Local USVI News

Celebrate Development of Local Small Businesses During VI SBDC Day

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Today, Wednesday March 15, has been designated as “VI SBDC Day” by Governor Albert Bryan Jr.

SBDC Day is being observed, according to a release received by the Consortium, in allegiance with America’s SBDC network to promote economic prosperity. 

Established in 1985, core services provided by the Virgin Islands Small Business Development Center (VI SBDC) include strategic business planning, business startup, management and financing guidance, market development, innovation and technology, regulatory compliance, technical assistance through loan application and packaging, along with business education training from experts in both the private and public sector. 

The local SDBC, which is connected to the largest small business assistance network in the US and its territories, has been positively impacting the business community for almost forty years. 

“Last year alone, the VI SBDC was successful in assisting over 750 clients, supporting over 1,500 jobs and helped our clients obtain over $3.9 million in capitalization,” said VI SBDC Interim State Director Karen Jones. “Small businesses in the territory have experienced tremendous hardships over the past years, but through persistence and hard work, they have overcome these adversities.” 

Jones went on to thank Governor Bryan, the University of the Virgin Islands, the Small Business Administration, and other partners in the territory for the part they have played in helping local businesses succeed.

Organizations and businesses have been invited to recognize today as VI SBDC by showing support for the movement through social media, blogs and newsletters. Small businesses are invited to upload photos using the hashtag #SBDCDAY and tagging @VISBDC on social media platforms.

This post was orig­i­nally pub­lished on this site

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