News Articles

RTPark Community Impact Fund Earns Prestigious International Gold Award for Innovative Financing. The CIF's VI LEAP Fund Recognized for Advancing Equitable Access to Capital and Strengthening Small Businesses Across the U.S. Virgin Islands ST. CROIX, U.S. VIRGIN ISLANDS — October 26, 2026 — The RTPark Community Impact Fund (CIF) has earned international recognition for its innovative approach to community financing and economic development, receiving the 2026 Gold Excell

FOR IMMEDIATE RELEASE Oct. 20, 2026 U.S. VIRGIN ISLANDS — Hundreds of people attended the opening day of Governor Albert Bryan Jr.’s 2026 Workforce Development Summit Tuesday at Caribbean Cinemas on St. Croix, beginning a series of events focused on preparing Virgin Islanders for changing job demands and connecting education and training with employers’ needs. Under the theme “Upskilling and Educating for Today’s Challenges,” the summit brings together employers, educa

PRESS RELEASE FOR IMMEDIATE RELEASE CHRISTIANSTED, ST. CROIX, U.S. VIRGIN ISLANDS – October 19, 2026 ST. CROIX, U.S. VIRGIN ISLANDS — The RTPark Community Impact Fund (CIF) is pleased to announce the return of its Crucian Christmas Festival Microloan Program for a second consecutive year. Beginning October 19, 2026, eligible entrepreneurs and small businesses preparing for the upcoming Crucian Christmas Festival can apply for microloans ranging from $5,000 to $15,000.

Governor’s Digital Conference to Advance Vision for a More Modern, Connected Virgin Islands Three-day conference will focus on artificial intelligence, cybersecurity, workforce development, data and improving the delivery of government services U.S. VIRGIN ISLANDS — Governor Albert Bryan Jr. will convene government leaders, technology partners and industry professionals October 7–9 for the Governor’s Digital Conference 2026, a three-day gathering focused on using techno

Governor Bryan Announces New Financial District Initiative for St. Croix “3rd Wall Street” initiative aims to position St. Croix as a regional hub for capital markets, financial services and investment U.S. VIRGIN ISLANDS — Governor Albert Bryan Jr. announced plans for the development of the CASE Capital Markets–3rd Wall Street Financial District Hub and Alexander Hamilton Global Financial Centers, an initiative designed to establish St. Croix as a new center for capital

A.J. Pike USVI - A financial shock can make life feel smaller overnight. One day the budget is tight but workable. The next, a layoff notice arrives, the car needs major repairs, or a medical bill lands in the mailbox with a balance that feels impossible. When money stress hits, it can affect more than a bank account. Sleep gets lighter. Patience gets shorter. Small choices feel heavy. It is easy to feel ashamed, even when the problem came from circumstances outside your cont

A.J. Pike St. Croix - A fraud alert from a trusted bank is not just a warning about someone else’s problem. It is a reminder that scammers often sound polished, urgent, and convincing enough to fool careful people. The recent fraud awareness alert issued by the Bank of St. Croix highlights a growing risk for account holders: imposter scams and bank impersonation attempts. These schemes often start with a phone call, text message, email, or pop-up that appears to come from a r

A.J. Pike St. Croix - Six awards from a leading economic development organization do more than fill a trophy case. They signal that a place has built systems that work, partnerships that last, and programs that help people and businesses grow. That is why UVI RTPark’s achievement of six IEDC Excellence Awards is a major milestone for the University of the Virgin Islands Research and Technology Park, the U.S. Virgin Islands, and the broader community it serves. The recognition

A.J. Pike St. Croix - The University of the Virgin Islands Research and Technology Park (UVI RTPark) continues to grow as a hub for innovation and entrepreneurship in the Caribbean. Recent announcements highlight new opportunities, partnerships, and initiatives designed to support startups, attract investment, and foster economic development in the region. This post shares the latest updates from UVI RTPark and explains how these developments can benefit entrepreneurs, invest

Axel Dash St. Croix - Flamboyant Water, a St. Croix based beverage company has recently raised $1.3 million through a joint venture with U.S. ready-to-drink cocktail producer Top Dog Cocktails. This marks the company’s first external funding since its 2024 founding by Modern Caribbean LLC. Modern Caribbean was founded by UVI graduate Michael Pemberton and investment banker Les Hollis. Caribbean-born Chelsea Williams is co-founder and director of Flamboyant Water. The in

M.A. Dworkin USVI - Big money comes. Big money goes. But when it leaves a major hole in a Territory’s finances it could upend your financial planning, and so you have to sit up straight in your seat and take notice of why the big bucks went flying out the door. The departure from the U.S. Virgin Islands of two high-net-worth individuals will cost the Territory an estimated $35 million to $40 million in income tax revenue this year. Bureau of Internal Revenue (BIR) Dire

M.A. Dworkin St. Croix - Water Spirit Freight Services, the St. Croix based cargo carrier that provides island to island services between St. Croix, St. Thomas, Old San Juan, Puerto Rico and Tortola, BVI, has been given the all clear to resume cargo operations at Pier 14 in Old San Juan. Given the conflicting problems with cruise ship dockings at Pier 10, the company has moved operations to Pier 14. Due to operational limitations at Pier 14, where it has been decided t