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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 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.
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.
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.