Summary – EDC Decision Meeting 20260319
1 Virgin Islands Economic Development Commission Decision Meeting of Thursday, March 19, 2026 Summary Report During the Virgin Islands Economic Development Commission (“VIEDC”) Decision Meeting on Thursday, Marc h 19, 2026, the Governing Board heard recommendations from the VIEDC Team regarding two (2) application matters and voted as follows: Regular Session: ➢ Action Items: • Applications: A. Commodore Concierge Nurse Management, LLP – Name Change On December 18, 2025, the Governing Board of the Virgin Islands Economic Development Commission (“VIEDC”) approved a grant of incentives to Commodore Concierge Nurse Management LLP (“Commodore”) to own and operate a Category IV - Designated Services Business for its provision of business management and consulting services, including operational and strategic consulting services, accounting and finance services, administrative, compliance, and back-office services, and family office services. Commodore also reinvests for its own account. All of Commodore’s clients are located outside the USVI. Commodore is located on the island of St. …
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1 Virgin Islands Economic Development Commission Decision Meeting of Thursday, March 19, 2026 Summary Report During the Virgin Islands Economic Development Commission (“VIEDC”) Decision Meeting on Thursday, Marc h 19, 2026, the Governing Board heard recommendations from the VIEDC Team regarding two (2) application matters and voted as follows: Regular Session: ➢ Action Items: • Applications: A. Commodore Concierge Nurse Management, LLP – Name Change On December 18, 2025, the Governing Board of the Virgin Islands Economic Development Commission (“VIEDC”) approved a grant of incentives to Commodore Concierge Nurse Management LLP (“Commodore”) to own and operate a Category IV - Designated Services Business for its provision of business management and consulting services, including operational and strategic consulting services, accounting and finance services, administrative, compliance, and back-office services, and family office services. Commodore also reinvests for its own account. All of Commodore’s clients are located outside the USVI. Commodore is located on the island of St. Thomas. By letter dated December 1, 2025, CCNM submitted a petition to request a change in its ownership structure. The Governing Board voted (5 – 0) to: 1. Acknowledge the name change from Commodore Concierge Nurse Management LLP to Commodore Concierge Management, LLP. 2. Require a revised VIEDC Board Approval Letter to Commodore Concierge Management LLP to reflect said name change. 3. Require the terms and provisions of the Grant of Incentives approved by VIEDC at the Decision Meeting on December 18, 2025 to remain in full force and effect. B. Bloom Analytics, LLLP – Admission of Partners On October 10, 2024, the Governing Board of the Virgin Islands Economic Development Commission (“VIEDC”) approved a grant of incentives to Bloom Analytics, LLLP (“Bloom Analytics”) to own and operate a Category IV - Designated Services Business. Bloom Analytics will serve primarily as a full-service consulting, ideation, development and management firm offering a full suite of analytics, marketing, and consulting solutions/services to lenders, financial technology (“fintech”) and embedded finance companies. Bloom Analytics is located on the island of St. Thomas. By letter dated December 1, 2025, Bloom Analytics submitted a petition to request a change in its ownership structure. The Governing Board voted (5 – 0) to: 1. Acknowledge and approve the change in ownership of Bloom Analytics pursuant to 29V.I.C. §714(b) with the admission of the two (2) new members: (1) JAMES 2 WHATLEY, who holds a three percent (3.0%) interest in the Class B units of Bloom Analytics through his wholly owned entity, DaraCapital, LLC; and (2) AJAY JINDIA, who holds a one and a half percent (1.5%) interest in the Class Bunits of Bloom Analytics through his wholly owned entity, Lagniappe Ventures, LLC, which is in turn wholly owned by Gris Gris Capital, LLC. 2. Require the admission of JJAMES WHATLEY and AJAY JINDIA be effective January 1, 2025. 3. Require the Certificate of tax incentives to reflect the admission of two (2) new partners, James Whatley, and Ajay Jindia. C. Historic Heritage Holdings, LLP – Reconsideration On July 10, 2025, the Governing Board of the Virgin Islands Economic Development Commission (“VIEDC”) approved a grant of incentives to DV USVI Investment LLLP (“DV USVI”) own and operate a Category III hotel/guesthouse. DV USVI shall own, construct and develop a boutique hotel and amenities normally associated with a hotel to be located on Estate Smith Bay property St. Thomas, USVI. DV USVI is located on the island of St. John. On January 22, 2026, Historic Heritage submitted another petition to reconsider VIEDC Governing Board’s decision based on change in material fact in accordance with VIRR 717-403. The Governing Board voted (5 – 0) to: 1. Find Historic Heritage’s has sufficiently established grounds for reconsideration of VIEDC’s July 10, 2025 decision pursuant to V.I.R.R. 717-403a(1) on grounds that “[t]here has been a change in material fact or in applicable law which change occurred after the public hearing;” and 2. Postpone a decision on the merits of the petition, to rehear this matter at Public Hearing, and take such appropriate action as authorized by law and rules and regulations to decide this matter within 45 calendar days the applicable timeframe set forth in V.I.R.R. 717-404.