Via The Virgin Islands Daily News
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.
The RTPark was established in 2002 and secured its first client in 2006. Leaders at UVI, working closely with members of the Legislature and the private sector, aimed to create a platform for diversifying the USVI economy and for stimulating growth and economic development. Headquartered on St. Croix, the RTPark presently has 59 clients in the program, operating on all three islands. [Read the full story at the Virgin Islands Daily News]