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News Updates for the US Virgin Islands
Studies Show Economy is Changing Gears Applications being accepted for Teacher Grants The Anderson Family Fund for Education was established at the foundation in 2002 to help improve public education for children in the U.S. Virgin Islands. To date, the fund has distributed more than $140,000 to public school teachers throughout the territory. The programs are funded by John Anderson Sr. of Los Angeles and Topa Properties, Ltd. The Anderson Family Fund teacher grants program provides funding on a competitive basis for projects that seek to improve student achievement. Individuals may request up to $1,000 to implement an innovative project in their classrooms and schools. Grant awards must supplement school activities and resources, not replace local or federal funding. Priority will be given to proposals in which students are directly involved in the project, the project description is clear and well-organized, creative strategies and activities are used to improve student learning, outcomes are measurable and substantive, the budget is realistic and the funds will be used efficiently. Proposals must be submitted to the Community Foundation of the Virgin Islands no later than 5 p.m., Sept. 30. To receive an application form, e-mail kwilliams@cfvi.net or generalinfo@cfvi.net or visit www.cfvi.net and look under the grants section. Successful applicants must agree to submit a brief written report, receipts for expenditures and, if possible, visual documentation on how they used the grant at the end of the funding period. Any applicant who was a recipient of a 2008 Anderson Teachers Grant must have submitted a written final report on the use of the 2008 grant in order to be eligible for a grant in 2009. For information, call 774-6031. On the 10th of July, 2009 the Governor was pleased to announce the close of sale for the bond funds needed to start construction on the Diageo's Captain Morgan rum distillery on St Croix. The distillery is proposed to generate over $100 million annually in revenue for the region. Much needed funds to be used for the good of the people. Also in St. Croix, the governor approved the go ahead for local construction company GEC,LLC. to begin work on the drainage structures and roadways in the southwestern part of William's Delight. To reach the Governors office for each island please use the address and phone or fax numbers listed below
In other news around the Virgin Islands....
July 22, 2009 - The US Census Bureau released their report regarding the 2007 US Virgin island Economy. Topping the charts is the 2,583 businesses that generated over 19.5 billion dollars in sales. The Virgin Islands also employed over 35,300 people for a total salary of 1.1 billion. Retails sales increased of 15%. Even without the HOVENSA Oil Refinery the region experienced significant growth! Of the many retail categories Clothing and Clothing accessories were the highest percentage of retail sales coming in at 30%. Food and beverage stores was next at 18%. Interested in living in the Virgin Islands or owning a vacation home here? Give Jackie a call today! |
This is due in large part because the oil refineries were not included in the previous census back in 2002.