Beautiful Virgin Islands

Thursday, Jul 10, 2025

Over 600 Businesses Applicants Yet To Receive Stimulus $$

Over 600 Businesses Applicants Yet To Receive Stimulus $$

More than 600 local businesses that requested help from the Government through its COVID-19 stimulus grant programme are yet to receive any form of acknowledgment to their applications and have not received assistance.
This was revealed during the House of Assembly on March 10.

During that sitting in the question and answer segment, Opposition Leader Hon. Marlon Penn asked Premier and Minister for Finance Hon. Andrew Fahie for an update on the programme.

“The ongoing COVID-19 pandemic continues to impact the business sector of the Virgin Islands economy. Businesses are important for driving economic activity in any economy; businesses provide jobs and enable employees to meet their social and financial needs,” Premier Fahie remarked.

He said the response to the business grant stimulus was overwhelmingly positive and informed that a total of 1,883 business grant applications were received.

“Of the applications received, a total of 1,258 applicants have received notice that they were approved to receive grants. Mr. Speaker, no business received any notification that they were denied,” he continued.

He said the 1,258 applicants who were approved for the assistance have since received their stimulus grant checks.

“So there’s a difference of over 600 businesses that applied that didn’t get any denial notification? So how are we going to address those businesses?” Hon. Penn questioned.

“The answer is yes, they must get a response one way or the other, but remember the COVID-19 grant programme is ongoing, and the other area we have to recognize is that some persons would have put in for multiple trade licenses. And, some decisions had to be made if they had seven trade licenses with seven different businesses, but we cannot allow one person to go with seven checks. So there was also a decision to space it out to make at least many persons across the diaspora and the BVI get some kind of stimulus check from the stimulus grant,” Premier Fahie explained.

Out of the $62.9 million stimulus package that was mostly funded by the Social Security Board to aid in alleviating the impact of COVID-19 in the BVI, $6.5 million was earmarked for businesses.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
Poland Implements Border Checks Amid Growing Migration Tensions
Political Dispute Escalates Between Trump and Musk
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
US Senate Votes to Remove AI Regulation Moratorium from Domestic Policy Bill
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
Jury Deliberations in Diddy Trial Yield Partial Verdict in Serious Criminal Charges
×