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Monday 08:00 - 17:00 Tuesday 08:00 - 17:00 Wednesday 08:00 - 17:00 Thursday 08:00 - 17:00 Friday 08:00 - 17:00

USVI Economic Development Authority

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USVI Economic Development Authority

The Virgin Islands Economic Development Authority
is a semi-autonomous government instrumentality

Our St. Thomas and St. John offices will open at 12:00 p.m. today, June 1, 2026. We can be reached at info@usvieda.org, ...

01/06/2026

Our St. Thomas and St. John offices will open at 12:00 p.m. today, June 1, 2026. We can be reached at [email protected], or you may contact our St. Croix office at (340) 773-6499. We apologize for any inconvenience this may cause.

25/05/2026

Today, we pause to honor the brave men and women who made the ultimate sacrifice in service to our nation. May we remember their courage with gratitude and reverence.

22/05/2026

The public is advised that the VIEDA Governing Board will meet virtually on Tuesday, May 26, 2026, beginning at 9:00 a.m.

The meeting will include a public hearing for the Virgin Islands Economic Development Commission (VIEDC), followed by decision meetings related to VIEDC and Enterprise Zone Commission matters.

Advance registration is required to attend via Zoom: https://us02web.zoom.us/meeting/register/__kRwPmgSsunR2JuwTEh4A

View the full press release here:https://files.constantcontact.com/2411370b701/f0419b69-2c39-4acd-ae28-c5bb67ac3d1f.pdf

18/05/2026

Did you know a USVI business like PPL's Choice Car Rental LLC got the financing support they needed and yours could too?

The State Small Business Credit Initiative (SSBCI) is a federal program available in the USVI that helps small businesses right here in the USVI access capital through loan guarantees and other credit support. That means if your bank needs a little extra assurance before approving your loan, USVIEDA's Economic Development Bank can back them up — so you get the funding you need to start, sustain, or grow your business.

Here's what SSBCI can help you do:
✅ Acquire equipment, inventory, or land
✅ Construct, renovate, or expand your building
✅ Cover start-up costs and working capital
✅ And much more

Participating lenders include FirstBank, Merchants Commercial Bank, Banco Popular, Oriental Bank, and Alba Capital.

Talk to one of those lenders about your financing needs and ask about SSBCI — or reach out to us directly.

📧 [email protected]
📞 St. Thomas/St. John: (340) 714-1700
📞 St. Croix: (340) 773-6499
🌐 www.usvieda.org

14/05/2026

We're back home from National Harbor, MD and we're proud to share what your USVIEDA team has been working on for our Territory.

Last week, USVIEDA and UVI Research and Technology Park joined forces as Gold Sponsors at the 2026 SelectUSA Investment Summit, one of the largest investment events in the country. We were in the room with more than 5,500 attendees from 100 countries, making the case for why the USVI is one of the smartest places in the world to do business.

Our team engaged with approximately 60 investment leads across sectors like technology, trade, manufacturing, hospitality, and professional services. These are all conversations that could mean real jobs and growth for our community.

This is what economic development looks like. We're out here telling our story, building relationships, and opening doors for our Territory.

Read the full recap: https://usvieda.org/press_release/vieda-and-uvi-rt-park-showcase-u-s-virgin-islands-as-investment-destination-at-selectusa-2026/

12/05/2026

The USVI was in the spotlight at ALIS CALA 2026.

VIEDA proudly represented the Territory at the premier hotel investment conference for the Caribbean and Latin America region, where CEO Wayne L. Biggs, Jr. presented hotel development and investment opportunities in the USVI.

With projected airlift growth, strong visitor demand and robust incentive programs, the Territory continues to strengthen its appeal as a destination for hospitality investment.

Read the full press release here: https://usvieda.org/press_release/vieda-showcases-the-usvi-as-a-leading-hospitality-investment-destination-at-alis-cala-2026/

07/05/2026

The Virgin Islands Economic Development Authority is pleased to announce its participation in the 2026 U.S. Virgin Islands Economic Development Spotlight, a special feature being produced in partnership with North America Outlook, a leading business publication.

This feature will highlight the U.S. Virgin Islands’ economic landscape, investment opportunities, and business success stories across multiple industries. As part of the project, USVIEDA CEO Wayne L. Biggs, Jr. will participate in an interview to discuss USVIEDA’s role in supporting economic development and advancing the Territory’s long-term growth.

The spotlight is expected to be published in July and shared across North America Outlook’s magazine, website, social media, newsletter platforms, and a dedicated brochure.

Local businesses and industry operators interested in learning more about opportunities to be included in the feature may contact Alfie Wilson at [email protected].

30/04/2026

Happy Carnival, USVI! 🎭🎶

As St. Thomas celebrates this cherished cultural tradition, we honor the creativity, music, food, pageantry, and community spirit that make Carnival such an important part of who we are.

Carnival is also a reminder that culture is connected to economic development. From vendors and performers to artisans, restaurants, hotels, transportation providers, event professionals, and small businesses, this season creates opportunities that support local livelihoods and strengthen our economy.

VIEDA proudly celebrates the people and businesses that help make Carnival a vibrant expression of Virgin Islands culture.

Wishing everyone a happy and safe Carnival season. Enjoy responsibly, support local, and celebrate the best of the Virgin Islands!

28/04/2026

The Virgin Islands Economic Development Authority is representing the U.S. Virgin Islands at ALIS CALA 2026, a regional hospitality investment conference focused on hotel development, tourism, and investment opportunities across the Caribbean and Latin America.

Today, April 28, 2026, at 2:45 p.m., USVIEDA CEO Wayne Biggs Jr. will present “Investment Opportunities in the U.S. Virgin Islands” at the Loews Coral Gables Hotel in Coral Gables, Florida.

Through this presentation, USVIEDA will highlight the Territory’s hotel development opportunities, investment incentives, and competitive advantages as we continue working to attract responsible investment, strengthen the hospitality sector, and support long-term economic growth in the U.S. Virgin Islands.

15/04/2026

Join us today at 11 AM (AST) for the VI-SBDC webinar, Navigating Capital: A Deep Dive into USVIEDA Funding & SSBCI Programs. Learn how to access financing to start or grow your business in the USVI.

🔗 Register: www.visbdc.org

Address

8000 Nisky Center Shopping Center, Suite 620
Saint Thomas
00802

Opening Hours

Monday	08:00 - 17:00
Tuesday	08:00 - 17:00
Wednesday	08:00 - 17:00
Thursday	08:00 - 17:00
Friday	08:00 - 17:00

Telephone

340-714-1700

Website

https://www.usvieda.org/

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