MSMEs to Receive Christmas Grants
Minister Hon. Lorna G. Smith announced additional grants for Micro, Small and Medium Enterprises will be distributed before Christmas, continuing a programme launched in 2024. The MSME Grant Programme has increased funding and previously awarded funds ranging from $1,000 to $7,000 to local businesses.
Smith has announced that additional grants under the Micro, Small and Medium Enterprises (MSME) Grant Programme will be distributed before Christmas. Speaking at a press conference on Friday, December 12, 2025, Minister Smith said, "I’m happy" to share the news and reiterated that "the grant programme continues to deliver targeted support to local businesses." The move is aimed at providing an end-of-year boost to small business owners across the Virgin Islands.
Launched in 2024, the MSME Grant Programme provides one-time financial incentives to help businesses improve operations, expand services, or increase resilience. According to a Virgin Islands News Online report from April 16, 2025, grant awards have ranged from $1,000 to $7,000 depending on applicants' needs and the likely impact of the assistance.
In August 2025 the programme’s available funding was increased from $100,000 to $300,000 to reach more entrepreneurs. The most recent cohort under the programme comprised 23 entrepreneurs who received grants. While Minister Smith did not disclose the exact number of additional recipients or the total amount to be distributed before Christmas, the announcement signals another round of targeted support timed to help businesses during the busy holiday season.
For many local enterprises — from retailers and food vendors to tourism-related services — a cash injection at year-end can help with inventory purchases, seasonal staffing, marketing or small capital improvements that translate into higher sales and improved customer experiences.
Details on eligibility criteria, application windows and disbursement timelines were not provided at the press conference. Residents and business owners are urged to monitor official Government of the Virgin Islands channels and local media, including Virgin Islands News Online, for updates and instructions on how to apply or be considered for the next round of grants.
The MSME Grant Programme remains one of the government’s key measures to support grassroots entrepreneurship and strengthen the local economy. As further particulars are released, BVI Live will provide timely coverage so small businesses can prepare to access available assistance.
Primary source: VINO