Local News
Governor’s Office Launches Youth Empowerment Projects Fund
The Governor’s Office in the British Virgin Islands has recently announced the establishment of a fund totaling $30,000 to support youth empowerment projects across the territory. The fund aims to provide financial assistance to registered or established BVI Non-Profit Organizations that are committed to delivering activities and projects focused on empowering young individuals and supporting the economic development of the BVI.
Organizations or partnerships between organizations are encouraged to apply for grants of up to $10,000 to implement projects that will enable local youths to have positive experiences and develop new skills. These projects should also inspire them to explore job opportunities in sectors such as tourism, environment, agriculture, sports, and other fields relevant to the sustainable development, economic growth, and overall well-being of the BVIs.
The target age group for these activities is 13 to 21-year-olds, ensuring that the projects align with the BVI Sustainable Development Plan’s goal of empowering islanders for a sustainable future in an inclusive and vibrant society, where individuals lead fulfilling lives.
Project partners can be included in multiple applications, but each project lead should submit only one application.
The timeline for the application process is as follows:
– Applications must be received by October 23, 2023.
– Projects must be completed by March 1, 2024.
To apply for the fund, interested organizations should follow these steps:
Step 1: Email Govoffice.Tortola@fcdo.gov.uk to request an application pack.
Step 2: Complete the application form and submit it electronically by October 23, 2023.
Step 3: Application documents will be reviewed by November 17, 2023.
Step 4: Successful applicants will be notified by December 1, 2023.
For further information or any inquiries, organizations are encouraged to contact Govoffice.Tortola@fcdo.gov.uk.
The Youth Empowerment Projects Fund presents a valuable opportunity for organizations in the BVI to make a positive impact on the lives of young individuals while contributing to the sustainable development and economic growth of the territory.
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British Virgin Islands Financial Services Commission Welcomes New Leadership
The British Virgin Islands Financial Services Commission (BVIFSC) has announced new appointments to its governing board, with Mr. Gerard St Clair Farara KC stepping in as Chairman and Ms. Patlian Johnson as Commissioner. The appointments, confirmed by the Ministry of Financial Services, Labour, and Trade, mark a new chapter for the commission as it seeks to strengthen the territory’s financial services sector.
Mr. Gerard St Clair Farara KC has been appointed to a three-year term as Chairman, effective August 1, 2024. A seasoned legal expert with a distinguished career, Farara currently serves as a Commercial Court Judge for the Eastern Caribbean Supreme Court and leads the litigation team at the BVI office of COLLAS CRILL, formerly Farara Kerins. Farara’s prominence in the legal community is further highlighted by his appointment as Queen’s Counsel in 1996, cementing his standing as a leading figure in the Virgin Islands Bar and the broader Eastern Caribbean.
Ms. Patlian Johnson will serve a one-year term as Commissioner, also beginning on August 1, 2024. Johnson, a Strategy and Policy Advisor with extensive experience, currently holds the position of National Coordinator for the UNDP Project Office. She brings an impressive academic background, including a Master of Science in Economics and Finance from the University of Bristol and a Bachelor of Science in Economics and Accounting with First Class Honours from the University of the West Indies, Cave Hill Campus.
The pair will replace outgoing Chairman Mr. Robin F. Gaul and Commissioner Mr. Melvin A. Turnbull, whose terms have concluded. Minister of Financial Services, Labour, and Trade, Honourable Lorna G. Smith, OBE (AL), praised the new appointments, stating, “I am delighted to welcome Mr. Farara and Ms. Johnson to the BVIFSC Board of Commissioners. Their combined expertise will be invaluable as we continue to navigate the challenges and opportunities facing the financial services sector.”
Smith also expressed gratitude to the departing board members for their significant contributions to the growth and stability of the territory’s financial services industry. According to the Government Information Service (GIS), these appointments underscore the Virgin Islands’ commitment to maintaining a well-regulated and competitive financial services sector.
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