University of Virgin Islands
About RTPark

History

Mission Statement

About RTPark

Caribbean economies, including the USVI, have a long-standing track record and vested interest in economic development. Historically known as crossroads for tourism, agriculture, and trade, island territories and nations look to leverage local and regional strengths to respond to the demands and opportunities of today’s increasingly globalized marketplace. The USVI’s geographic location and status under the American flag led to the establishment of world-class submarine fiber switching facilities here, and these facilities now collectively represent one of the largest concentrations of bandwidth in the western hemisphere. In a very real sense, global e-commerce depends on the fiber assets which make landfall in the USVI.

To take advantage of these assets, RTPark was chartered in 2002 by the USVI government to foster the development of globally-facing knowledge-based, e-commerce, and digital content companies within the USVI. RTPark is comprised of two entities: the University of the Virgin Islands Research and Technology Park Corporation, our principal operating unit, and our subsidiary unit the Research and Technology Park Protected Cell Corporation, which holds and can extend to qualifying tenants and strategic partners generous corporate tax incentives aligned to guidance issued by the US Treasury Department. We offer tenants and strategic partners a variety of key commercial benefits as well: 64 West, our point of presence and collocation data center inside a fiber landing facility in the USVI; and the ability to engage RTPark, an instrumentality of the USVI government and affiliate of UVI, as a strategic partner.

Our mission spans all of the USVI with heightened focus on the island of St. Croix. The largest of the Virgin Islands, St. Croix hosts the most robust global fiber network connectivity in the USVI and offers diverse development opportunities for your business. In addition, we are now developing a new headquarters facility incorporating sustainable design techniques, utilizing technology park concepts used successfully in over 200 North American communities, to help businesses leverage academic and workforce development resources.