Beautiful Virgin Islands

Saturday, Feb 22, 2025

Businesses asked to be patient! Stimulus cheques coming soon

Businesses asked to be patient! Stimulus cheques coming soon

Approved businesses who have not yet received their cheques from the government’s Small Business Sector Grant Relief Programme are being urged to be patient as their cheques will soon be on its way.

This appeal comes from Junior Minister for Trade & Economic Development, Shereen Flax-Charles following reports received by BVI News that a number of approved businesses were still in the dark about the whereabouts of their cheques.

Flax-Charles told our news centre the Trade Department is exhausting their human resources to have the cheques processed as quickly as they can while maintaining accountability.

“Cheques are coming out. I would just ask for persons to be patient knowing as well that there are other stimulus packages being offered by government, with thousands of cheques that are going to be going out in the next couple of weeks,” Flax-Charles told BVI News.

“If they got a call, they will be getting a cheque. I realise that persons are anxious and they need to get their bills paid, but it is going to take a little bit longer than some of them were anticipating … There is a process that is mandated by Finance and the auditors are looking at everything, so it has to be done properly,” she added.

Hundreds of businesses to be inputted in gov’t system


The junior minister also said a number of the businesses had not yet received their cheques since they had to be added to the government’s system before the grants could be fully processed.

“It’s over a thousand businesses that were awarded grants and the majority of these businesses were not in the government systems, so all of that information has to be inputted, they have to create a profile for each of them,” she explained.

“For instance, if BVI News was getting a trade grant and they had never done business with government before, all of their information needs to be put in and it’s hundreds of those that have to be done. Added to that, the officers that are working on these things, they too have other responsibilities as well. They still have to do their regular functions plus they’re making sure that these grants and cheques get out,” the junior minister further explained.

1039 business approved in September


Meanwhile, in a media conference on September 24, Premier Andrew Fahie announced that 1,039 businesses had been approved for the programme.

Of the $6.5 million which was allocated from the Social Security Board for the programme, Fahie said a total of $6,138,889 was used to fund the aforementioned approved businesses.

Of that sum, the Fourth District where the Road Town capital is located was awarded the highest value of grants from all the nine districts, with a combined total of $1,665,565 shared among 280 businesses.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
UK Prime minister, Mr. Keir Starmer, has stated that any peace agreement aimed at ending the conflict in Ukraine "MUST" include a US security guarantee to deter Russian aggression
×