the premier business destination of choice for firms in knowledge and technology-intensive sectors.   

The US Virgin Islands is an investment destination that provides access to affordable, reliable, world-class technological infrastructure; a sound legal framework that is favorable to inward investment; and impeccable governance systems that are business-friendly.  The RTPark is proud to be an instrumental part of diversifying the regional economy and growing the tech ecosystem in an area advantageously located between the mainland US and Latin America.

 

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Our Featured News Articles

The USVI Research and Technology Park Receives EDO of the Year Award from the International Economic Development Council

The U.S. Virgin Islands Research and Technology Park Corporation (RTPark) – an independent affiliate of the University of the Virgin Islands—this week received the International Economic Development Council’s Economic Development Organization (EDO) of the Year award.  The honor was presented at an awards ceremony during the IEDC Annual Conference, which gathers over 1,400 economic development professionals from around the country.

PRESS RELEASE: U.S. Virgin Islands Research & Technology Park Unveils Mandated Development Project

The Research and Technology Park (RTPark) is proud to announce its proposed construction of the Virgin Islands Tech Village in Estate Lower Love, in accordance with the legislative mandate of promoting sustainable economic development. The Virgin Islands Tech Village will consist of 60 units of residential housing, 10,500 square feet of commercial space, a 120 room teaching hotel, a 300-person capacity conference center, and a solar microgrid. It will include significant agricultural investment, with 60 percent of the land dedicated to agricultural use, ranging from farming to innovative programs and agribusiness development.

Client Testimonials

In January 2012 my business was underway as a Tech Park entity. It has been a wonderful seven years. The Tech Park has always been supportive, easy to do business with, and is making a positive impact on the islands. The Tech Park organization is professional and efficient. They have created a friendly business environment that has been a pleasure to work within and a great experience overall. I would encourage any eligible entity to consider joining us in the Tech Park.

Louise Stapleton, LNL Publishing

There are many unique treasures to living here. I’ve discovered a passion for mountain biking. My children have learned to sail. With a small community, you get to know people quickly. We found they went out of their way to make us feel welcome. When considering the move, a top concern was the children’s education. We found a quality school our kids love, with a dedicated faculty. In fairness there is an adjustment period. You learn to navigate island life, master shipping logistics, get to know a new culture, and take in some of the most beautiful ocean views in the world.

David Thompson, Exigo

Our firm, The RainTree Group, came into the UVI RT Park program in 2018.  We didn't have much experience in the USVI and followed the advice of the wonderful RT Park staff and other RT Park tenants.  The application process was transparent and straightforward.   The simple concept of the Park is mutual benefit - your company gets some tax incentives that allows you to grow your business more quickly and the USVI and UVI gets additional tax base, employment opportunities, and scholarships for deserving students.  The business environment and life in the USVI is slower paces and less stressful as the mainland, and without question the biggest business hurdle is communications, so find an office location where you have investigated the broadband options. Come and join us, you won't regret it!

James Salter, VosCom dba The RainTree Group

We have been part of the RT-Park program for almost three years now.  The application process was straight forward and we had plenty of dialogue and feedback prior to our approval.  My only regret is we didn’t do this sooner.  It is satisfying  knowing that we are partners with UVI and enabling the education of the next generation .  We also love living in the USVI.  People are warm and welcoming and the pace of life is amazing healthy.  Most days it feels like a working vacation.

Andy Hemmert, President , HRMT, LLC