University of the Virgin Islands Research and Technology Park

The University of the Virgin Islands Research and Technology Park (RTPark)[1] is the first independent research and e-technology park located in the U.S. Virgin Islands (USVI).

Overview

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RTPark was launched in 2002, under the legislature of Title 17, Chapters 34 and 43 of the U.S. Virgin Islands Code.[2], It was the first government-sponsored public-private collaboration for technology development in the USVI. It was formed as a public corporation by the government of the U.S. Virgin Islands and is headquartered on the St. Croix campus of the University of the Virgin Islands.[3] It was launched following a feasibility study and public input forums. After considering the reports from the study and forum, Governor Charles Wesley Turnbull[4] signed Act 6502 to establish RTPark in 2002. It was created as a public corporation via a Protected Cell Corporation function. As part of RTPark's legislative charter, tax incentives can be extended to knowledge-based businesses that apply and are approved as RTPark tenants.

Management and governance

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The executive director, Peter Chapman, manages operations and reports to a seven-member Board of Directors. The Board members include:

  • The Chair of the University of the Virgin Islands (UVI) Board of Trustees [3]
  • The President of UVI
  • Two additional UVI Board of Trustees members
  • Three members appointed by the Governor of the U.S. Virgin Islands

References

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  1. ^ University of the Virgin Islands Research and Technology Park official website
  2. ^ "U.S. Virgin Islands code".
  3. ^ a b "Campus". uvi.edu.
  4. ^ "Website for the Governor of the U.S. Virgin Islands". Archived from the original on 2015-02-16. Retrieved 2015-02-16.
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17°43′10.42″N 64°48′0.31″W / 17.7195611°N 64.8000861°W / 17.7195611; -64.8000861