Business stimulus payments available from Monday, Sept 14- Hon Flax-Charles
Assisting Businesses, stimulating economy
Hon Flax-Charles, in a statement released today, September 11, 2020, said the Small Business Sector Grant Relief Programme that was established to assist Micro, Small, and Medium Enterprise (MSME) Businesses affected by the COVID-19 pandemic, in meeting their operational expenditure, while stimulating economic activity by facilitating the circulation of money within the Territory.
“As part of the application process outlined in the Policy Guidelines, MSMEs were required to provide information on revenues and expenditures pre-COVID-19 and during the COVID-19 period to date. This information was used to calculate a value loss figure, which was important in determining the amount of funds a business is granted in a transparent, objective and equitable manner,” she said.
“I am pleased to report that on Monday, 14 September at 10:00 a.m., we invite you to join us for a virtual ceremony live on Facebook as we launch the COVID-19 stimulus payment of MSMEs who have qualified for this grant.”
Gov’t pleased to reach payout stage
Hon Flax-Charles said that the Government remains pleased to have reached the point to be able to make the financial assistance available as businesses have been looking forward to the stimulus.
“Additionally, we have made a provisional extension to the application process recognising that a small amount of our business persons faced significant difficulty with meeting the deadline for whatever reason.”
Businesses looking to meet this extension’s deadline are asked to contact the Department of Trade, Investment Promotion and Consumer Affairs at 468-4280 or via email using bvitrade@gov.vg.
20 Responses to “Business stimulus payments available from Monday, Sept 14- Hon Flax-Charles”
i cant even get any money from social security what a shame but small business can get there stimulus this place jus fucked rite up