Welcome to the first step in applying for a KickStart BVI Small Business Loan to help reboot your business following the storms of 2017. We're delighted to support you in your recovery so that together we can make BVI strong again.
What is the KickStart BVI Small Business Loan Programme?
The KickStart BVI Small Business Loan Programme provides loans for aspiring BVI-based entrepreneurs who, in turn, will create much needed jobs and opportunities for the communities around them. We know there is great entrepreneurial spirit in the BVI and our aim is to help more people take great ideas and turn them into thriving businesses, particularly reaching entrepreneurs who find it difficult to get funding through more conventional routes. You can find out more information here.
In response to the needs of struggling BVI small businesses post Hurricanes, and to ensure as many small businesses as possible are able to benefit from our programme, we are giving out micro-loans in the first half of 2018. These micro-loans are between US$2,000 and US$10,000. They remain interest-free, require no down-payment or collateral, and have customisable repayment plans.
In order to apply we'd like to know some more about you and your business, all you need to do is fill out this FORM to kick-off your application. We will screen your responses to assess whether you meet our eligibility criteria. Note, all information will be kept commercially confidential. Good luck!
Can I apply for a KickStart BVI Small Business Loan?
The KickStart BVI Small Business Loan is a personal loan for business purposes only, there's just a few things you need to know before applying:
- You must be over 18 years
- You must reside in the BVI, and your business must be BVI-based
- You hold a valid BVI trade licence
- You have no other access to financing
- You have been operating this business for at least a year
- Your business is contributing to the stronger, smarter, greener, and better rebuild of the BVI
Click here for more information about our KickStart BVI Small Business Loan Programme.
Entrepreneurship is a great leveller, the wonderful thing is that money is not the sole currency when it comes to starting a business; drive, determination, passion and hard work are all free and more valuable than a pot of cash.
- Richard Branson, Founder, Virgin