18 businesses to find homes in phase one of D5 Economic Zone– Hon Rymer
Speaking at the groundbreaking ceremony in Huntums Ghut on October 19, 2020, Hon Rymer said the warehouses will be able to accommodate 6 businesses each, for a total of 18 businesses to be housed in the first phase of the zone, providing new opportunities to entrepreneurs.
“Applicants will have to develop a business plan which will be used for the selection process. We will work closely with the Department of Trade to offer assistance to bring your dreams to reality. Starting a business is much more than the space in which you will operate, much more than the brick and mortar,” Hon Rymer said.
He reminded prospective entrepreneurs that opening a business is not an easy feat either, rather one that requires a number of steps, such as pinpointing and providing a needed service for the community, the need for manpower and other resources like accounting, marketing, financing and so much more.
Small fee to use business facility – Hon Rymer
“Your Government is providing a stepping stone for you to make your entrepreneurial dreams a reality,” Hon Rymer affirmed, noting that successful applicants will be required to pay a small user’s fee that will go towards the upkeep of the facilities.
He said the idea for the economic zone was birthed from the concept of the Palm Gove Shopping Centre, where Virgin Islanders were able to operate their own businesses at a fraction of the market value and the market operating costs.
“The dream is that these businesses will blossom and they will outgrow these spaces. As they spread their wings and move to bigger accommodation elsewhere, room will be created for new entrepreneurs to move in and also birth their small business idea,” he said.
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10 Responses to “18 businesses to find homes in phase one of D5 Economic Zone– Hon Rymer”
Who going go In there with all them rude @#% thugs smoking. Them Ghut boys will run people out of there and who business owner will feel comfortable working in there ?? Must less leaving monies and valuable stuff there for them boys to broke open it.
WTF is wrong with you people! Government has an excellent track record of poor maintenance or a lack of it with every thing they own. This too will suffer the same faith right after the new smell wears off like every thing else. Better you had make this investment in the technical school or the high school. We need trades men and women badly in our islands.