HomeNewsLocal governmentEnterprise Zone Commission Hosts Open House March 13

Enterprise Zone Commission Hosts Open House March 13

The Virgin Islands Economic Development Authority, through its Enterprise Zone Commission, invites the public to attend the EZC Open House on Thursday, March 13, from 9 a.m. to 2 p.m. at Levels in Christiansted. This event is an opportunity for entrepreneurs, property owners, and community stakeholders to learn about programs designed to revitalize designated enterprise zones, support business growth, and drive economic development in the U.S. Virgin Islands.

Attendees will learn about tax incentives and community development programs aimed at revitalizing the Territoryโ€™s enterprise zonesโ€”once-thriving communities that have since experienced economic decline. These areas include the towns of Christiansted and Frederiksted on St. Croix, as well as the Garden Street/Upstreet and Savanne/Downstreet communities on St. Thomas. EZC incentives provide valuable tools to encourage investment in these historic neighborhoods, fostering economic growth and community transformation. Additionally, the Open House will provide insight into VIEDAโ€™s other programs and services, including:

  • Community development initiatives
  • Financing options, technical assistance, and other tax incentives to help businesses start and grow
  • State Small Business Credit Initiative (SSBCI) guarantee support to assist entrepreneurs with securing capital
  • The VI Slice Moderate Income Homeownership Program, which helps eligible residents achieve their dream of buying or building their first home

โ€œThe Enterprise Zone Commission remains committed to empowering businesses and revitalizing our historic communities,โ€ said Nadine Marchena Kean, managing director of EZC. โ€œThis Open House is a great opportunity for the public to connect with resources that can help drive economic progress in the Virgin Islands.โ€

Business and property owners, stakeholders, and residents are encouraged to attend to explore how these programs can benefit them.ย The event is free and open to the public. Attendees will also have the opportunity to participate in a trivia game show activity for the chance to win prizes.

For more information on EZC and VIEDAโ€™s other programs that assist small business growth and foster investment, email info@usvieda.org or visit www.usvieda.org.

Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-244-6631.

Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall โ€“ we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.

Jobs - Click Here