News & Press Releases

ACCELERATE VI, Territory’s First Tech Accelerator Program, Launches with 2019 Cohort of Eight Startups

Published Wednesday, October 16, 2019

The University of Virgin Islands Research and Technology Park (RTPark) is pleased to offer, ACCELERATE VI, a program targeted for local, high growth startup founders that will provide participating, early-stage companies tools to grow and scale in the U.S. Virgin Islands 

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PRESS RELEASE: Cane Bay Partners Congratulates RTPark Efforts to Leverage Innovation for Economic Growth in USV

Published Wednesday, October 16, 2019

The Research and Technology Park of the University of the Virgin Islands is leading the territory toward economic growth, technological advancement and innovation, and on Monday Cane Bay Partners VI LLLP congratulated them on their efforts while pledging its support.

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In the News: RTPark Launches New Accelerator Program

Published Monday, September 9, 2019

Starting a business can be difficult, especially for first-time business owners. In an effort to encourage the growth of the technology industry in the U.S. Virgin Islands, the University of the Virgin Islands Research and Technology Park, known as the RTPark, has initiated its first 12-week accelerator program geared towards start-up companies who may need support to help them grow.

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UVI RTPark Expands Global Footprint Through Partnership with International Accelerator, Brinc

Published Tuesday, August 6, 2019

The UVI Research and Technology Park (RTPark) announced on Tuesday its cross-promotion partnership with Brinc, an internationally recognized technology accelerator program, in an effort to build a global network of support for RTPark clients to tap into and expose international tech firms to the benefits and opportunities available in the Territory.  The partnership with Brinc represents the RTPark’s first win to emerge from their East Asia trade mission this past March.

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RTPark Partners with National Development Council to Expand Economic Development Opportunities in the Territory

Published Monday, July 8, 2019

The UVI Research and Technology Park (RTPark) announced on Monday that is has entered into a technical assistance contract with the National Development Council (NDC) to support, develop, and assist in the implementation of economic and community development programs, and also to prepare proposals to access the dollars necessary to expand access to capital for technology-based firms, as well as other businesses and projects that would strengthen the entrepreneurial ecosystem in the U.S. Virgin Islands.

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RTPARK Community Briefing Live Stream [VIDEO]

Published Thursday, June 20, 2019

In case you missed it:  The RTPark Community Briefings on both the islands of St. Thomas and St. Croix on June 13th and June 18th, respectively. Watch the live streamed event on St. Croix to learn more about the RTPark and its special programs to attract tech and knowledge-based business to the U.S. Virgin Islands.

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IN THE NEWS: RT Park Introduces New Programs and Staff to Community

Published Tuesday, June 18, 2019

Via The St. Croix Source: The new staff at the V.I. Research and Technology Park introduced two new programs, Tuesday to promote budding entrepreneurs and assist young Virgin Islanders with a technology background in finding jobs in the territory. [Read More]

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IN THE NEWS: RTPark Launches Accelerator Program To Help Startups and Expat Program to Attract Millennials Back Home

Published Thursday, June 13, 2019

Via The Virgin Islands Consortium: The Research and Technology Park, called the RT Park, has launched two programs aimed at advancing economic development in the U.S. Virgin Islands. The first, an accelerator program that provides help to tech startups in the territory, will launch later this year with six companies, five of which are locally-owned. [Read more]

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Client Testimonials

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

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

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