Not goodbye, but see you later!

Posted by: RTPark on Tuesday, September 1, 2020

The RTPark has taken on exciting new projects this summer. We saw the growth of the second cohort of Accelerate VI participants over nine weeks, we launched the VI Stem Kids program in partnership with the Caribbean Center for Boys and Girls, we grew the pipeline of business attraction partners to continue developing a tech ecosystem, and we initiated the Tech Village project, just to name a few. All of these efforts support the RTPark’s mission to develop current and future talent in the USVI and build a resilient tech ecosystem. We’d like to use the final blog post for the summer to discuss the RTPark’s vision for the future.

Due to recent challenges faced in the Territory, and the world, as a result of the COVID-19 pandemic, we are more dedicated now than ever to developing and maintaining economic resilience for people in the USVI. Brookings reported the pandemic resulted in the highest ever unemployment since the Great Depression. By May 22nd, the pandemic led more than 40 million people to file for unemployment in the mainland US alone. While the USVI had relatively few cases of the virus compared to the mainland US, the Territory’s economic dependency on a few niche industries makes us more susceptible to the financial shocks that typically accompany tragic world events like COVID-19. To aid in bolstering our economy, the RTPark will continue to nurture an adaptable workforce with a diverse skill set.

Beyond the pandemic, the drastic weather changes and dangerous hurricanes show us the importance of remote and highly technical work. By developing a workforce that can do more remote work, we can mitigate the job losses that typically occur due to these sudden disasters.

In addition to the added resiliency we gain from a diversified economy, cultivating a thriving tech ecosystem opens up vast and exciting opportunities for the USVI. Data and technology play an increasing role in our day-to-day lives and in the global economy. All Virgin Islanders can be a part of this innovative and creative industry without leaving the territory. The USVI has the opportunity to create its own unique version of the tech industry, and the RTPark is working tirelessly to help support and develop it to be successful.  

Thank you for enjoying these posts with us this summer. If you want to participate in any of the RTPark’s programs or learn more about the work that we’re doing, please reach out at info@uvirtpark.net. We look forward to hearing from you!

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

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

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