UNDERSTANDING DIFFERENCES BETWEEN DEBT & EQUITY

As a small business owner, Melba manufactures homemade all-natural fruit and vegetable punches and currently sells them to two health stores in her local community.  Increased demand for her product has encouraged her to expand her business to ramp up distribution to include a popular supermarket chain. In order to do so, Melba requires capital…

Product Pricing strategies and tactics

In the world of business, pricing is a very important component of marketing. This is because the pricing of your product can either make or break your business. Learning how to create a competitive product pricing strategy is crucial, especially if the goal of your marketing plan is to increase market share and survive in…

Completion of Cycle Six CARIRI Business Hatchery Programme

Congratulation to the graduates of Cycle 6 CARIRI’s Business Hatchery Programme! On July 16th 2016, a diverse group of entrepreneurs and business start-ups completed the CARIRI Business Hatchery Programme. The graduates all agreed that the knowledge gained from the programme will enhance the viability of their respective businesses.  They also expressed that they had a…

New Service Alert from CARIRI

On Thursday 7th July 2016, the Caribbean Industrial Research Institute (CARIRI) launched a new initiative, an Information and Communication Technology (ICT) Help Desk for Micro Small and Medium-Sized Enterprises (MSMEs) called CARISupport.  Born out of an InterAmerican Development Bank (IDB) project that CARIRI has been executing for the past four years which involved MSMEs, CARIRI…

Moving Into the Future with ICT

As part of its ongoing efforts to build capacity in ICT, the Institute, in collaboration with some of its valuable partners like the Chaguanas Chamber of Industry and Commerce hosted a session on Wednesday 25th May 2016 that highlighted the need to utilize ICT in the ‘new’ economy.  This session showcased software that can be accessed…

BOPP Project

Background The Caribbean Industrial Research Institute (CARIRI) under the sponsorship of the Green Fund Unit of the Ministry of Planning and Development, Government of the Republic of Trinidad and Tobago (GORTT) undertook a study to develop an eco-friendly and cost-effective intervention for the biodegradation of organophosphate pesticides in agricultural soil using the indigenous bacteria. The…

Let CARIRI help you clear the air

Date: Wednesday 1st June 2016 Venue: CARIRI’s Centre for Enterprise Development (CED), Innovation Avenue, Freeport The Caribbean Industrial Research Institute’s (CARIRI’s) Air Quality Management Services (AQMS) unit in collaboration with the Ministry of Health recently hosted an information session entitled, “Let CARIRI help you clear the air” at CARIRI’s Centre for Enterprise Development, Innovation Avenue, Freeport…

Quality in Construction

The Caribbean Industrial Research Institute’s (CARIRI’s) Industrial Materials – Civil Unit held their first session for the year on Tuesday 12th April 2016 and was aptly named “Quality in Construction”.  The session was held at the Centre for Enterprise Development in Freeport and was attended by a wide cross-section of persons who actively work in…

Code Sprint 2016

On Thursday 21st April 2016, CARIRI’s mCentre hosted 15 competitors who were all vying for the chance to be the local representative in a regional app competition to be held in Jamaica later this year, called the Caribbean Mobile Innovation Project.  Held at the Centre for Enterprise Development in Freeport, this one-day competition, CODESprint 2016, allowed…