Fueling Sustainable Innovation: Discover The RTPark's Growing Tech Hub in the U.S. Virgin Islands


Welcome to the Virgin Islands Research and Technology Park (RTPark), where sustainable innovation meets strategic growth. As a specialized economic development organization, we drive investment and diversify the U.S. Virgin Islands' regional economy.

The RTPark has targeted several under-explored technology and knowledge-based sectors within the region. Our focus is on companies working in Health and Medicine, Software Solutions, Sustainability Solutions, and Financial Technology, and have expanded our outreach to connect with technology focused companies in numerous other sectors.

Explore unique opportunities in our Energy, Research, and System Development sector, focusing on renewable energy, blue bioeconomy, and sustainable agriculture.

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Who We Are

Innovation in Paradise

The Virgin Islands Research and Technology Park (RTPark) is a specialized economic development organization (EDO) designed to drive investment and diversify the regional economy in the U.S. Virgin Islands by offering a unique incentive program, providing technical services to growing businesses in the technology sector and promoting the environmental/geographic advantages of the region.

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EXPAND YOUR HORIZONS

RTPark's Unique Business Advantages in the USVI

The RTPark, which operates as a Protected Cell Corporation and an autonomous instrument of the U.S.V.I. Government offers numerous tax exemptions and reductions to our clients, the most notable of which is a 90% reduction on tax liability for the business and also for the owners and beneficiaries if the owners are bona- fide residents of the USVI.

Discover the Financial Benefits Unlocked in the US Virgin Islands

  • 90% reduction in income tax liability
  • Exemption on taxes on real property
  • Exemption from USVI gross receipts taxes
  • Exemption from excise taxes on various materials
  • Reduction in customs duties
  • Withholding tax exemptions and reductions
  • Tax benefits extend to direct and indirect owners
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What We Do

We believe in strategically expanding opportunities that cultivate the growing tech ecosystem of the U.S. Virgin Islands.

Mature Business Attraction
A targeted and sophisticated business development program, featuring a variety of unique tax incentives, designed for future growth and dynamism.
Real Estate & Infrastructure Development
The creation of new real estate facilities that support tech talent and the growth of companies in our target industry sectors.
Capital Financing
A source of patient, flexible financing for business ventures and real estate (re)development projects that elevate entrepreneurship and enhance the USVI's appeal for impactful economic development opportunities.
Workforce Development
We support numerous workforce development programs, including the recruitment of members of the USVI diaspora; STEM education, training, and upskilling programs for youths and adults.
Entrepreneurship Support
The key to a sustainable business climate is empowering early-stage startups, investing and cultivating local entrepreneurs with big ideas and through mentorship, structured programming,, starting capital and access to office space.

Strategic Location for Economic Opportunity

Why the U.S. Virgin Islands?

Nestled between the Caribbean Sea and the North Atlantic Ocean, the U.S. Virgin Islands (USVI) presents an unparalleled opportunity for businesses in renewable energy, blue bioeconomy, and sustainable agriculture.

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Unleashing Nature's Power

Experience 12+ hours of daily sunlight, fostering optimal conditions for solar energy innovation. Embrace consistent and favorable wind speeds, supporting wind energy endeavors. Benefit from a robust infrastructure committed to the development of sustainable towns and communities.

Blue Horizons Await

Immerse your business in a pristine ocean environment, facilitating ethical biotechnological advancements. Contribute to the protection of ocean systems, creating a responsible and eco-friendly business atmosphere. Tap into the abundance of aquatic biomass for commercial use, fostering a dynamic blue bioeconomy.

Cultivating Tomorrow

Utilize fertile land and a favorable climate, promoting innovation in farming practices. Leverage research and development support for agricultural biotechnology. Contribute to the preservation of local resources, reducing reliance on external agricultural imports. Explore opportunities to create sustainable practices and infrastructure in agriculture.

Through the RTPark, discover the USVI--where the natural elements harmonize with your business goals, creating an ecosystem primed for innovation and success.

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Blue Bioeconomy & Biotechnology

  • Clean Water Production
  • Affordable and Clean Energy
  • Ocean System Protection
  • Commercial Use of Aquatic Biomass
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Renewable Solar & Wind Energy

  • Energy Innovation
  • Sustainable Towns and Communities
  • Climate Change Mitigation
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Sustainable Agriculture Technology

  • Farming Innovations
  • Agricultural Biotechnology
  • Local Resource Protection
  • Reduced Agricultural Imports Reliance

Ready to Drive Sustainable Innovation? Connect with Us.

Learn More About the RTPark's Comprehensive Economic Resources.