Report on program impact

17 V.I.C. § 490L — under University of the Virgin Islands Research and Technology Park.

17 V.I.C. § 490L

(1) On or before July 1 of each year, the Executive Director shall prepare and submit to the Governor of the Virgin Islands and the President of the Legislature a report containing VI Catalyst Revolving Loan Fund Program activity for the preceding fiscal year ending September 30th, which must include, without limitation:(1) The number of applications for loans submitted to the Loan Committee;(2) The number of applications for loans approved by the Committee;(3) The amount of loans awarded from the Catalyst Fund;(4) A listing of each loan awarded during the preceding calendar year, including the name of the business located at the project, a description of the project, the term of the loan, and the liability under the loan;(5) An update on the status of projects under loans awarded before the preceding calendar year;(6) The number of businesses created or expanded in this Territory, or relocated to the Territory, because of loans from the Catalyst Fund;(7) The number of jobs created or saved in the Territory because of loans from the Catalyst Fund;(8) The environmental impact of businesses and projects with respect to which loans have been awarded;(9) The geographic distribution of loans, by number and amount, awarded under the program; and(10) The amount of all grants, gifts, and donations of money to the Catalyst Fund applied for and accepted from public and private sources.

(1) The number of applications for loans submitted to the Loan Committee;

(2) The number of applications for loans approved by the Committee;

(3) The amount of loans awarded from the Catalyst Fund;

(4) A listing of each loan awarded during the preceding calendar year, including the name of the business located at the project, a description of the project, the term of the loan, and the liability under the loan;

(5) An update on the status of projects under loans awarded before the preceding calendar year;

(6) The number of businesses created or expanded in this Territory, or relocated to the Territory, because of loans from the Catalyst Fund;

(7) The number of jobs created or saved in the Territory because of loans from the Catalyst Fund;

(8) The environmental impact of businesses and projects with respect to which loans have been awarded;

(9) The geographic distribution of loans, by number and amount, awarded under the program; and

(10) The amount of all grants, gifts, and donations of money to the Catalyst Fund applied for and accepted from public and private sources.