CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – December 20, 2021 – The U.S. Virgin Islands (USVI) will continue to be at the forefront as a key destination for prime business investment and economic growth. The V.I. Economic Development Authority (VIEDA) recently secured another series of promotional activities with Business Facilities (BF) magazine, an area development magazine, to attract more prospective business investors to the USVI.
From November 2021 through January 2022, Business Facilities magazine will feature the U.S. Virgin Islands through a series of promotional feature stories and advertisements that will include a full-page ad in BF’s November issue and advertisements in the digital and print issue of December 2021; a location video newsletter, eNewsletter Sponsorship Article and sponsored content. Business Facilities reaches over 100,000 senior-level executives; 40,000 verified magazine subscribers, 20,000 eNewsletter subscribers and 40,000 unique web visitors monthly.
“Every targeted opportunity we can secure to promote what the U.S. Virgin Islands has to offer for business development and economic growth is essential to help enhance the quality of life for our business community and residents,” said Wayne L. Biggs, Jr., Chief Executive Officer, VIEDA. “It’s been our pleasure to have partnered with Business Facilities magazine and utilize their platforms to reach audiences that both BF and the VIEDA have in common when it comes to economic and area development,” added Mr. Biggs.
This economic development magazine will highlight the tax incentive program under V.I. Economic Development Commission, the Sustainable-Tourism Through Arts-Based Revenue (S.T.A.R.S.) Program, International Financial Services Equity (IFSE) Tax Incentive Program, Hotel Development Program, and the Tax Increment Financing (TIF) Program, that help qualifying companies reduce their taxes and increase their profits and rival any benefits package across the globe. These promotional activities are some of several marketing initiatives undertaken by the VIEDA to attract business investment to the USVI.
For more information, contact Shanell Petersen, managing director, VIEDA Marketing & Vision 2040, at 340-714-1700, ext. no. 1511; or send an email to marketing@usvieda.org .