The first round of grants is now open for applications and will remain so until September 30. Application forms are available on the Government’s official website (www.gov.vg). Eligible businesses interested in applying must complete the application forms and submit them via email to mfslt@gov.vg with the subject line “MSME Grant Programme.”

Additionally, the Ministry is seeking experienced professionals to join the Selection Committee for the MSME Grant Programme. This committee will be instrumental in evaluating applications and awarding grants to local small businesses that show significant potential to contribute to the Virgin Islands’ economy. Ideal candidates should possess expertise in business development, finance, or related fields, alongside strong analytical skills and a dedication to fostering economic growth in the community.

Interested candidates are encouraged to apply for the Selection Committee by submitting a cover letter and a current resume or curriculum vitae to mfslt@gov.vg, using the subject line “MSME Selection Committee.”

The Ministry of Financial Services, Labour, and Trade views this as a pivotal opportunity to support local businesses and professionals, with a focus on strategically enhancing the economic landscape of the Virgin Islands through targeted assistance and development initiatives.

Click below link for MSME Grant Application:

https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fbvi.gov.vg%2Fsites%2Fdefault%2Ffiles%2Fmsme_grant_application_edited_version_1.docx&wdOrigin=BROWSELINK

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The decision comes amidst ongoing efforts to review and streamline work permit processes.

While the Ministry has clarified that renewal applications for work permit exemptions by Minister’s discretion will still be accepted, in a statement officials emphasised the need for clarity and transparency in the application process, stating that they are currently developing guidelines to establish clear criteria for eligibility under the Minister’s Discretion category.

“The Ministry is committed to ensuring a fair and transparent process for all applicants seeking work permit exemptions,” said a spokesperson for the Ministry. “By temporarily suspending the acceptance of new applications, we aim to review and refine our procedures to better serve the needs of the community while upholding the integrity of our labor market.”

The Ministry has confirmed that applications will still be accepted in categories such as “By Marriage” for persons married to BVIslanders or Belongers living in the Territory, and “By Education” for individuals who have attended significant schooling in the BVI.

For those with questions or in need of additional information, the Ministry can be contacted at 468-211.

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