Aliyah Boston Company Asks for EDC Benefits

A company formed by Aliyah Boston and family asked the Virgin Islands Economic Development Commission for tax incentives Tuesday, saying their sports management company would do more than bring in off-island money but also teach financial literacy and life skills to youth in the territory.

WNBA star Boston and her mother, Cleone Boston, introduced their company, Parach Resource Management, LLC, which would both manage Boston’s merchandising and other financial matters and engage up-and-coming athletes on and off island who may reach the professional level.

The Bostons’ presentation to the EDC was heavily weighted toward their religious and child-rearing convictions and only briefly touched on Parach Resource Management’s financial plans. Parach, they said, was a Hebrew word meaning to blossom or break forth and flourish. The Bostons hoped centering their company around the word would signal a mission to help young people gain financial literacy, engage with their community, and balance scholastic and sports achievements.