CARIRI and the Engineering Institute of The University of the West Indies – Memorandum of Understanding (MOU)

News and Events

On Wednesday 3rd August, 2016, CARIRI and the Engineering Institute of The University of the West Indies signed a Memorandum of Understanding (MOU) which will see greater collaboration between the two institutions.  The general intent of both parties is to cooperate in the areas of Research, Development and Innovation (RDI), Entrepreneurship Development and Commercialisation.  The primary…

Gaining a Competitive Edge: Entrepreneurship and Sports

Articles

Business and sports share many common features. The familiar “born or made” debate resonates for both Olympians and entrepreneurs. There are also unyielding obstacles despite talent or skill: a 5ft tall player will not make the NBA Basketball team. Undoubtedly, an Olympian’s mindset is very different from that of a casual afternoon jogger. Not only…

Shifting gears in Entrepreneurship

Articles

What does it mean to be an entrepreneur? Is it shuffling from gig-to-gig in an ever evolving free market economy? Is it akin to being an inventor? Is it a mindset, a dream and an idea immersed in your thoughts and you have started to commercialize? Does it begin when you close your first sale…

UNDERSTANDING DIFFERENCES BETWEEN DEBT & EQUITY

Articles

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

Articles

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

News and Events

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

News and Events

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

News and Events

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

Legacy Projects

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

News and Events

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…