The Virgin Islands Economic Development Authority (VIEDA) launched BizPulse VI: Business Climate Survey to hear directly from the business community. This survey provided an opportunity for business owners to share what it’s like operating in the U.S. Virgin Islands—highlighting what was working well, the challenges they were facing, and the changes they believed would make the Territory more business-friendly.

The survey was part of Vision 2040, the U.S. Virgin Islands’ 20-year economic development strategy to build a stronger, more resilient, and more diverse economy. One of Vision 2040’s key recommendations is the creation of a Business Climate Commission (“Commission”), comprised of both public and private sector members. The Commission will be tasked with recommending policies to strengthen the Territory’s business climate, fostering the growth and long-term success of business enterprises.

The survey is now closed, and the results are currently being evaluated to help guide the Commission’s future actions and recommendations.