Beautiful Virgin Islands

Monday, Aug 04, 2025

Food operators must sign declaration $$ will be used for intended purpose

Food operators must sign declaration $$ will be used for intended purpose

Premier and Minister for Finance, Honourable Andrew A. Fahie said the 10 food operators who will benefit from a grant from the United Nations Development Programme (UNDP) will be required to sign a declaration that the funds will be used for the intended purpose.

In a statement on September 14, 2020, the Premier informed that the $40,000 grant will assist 10 food operators, who will receive $4,000 each.

He said six businesses on Tortola, two businesses on Anegada, one on Virgin Gorda and one on Jost van Dyke would benefit.

He further said, the 10 businesses are inclusive of 5 restaurants, three food vans and two café/snackettes to assist with their operational expenditure.


The $40,000 grant from the United Nations Development Programme (UNDP) will be divided into $4,000 to 10 food operators.

'Rigorous process'


"Each awardee will be required to sign a declaration form upon receipt of the cheque, which outlines their commitment, for example: to honour the intended purpose for the funds (meeting business operational expenditure); to participate in any surveys on accessing the programme; to participate in the financial management assistance/training being offered pro bono by two of the BVI's Accounting Firms - Deloitte and KPMG. We were very pleased with the rigorous process of the UNDP and we applied the same requirements to our small business grant programme," the Premier said.

He informed that the UNDP programme is being done in partnership with the Government of the Virgin Islands, in providing economic stimulus.

"These funds will assist them in addressing some of the financial difficulties associated with the COVID-19 pandemic. We will not call the names of the business, but the awardees will be contacted via email and telephone to provide them with additional information, including where and when the cheques can be collected. Special arrangements will be made to ensure that cheques can be collected if you are on the Sister Islands," he added.

Premier Fahie said his administration is devoted to building entrepreneurial skills; therefore, as part of the knowledge-based component of the programme awardees will be receiving business management guidance by accounting and business development professionals in the VI.

"I would like again to thank Deloitte and KPMG for their involvement in this important initiative. Indeed, we are in this together," he added.

Sector badly affected


According to Junior Minister for Trade and Economic Development, Hon Shereen D. Flax-Charles (AL) September 14, 2020, during the launch of economic grant payments to Micro, Small and Medium Enterprise businesses (MSMEs), 64% of workers in food and drink sector were laid off, and significant revenue reduction was seen as a result of the pandemic.

"A business impact survey conducted by the Government of the Virgin Islands in April 2020, revealed that the majority of bars and restaurants experienced a significant reduction in business activity, between 61% and 100%," she stated.


Premier and Minister for Finance, Honourable Andrew A. Fahie (R1), right, seen here with Jr Minister for Trade and Economic Development, Hon Shereen D. Flax-Charles (AL), said the 10 food operators who will benefit from a grant from the United Nations Development Programme (UNDP) would be required to sign a declaration that the funds will be used for the intended purpose.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
Tesla Seeks Shareholder Approval for $29 Billion Compensation Package for Elon Musk
Nvidia is cutting prices on its RTX 50-series graphics cards after sales slowed and inventories piled up
Ghislaine Maxwell Transferred to Minimum-Security Prison Amid Ongoing DOJ Discussions
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Matt Taibbi Slams Media for Role in Russiagate Narrative
Pilots Call for Mental Health Support Without Stigma
All Five Trapped Miners Found Dead After El Teniente Mine Collapse
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Nationwide Protests Erupt in Brazil Demanding Presidential Resignation
Parents Abandon Child at Barcelona Airport Over Passport Issue
Mystery Surrounds Death of Brazilian Woman with iPhones Glued to Her Body
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
U.S. Opens Official Investigation into Former Trump Prosecutor Jack Smith
Leaked audio of Canada's new PM Mark Carney admitting the truth about the Net Zero agenda: "We're gonna make a lot of money off of this."
China Enforces Comprehensive Ban on Cryptocurrency Activities
Absolutely 100% Realistic EVO Series Doll by EXDOLL (Chinese Company) used mainly for carnal purposes
World Economic Forum founder Klaus Schwab: "In this new world, we must accept... total transparency. You have to get used to it. You have to behave accordingly. But if you have nothing to hide, you shouldn't be afraid."
Meet Mufti Hamid Patel, head of Office for Standards in Education in Pakistan
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
Decline in Tourism in Majorca Amidst Ongoing Anti-Tourism Protests
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
Poland Begins Excavation at Dziemiany After New Clue to World War II‑Era Nazi Treasure
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Threatens Canada with Tariffs Over Palestinian State Recognition
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Trump Sues Murdoch in “Heavyweight Bout”: Lawsuit Over Alleged Epstein Letter Sets Stage for Courtroom Showdown
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
J.K. Rowling Limits Public Engagements Citing Safety Fears
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Jeff Bezos hasn’t paid a dollar in taxes for decades. He makes billions and pays $0 in taxes, LEGALLY
China Increases Use of Exit Bans Amid Rising U.S. Tensions
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Procter & Gamble to Raise U.S. Prices to Offset One‑Billion‑Dollar Tariff Cost
House Republicans Move to Defund OECD Over Global Tax Dispute
Botswana Seeks Controlling Stake in De Beers as Anglo American Prepares Exit
Trump Administration Proposes Repeal of Obama‑Era Endangerment Finding, Dismantling Regulatory Basis for CO₂ Emissions Limits
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
A family has been arrested in the UK for displaying the British flag
Mel Gibson refuses to work with Robert De Niro, saying, "Keep that woke clown away from me."
×