Information contained in this post was provided through a webinar hosted by the US Virgin Islands Economic Development Authority. For more information or clarification, please use the contact information provided.

Legislature of the Virgin Islands of the United States | Honorable Senator Allison DeGazon

VI Department of Agriculture | Departmental Resources

VI Economic Development Authority | Economic Development Commission

VI Economic Development Authority | Economic Development Bank

  • Farmers Program / Micro Credit Loan
  • Maximum direct loan of $50,000
  • Maximum loan term of 5 years
  • Interest rate: 4% / 5%
  • Applicant must be licensed as a commercial farmer for three years / Must be a legal resident of the resident of the Virgin Islands for 5 years.
  • Can be used for:
    • Capital Costs & Infrastructure
    • Equipment & Inventory
    • Other tools and implementation for the production and sale of produce.
  • For more information, please use this link for their website.

World Central Kitchen | VI Plow to Plate Program

  • Offers Grants from $5,000 to $20,000
  • Creates opportunities for:
    • Capacity Building
    • Business & Technical Training
    • Exposure to WCK’s network
    • Volunteers to Work
  • Can be used for:
    • Physical Assets
    • One time purchases
    • Other tools to bring your business to the next level!
  • Who can apply?
    • Commercial Farmers & Fishers
    • Agribusinesses (local, small scale food producers, distributors, & suppliers)
  • Deadline April 30th, 11:59pm

USDA | Natural Resources Conservation Service

  • https://www.rd.usda.gov/coronavirus
  • Visit the link above to find the most up to date COVID-19 Federal Rural Resource Guide.
    • Identified funding and other Federal resources.
  • Offers over 50 programs and services:
    • Business & industry Loan Guarantee
    • Rural Energy of America Renewable Energy System & Energy Efficiency Grant
    • Value Added Producer’s Grant
    • Distance Learning & Telemedicine Grants (Deadline: July 13, 2020 | Informational Webinar: May 5th)
      • If you have questions related to the Distance Learning & Telemedicine Grants
        • Andrew Hayes | General Field Representative
        • Phone: 770.312.7073 | Email: andrew.hayes@usda.gov
  • For General Questions, please email vi-rd@usda.gov.

USDA NRCS | Environmental Quality Incentives Program (EQUIP) Assistance

  • Addresses resource concerns for soil, water, air, cultural, land areas and provides technical and financial assistance in developing new programs and systems on your property.
  • EQUIP Requirements:
    • Must be registered through the USDA NRCS
    • Crop Farmers: Must have irrigation history for crop land
    • Livestock Farmers: Must have zoning for pasture land
    • Bank account available for direct deposit.
  • Office is open for appointments
  • For more information please email Rudy O’Reilly at rudy.o_reilly@usda.gov or call (340) 692-9632.

US Small Business Administration

  • Please visit https://sba.gov for the most up-to-date information on COVID-19 related assistance

VI Small Business Development Center

  • If you need assistance with clarifying which forms are needed, getting documentation together, etc
  • Contact: (340) 693-1694 | info@visbdc.org
  • Visit their website.

American Farmland Trust | Farmer Relief Fund

  • To help directly support farmers impacted by the current crisis, American Farmland Trust is launching a new Farmer Relief Fund.
    • AFT’s Farmer Relief Fund will award farmers with cash grants of up to $1,000 each to help them weather the current storm of market disruptions caused by the coronavirus crisis.
    • Initially, eligible applicants include any small and mid-size direct-market producers. These are defined as producers with annual gross revenue of between $10,000 and $1 million from sales at farmers markets and/or direct sales to restaurants, caterers, schools, stores, or makers who use farm products as inputs.
  • The program will be extended through April 23rd.