Business

ACCELERATE VI, Territory’s First Tech Accelerator Program, Launches with 2019 Cohort of Eight Startups

The University of Virgin Islands Research and Technology Park (RTPark) announced Tuesday ACCELERATE VI, a program targeted for local, high-growth startup founders that will provide participating, early-stage companies tools to grow and scale in the U.S. Virgin Islands ACCELERATE VI is the RTPark’s initiative to develop and attract young technology firms through a three-month, intensive business acceleration program, RTPark said.  Accelerator participants will work in a supportive atmosphere amongst peers, instructors, and invited guests. The program is designed to develop the muscle-memory necessary to perform confidently and swiftly in the context of high-risk, high-reward decisions. According to the release, ACCELERATE VI, the first initiative of its kind in the territory, will complement and support the overall mission of the RTPark to grow and attract technology firms in order to build a more resilient economy for the territory. More specifically, the goal of ACCELERATE VI is to fo...