News & Press Releases


PRESS RELEASE: RTPARK APPROVES 10 COMPANIES TO DATE FOR FY2020 DESPITE COVID CHALLENGES

PRESS RELEASE: RTPARK APPROVES 10 COMPANIES TO DATE FOR FY2020 DESPITE COVID CHALLENGES
Published Tuesday, August 25, 2020

St. Croix, U.S. Virgin Islands August 25, 2020 - The Research and Technology Park (RTPark) announced the steady attraction and activation of new technology companies in the midst of COVID-19 pandemic with a total of 10 new firms reviewed and approved by its Board of Directors over the course of Fiscal Year 2020 thus far. Nine of the ten activated companies have been approved since March when the territory began their public response to the novel coronavirus disease. RTPark Executive Director & CEO Peter H. Chapman said that the organization’s team has been very aggressive in their business attraction efforts prior to and during the pandemic which has translated into the RTPark hitting key performance indicators and goals.

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PRESS RELEASE: U.S. VIRGIN ISLANDS RESEARCH & TECHNOLOGY PARK UNVEILS MANDATED DEVELOPMENT PROJECT

PRESS RELEASE: U.S. VIRGIN ISLANDS RESEARCH & TECHNOLOGY PARK UNVEILS MANDATED DEVELOPMENT PROJECT
Published Thursday, August 6, 2020

THE RTPARK IS PROUD TO ANNOUNCE ITS PROPOSED CONSTRUCTION OF THE VIRGIN ISLANDS TECH VILLAGE Saint Croix, U.S. Virgin Islands August 6, 2020 - 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 that created the RTPark back in 2002.

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IN THE NEWS: V.I. WOMEN OF COLOR SHARE THEIR EXPERIENCES IN EXPANDING TECH INDUSTRY

IN THE NEWS: V.I. WOMEN OF COLOR SHARE THEIR EXPERIENCES IN EXPANDING TECH INDUSTRY
Published Wednesday, July 8, 2020

Via The St. Thomas Source According to the Npower and CitiBank report “Breaking Through and Rising Up,” women of color make up less than 10 percent of the computing workforce in the United States.

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IN THE NEWS: RTPARK LAUNCHES NEW ACCELERATOR PROGRAM

IN THE NEWS: RTPARK LAUNCHES NEW ACCELERATOR PROGRAM
Published Wednesday, July 8, 2020

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.

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PRESS RELEASE: U.S. VIRGIN ISLANDS RESEARCH & TECHNOLOGY PARK ANNOUNCES SECOND COHORT OF ACCELERATE VI

PRESS RELEASE: U.S. VIRGIN ISLANDS RESEARCH & TECHNOLOGY PARK ANNOUNCES SECOND COHORT OF ACCELERATE VI
Published Wednesday, May 13, 2020

EIGHT TECHNOLOGY EMERGING COMPANIES SELECTED TO PARTICIPATE IN VIRTUAL STARTUP ACCELERATOR AND DEMO DAY Saint Croix, U.S. Virgin Islands May 13, 2020 - The Research and Technology Park (RTPark) has selected eight startups to participate in Cohort 2 of its business accelerator and demo day. The program, originally slated to take place at RTPark’s new coworking space in downtown Christiansted has been converted to a virtual curriculum designed to offer mentorship, guidance, advisory support, access to capital and an assortment of startup perks for the budding enterprises.

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APPLICATIONS NOW OPEN FOR SPRING 2020 COHORT OF ACCELERATE VI

APPLICATIONS NOW OPEN FOR SPRING 2020 COHORT OF ACCELERATE VI
Published Thursday, February 6, 2020

THE STARTUP ACCELERATOR AIMS TO BUILD A PIPELINE OF PROMISING EARLY-STARTUP COMPANIES AND PROVIDE THEM WITH THE TOOLS THEY NEED TO GROW AND SCALE FROM THE U.S. VIRGIN ISLANDS

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PRESS RELEASE: UVI MUSIC PROGRAM RECEIVES GENEROUS DONATION

PRESS RELEASE: UVI MUSIC PROGRAM RECEIVES GENEROUS DONATION
Published Thursday, November 14, 2019

UVI MUSIC PROGRAM RECEIVES GENEROUS DONATION The University of the Virgin Islands Music Program received a $30,000 donation from Intellectual Global Concepts USVI LLC during a formal check presentation in the Music Building, on the St. Thomas Campus, on Thursday Nov. 14.

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PRESS RELEASE: XINUOS ANNOUNCES RELOCATION OF ITS OPERATIONS TO THE U.S. VIRGIN ISLANDS

PRESS RELEASE: XINUOS ANNOUNCES RELOCATION OF ITS OPERATIONS TO THE U.S. VIRGIN ISLANDS
Published Tuesday, October 29, 2019

XINUOS ANNOUNCES RELOCATION OF ITS OPERATIONS TO THE U.S. VIRGIN ISLANDS Xinuos™, is pleased to confirm today its move to the U.S. Virgin Islands. The move, which occurred on May 21, 2019, is part of the company’s ambitious plans to build upon the legacy of its three proprietary operating systems, OpenServer 5, OpenServer 6 and UnixWare 7, to grow through significant investment in new products and services, and to optimize the ways in which it continues to serve and service its current global customer base.

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ACCELERATE VI, TERRITORY'S FIRST TECH ACCELERATOR PROGRAM, LAUNCHES WITH 2019 COHORT OF EIGHT STARTUPS

ACCELERATE VI, TERRITORY'S FIRST TECH ACCELERATOR PROGRAM, LAUNCHES WITH 2019 COHORT OF EIGHT STARTUPS
Published Wednesday, October 16, 2019

ACCELERATE VI, TERRITORY’S FIRST TECH ACCELERATOR PROGRAM, LAUNCHES WITH 2019 COHORT OF EIGHT STARTUPS 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 USVI Post Title Here...

PRESS RELEASE: CANE BAY PARTNERS CONGRATULATES RTPARK EFFORTS TO LEVERAGE INNOVATION FOR ECONOMIC GROWTH IN USVI Post Title Here...
Published Wednesday, October 16, 2019

CANE BAY PARTNERS CONGRATULATES RTPARK EFFORTS TO LEVERAGE INNOVATION FOR ECONOMIC GROWTH IN USVI 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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Client Testimonials

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

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