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UVI RTPark Has 10 New Tax-Break Recipients

The University of the Virgin Islands Research and Technology Park announced Monday it has contracted 10 new companies to give tax breaks to, in exchange for some cooperation and work with UVI.
The Preserve at Botany Bay entrance. (Botany Bay Facebook page)

Botany Bay Resort Gets V.I. Tax Breaks

The V.I. Economic Development Authority board unanimously approved a tax break application from By-the-Sea Resort Properties LLC on May 7 to open a new 68-key independent boutique resort within the 397-acre enclave of The Preserve at Botany Bay.
Peter Chapman addresses the Business Attraction Summit at the Buccaneer Resort. (Photo provided by the Research and Technology Park)

RT Park Summit Draws Potential Investors to St. Croix

For three days this month, more than 130 technology business owners, government officials and local stakeholders gathered on St. Croix to attend a business summit presented by the University of the Virgin Islands' Research and Technology Park.
Economic Development Authority CEO Kamal Latham responds to questions from the Finance Committee Monday. (Photo by Barry Leerdam, USVI Legislature)

Senate Considering Bill to Tighten and Clarify EDC Tax Break Rules

The Economic Development Authority’s Chief Executive Officer Kamal Latham on Monday told the Senate Finance Committee that the EDA's board remained neutral to parts of proposed legislation affecting the agency.

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