The 2020 KickStart BVI Small Business Loan Initial Assessment Form
STEP 1 The Initial Assessment Form.

Filling in this form is the FIRST STEP in the KickStart BVI Small Business Loan application process. Please take the time to fill it in thoroughly and be sure to submit it no later than Sept 23rd, 2020. All of your information will be kept commercially confidential.
Email address *
We are really excited to hear more about your idea...
Application Eligibility Criteria
For loans of 5k or less, applicant/business must meet the following criteria:

1. Be over 18 years
2. Hold a valid BVI trade licence (We will accept applications from individuals who are in the process of applying for a trade license however they must understand that even if they are approved for a loan through the Kickstart Loan Programme disbursement of the loan is contingent on them having a valid trade license to operate in the BVI)
3. Have limited access to financing (For entrepreneurs who are unable to attain a loan from a bank or any other means of financial support)
4. Have operated a business or worked in a senior position operating a business for over a year
5. Business operates with ethical practices that take the welfare of both people and planet into careful consideration
6. Demonstrate a viable business plan complete with financial planning/forecasting
7. Contribute positively to the BVI economy post Hurricane Irma and Covid-19 (in-line with Government: Stronger, Smarter, Greener, Better)
8. Demonstrate a plan for how they will incorporate a "Business as a Force for Good" Approach*.

* Unite BVI’s definition of businesses that have a ‘Force for Good Approach’ are those that:
- Actively address challenges being faced by the community or environment with sustainable business-based solutions
- Incentivise their employees to ‘give back’ to their communities/the environment
- Provide ‘in-kind’ services to local charities, community groups and ‘good causes’
- Have strong ‘Social Corporate Responsibility’ strategies
- Operate with ethical practices that take the welfare of both people and planet into careful consideration.

For loans of more than 5K (25K max), in addition to all of the above criteria, applicant/business must also:

9. Demonstrate that their business will DIRECTLY be solving a challenge facing the environment and/or communities with a business-based solution and that a percentage of the business’s profits will be re-investing into scaling the social impact enterprise. The resulting positive lasting impact should be on either preserving or rehabilitating the natural environment of the BVI and/or enriching the lives of those living within the communities of the BVI by addressing a social welfare or public health need.

10. Demonstrate strong business viability in the current business climate (Submit a business plan complete with financial planning/forecasting that demonstrates scalability of the social impact enterprise)
Your Full Name *
Business Name and Description *
In 5 sentences or less summarise your business/business concept
Website (if available)
Phone *
How old are you? *
Where were you born? *
How many years have you lived in the BVI? *
Is your KickStart BVI Loan request for a start up idea or an expansion of an already existing business? *
How much money would you like to loan? *
Have you ever applied for a loan? If so, were you approved or denied? Please briefly describe what your journey for requesting funding has been like? *
Please briefly describe how your business helps to solve a challenge facing the environment and/or community with a business-based solution ? *
What statement best describes your current business status: *
Required
Tell us why your business is such a great idea... *
Where is (or will be) the primary location of your business? *
Do you have a valid trade licence? *
Required
Are you working right now?
Clear selection
What is your total annual household income? *
What are your assets that could be used as collateral? (We won't make you put them down as collateral but it is helpful for us to know what they are when assessing providing a loan) *
The following best describes my professional experience... *
I understand the term "Financial Forecasting" and have done financial planning for my business... *
I have developed and written down a business plan *
Please check all of the below that apply to your business: *
Required
Please briefly describe how your business does/will contribute positively to the BVI economy post Hurricane Irma and Covid-19 (in-line with Government: Stronger, Smarter, Greener, Better)...
I have thought about and understand what it means to ensure that my business operates with "ethical practices that take the welfare of both people and planet into careful consideration" *
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