University of Virgin Islands

UVI Research and Technology Park

If you’re looking to start or expand your business, you know how critical the choice of a location and business partners can be. Time-to-market advantage is crucial, and your economic development partner needs to be ready to help you accelerate your business objectives. That’s why there’s no better time to bring your business to the USVI.

In general, we’re looking for community-driven businesses engaged in:
  • Development, commercialization or licensing of information technology (IT)-based products and services
  • Businesses driven by IT
  • E-commerce
  • Creation, use, distribution or management of digital content
  • Technologies related to UVI’s mission
More specifically, we are seeking Knowledge-Based Businesses including:
  • e-Commerce businesses hosted on servers located in the USVI; for example, businesses that create, use, license, distribute and/or manage software or other digital content
  • RTPark support businesses
  • Businesses requiring specialized personnel skilled in research and/or science, and/or access to UVI faculty and/or curriculum (including for workforce development)
  • Other businesses whose utilization of communications networks is central to, rather than incidental to, the business

All applications for tenancy and/or financial incentives in the USVI that qualify as one of the Knowledge-Based Businesses listed above, other than a financial services company such as a hedge fund manager, must be made through RTPark, under the terms of an agreement executed by RTPark and our sister agency, the USVI Economic Development Authority.

Within these pages, you’ll learn how we can serve you as a strategic partner, tenant, or even an “early-adopter tenant” of RTPark. Tenants are locally-domiciled businesses with missions closely aligned to RTPark’s and for which territorial corporate tax incentives may be available from RTPark, or in certain cases where we make a direct referral, from the USVI Economic Development Authority through its Economic Development Commission (EDC) program. Strategic partners are tenants who are also co-investors with RTPark in a variety of specific infrastructure initiatives and act as channel partners in our outreach to other prospective tenants. Early-adopter tenants are generally early-stage or prototypical businesses which can demonstrate proof of concept for various RTPark services and solutions.

Recent Events

• May 28, 2008 - Board Highlights: building project schematic design phase report (preliminary $9.1 million updated estimate); RTPark forms division to serve as “master marketing entity” for managing business development channels.
• April 18/May 1, 2008 – Board Highlights: FY2009 $1.9 million budget approved; RTPark-EDA MOU and Agreement ratified; Baltimore Technology Park/Adveniat Due Diligence report accepted; Protected Cell application processes approved, Tropical Tower Strategic Alliance Agreement ratified pending prerequisites.

Featured News

• May 20, 2008 – Press Release: RTPark announces availability of carrier-neutral cross-connections