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Business

MLB Creative Is Awarded a Bronze Stevie®

MLB Creative, a U.S.V.I. advertising agency and collaborative studio specializing in advertising, branding and digital design, has been named the winner of a Bronze Stevie® Award in the Marketing / Advertising Agency of the Year category in the 2016 American Business Awards

Both Chambers of Commerce Endorse UVI School of Medicine

The Boards of Directors of both Chambers of Commerce announced their full support for the University of the Virgin Islands School of Medicine (SOM). The St. Croix Chamber announced their support in April, and the St. Thomas-St. John Chamber unanimously voted to support the SOM in May 2016.

Innovative Temporarily Resumes Cash Collections on Interim Basis

Innovative, the leading telecommunications provider in the U.S. Virgin Islands, advises the public that effective Monday, May 16, it will open one cashier window at each of its business office locations to accept cash payments.

UVI Student Entrepreneurs Win $60,000 in 13D Competition

Three University of the Virgin Islands student entrepreneurs won $60,000 at the 4th Annual 13D Entrepreneurship Competition on April 27 on the St. Thomas Campus. The 13D Competition, sponsored by 13D Research and Innovative, is designed to eliminate the obstacle of financing for UVI student entrepreneurs who have great ideas for potentially profitable businesses but no access to start-up capital.

USVIHTA Names Scott Derrickson Chairman of the Board of Directors

The USVI Hotel and Tourism Association (USVIHTA) welcomes Scott Derrickson as chairman of the board of directors. He joins the board with over three decades of experience in the hospitality, tourism and customer service industries.

SBA Loans in PR and USVI Up During Six Months of Fiscal Year 2016

The U.S. Small Business Administration (US SBA) approved 335 loans for $43.8 million in Puerto Rico and the Virgin Islands during the first six months of fiscal year 2016, a 19 percent and six percent increase, respectively, over approvals during the same period in 2015.

UVI Research and Technology Park Resets 2016 Budget

The UVI Research and Technology Park board voted to revise the 2016 budget after a $1 million allocation by the V.I. government was denied, asserting they can raise the funds from commercial revenues.

CEO Says viNGN’s Current Business Model is ‘Limiting’

Access to high-speed fiber-optic broadband Internet isn’t coming quickly enough to the homes of Virgin Islanders, thanks in part to constraints placed on the way the viNGN does business.

IAA/McDonald’s MLK Jr. Basketball Tournament Set for Jan. 15-18

McDonald’s has announced its partnership for the second consecutive year with the St. Thomas-St. John Interscholastic Athletic Association (IAA) and the U.S.V.I. Department of Education, participating as the primary sponsor of the 23rd Annual IAA/McDonald’s Martin Luther King Jr. Varsity Basketball Invitational Tournament.

Business Taxpayers Can Obtain W-2VI Forms on IRS Web Site

The Internal Revenue Service (IRS) is providing business taxpayers with the opportunity to order Forms W-2VI and the information returns online.

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