Beautiful Virgin Islands

Wednesday, Oct 08, 2025

Multiple businesses eligible for grants - Karia J. Christopher

Multiple businesses eligible for grants - Karia J. Christopher

Entrepreneurs who have multiple businesses may be eligible for numerous grants under the economic stimulus for micro, small and medium enterprise business grant relief programme, Director of Trade Mrs Karia J. Christopher has said.

“The short answer is yes,” Mrs Christopher said in response to the question posed by moderator and Information Officer at the Government Information Service, Sheriece T. Smith on Thursday, August 13, 2020 on social media.



Entrepreneurs who have multiple businesses may be eligible for numerous grants under the economic stimulus for micro, small and medium enterprise business grant relief programme, Director of Trade Mrs Karia J. Christopher has said. Photo: Facebook



“I am going to try to give you a very simple example so that persons can relate. If Sheriece Smith has a restaurant in Road Town, Sheriece Restaurant, that is one business. Sheriece is a budding entrepreneur, she loves fashion, and she has a clothing store in Sea Cows Bay, that’s two businesses.”

She continued: “The premier was adamant that and to use his words, ‘take from Peter to pay Paul,’ so in that case, Sheriece who has two businesses will definitely be eligible for two different grants. But, if Karia Christopher has an architectural firm and I do project management in the same space that’s just two different licenses but it is in the same area, so in that case Karia Christopher would only be eligible for that one grant.

Only updated trade license required


Christopher also said, the only document that is mandatory is an updated trade license, and business owners can submit that up till the deadline, which is slated for August 21, 2020.

“Now there have been some questions, so perhaps our message was not clear, that is the only requirement that is mandatory, a trade license. There are sections where persons were asked to submit National Health Insurance (NHI), Inland Revenue and Social Security.”

Receipts accepted


She added: “What we have said from the beginning, this is not mandatory. We do not want businesses to be stressed out because they are not up to date. If you are up to date, beautiful, submit what you have. Another point of clarification, we accept receipts. So if you have your receipts, for NHI, Social Security, if you can prove that you have paid your taxes, please do not go into the expense of trying to get a Certificate of Good Standing.”

Christopher said the Certificate of Good Standing is only mandatory for companies.

“There is a big difference between a company and a dba. So if you are a company that is established with a limited enterprise – Ltd, those are where you require that certificate of good standing from the Financial Services Commission. Again it is not mandatory; we want to make sure that we put the businesses at ease.”

The other mandatory aspect is not having more than 20 employees, she said.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
France: Less Than a Month After His Appointment, the New French Prime Minister Resigns
Hungarian Prime Minister Viktor Orbán stated that Hungary will not adopt the euro because the European Union is falling apart.
Sarah Mullally Becomes First Woman Appointed Archbishop of Canterbury
Mayor in western Germany in intensive care after stabbing
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
US Prosecutors Gained Legal Approval to Hack Telegram Servers
Macron Faces Intensifying Pressure to Resign or Trigger New Elections Amid France’s Political Turmoil
Standard Chartered Names Roberto Hoornweg as Sole Head of Corporate & Investment Banking
UK Asylum Housing Firm Faces Backlash Over £187 Million Profits and Poor Living Conditions
UK Police Crack Major Gang in Smuggling of up to 40,000 Stolen Phones to China
BYD’s UK Sales Soar Nearly Nine-Fold, Making Britain Its Biggest Market Outside China
Trump Proposes Farm Bailout from Tariff Revenues Amid Backlash from Other Industries
FIFA Accuses Malaysia of Forging Citizenship Documents, Suspends Seven Footballers
Latvia to Bar Tourist and Occasional Buses to Russia and Belarus Until 2026
A Dollar Coin Featuring Trump’s Portrait Expected to Be Issued Next Year
Australia Orders X to Block Murder Videos, Citing Online Safety and Public Exposure
Three Scientists Awarded Nobel Prize in Medicine for Discovery of Immune Self-Tolerance Mechanism
OpenAI and AMD Forge Landmark AI-Chip Alliance with Equity Option
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
×