www.vi.gov\/cbf\/<\/a>.\u00a0 For more information call 340-774-0001. The Community Business Forum is free.<\/p>\r\n\r\n\r\n\r\nThe agenda includes presentations from the University of the Virgin Islands\u2019 Business School, the VI Small Business Development Center, the US Small Business Administration, the VI Economic Development Authority and UVI\u2019s Research and Technology Park.<\/p>\r\n\r\n\r\n\r\n
\u201cAll of us know and have felt how adversely the pandemic has impacted our local businesses,\u201d said David Bornn, Chief Legal Counsel for the Office of the Governor and facilitator for the Forum. \u201cThe American Rescue Plan provides significant and tangible support to help businesses regain their footing and to strive forward. It\u2019s important that our business owners know and understand what is available to help them rebuild, and how to access it.\u201d<\/p>\r\n\r\n\r\n\r\n
The American Rescue Plan provides new funding for the Paycheck Protection Program (PPP) \u2013 originally introduced in the CARES Act \u2013 this time in the form of grants instead of loans. It also expands the PPP to include eligibility for more types of non-profits and introduces the Restaurant Revitalization Fund (RRF). The RRF provides $28.6 billion in grants to restaurants and bars \u2013 among the hardest hit businesses in the pandemic \u2013 as well as to caterers, food trucks and companies that provide live performances.<\/p>\r\n\r\n\r\n\r\n
The Business Forum will also provide information on the Emergency Rental Assistance Program (ERAP) and the Homeowner Assistance Program (HAP) offered through the VI Housing Finance Authority. The ERAP helps individuals and families who have been financially impacted by the COVID-19 pandemic keep up on their rent and remain in their homes. The HAP assists homeowners behind on their mortgage and utility payments avoid foreclosure and eviction.<\/p>\r\n\r\n\r\n\r\n
\u201cThe USVI Community Business Forum is working in tandem with our efforts to reach herd immunity and get to a new COVID normal,\u201d Governor Bryan said. \u201cThis is essential because there is no option for fully reopening our Territory without our businesses being able to fully reopen their doors, particularly as we prepare for the return of cruise ships to both St. Thomas and St. Croix, possibly as early as this summer.\u201d<\/p>\r\n\r\n\r\n\r\n
\u201cI encourage all businesses owners, landlords and homeowners to attend the forum, join the conversation and give their input,\u201d he said.<\/p>\r\n\r\n\r\n\r\n
The CBF series is an initiative of the Office of the Governor, the V.I. Economic Development Authority and the V.I. Department of Tourism to provide business owners with the tools and resources they need to adapt, innovate and embrace technology to rebuild the VI economy.<\/p>\r\n\r\n\r\n\r\n
For more information about the USVI Community Business Forum, materials presented in previous sessions or to register, visit www.vi.gov\/cbf<\/a>.<\/p>\r\n\r\n\r\n\r\nThe Bryan-Roach Administration is committed to transparency, stabilizing the economy, restoring trust in the government and ensuring the disaster recovery is completed as quickly as possible.<\/p>\r\n\r\n\r\n\r\n
###<\/p>\r\n","protected":false},"excerpt":{"rendered":"
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