The market for smartphones and mobile apps is a closely related market, moreover, with Trinidad and Tobago and other English-speaking Caribbean islands being tiny domestic markets for mobile app developers, internationalization is a key strategy for mobile app ventures looking to scale up. Research firm Gartner estimates the total number of mobile app downloads globally…
The ability to solve real problems in the physical world is one of the key strengths of 3D printing i.e. reimagining manufacturing. 3D printing gives us the unlimited ability to design, test and engineer with hands on exposure to additive manufacturing, and gives us an advantage at the dawn of the next revolution in digital manufacturing. This contributes to…
The Caribbean Industrial Research Institute (CARIRI) is a research and technological organization that is committed to the development of innovative ideas, products and services locally and regionally. As part of CARIRI’S strategic thrust to more substantively contribute to the achievement of the national developmental goals of economic diversification and sustainability, the Institute has been turning…
Oyster mushroom (mushroom species Pleurotus ostreatus) gets its name from an uncanny resemblance to fresh-shucked oysters. Oyster mushrooms can usually be found growing on dead or decaying wood or on organic material like sawdust and straw and are classified as a fungus, similar to other mushrooms. Oyster mushrooms caps which are shaped like fans or…
Food safety may be compromised around Carnival time for various reasons. Many of the causes stem from improper cleaning and sanitation practices as well as poor personal hygiene. This Carnival, keep these tips in mind to ensure that you and your family consume safe food: Hot foods should be held above 60oC or above and…
Food safety may be compromised around Carnival time for various reasons. Many of the causes stem from improper cleaning and sanitation practices as well as poor personal hygiene. This Carnival, keep these tips in mind to ensure that you and your family consume safe food: Hot foods should be held at 60oC or above and…
The market for mobile applications is already extensive and it exhibits no evidence of slowing down. Currently, there were over 10 billion mobile devices with Internet access that were expected to be in use at the end of last year. As such, the app-building industry needs to grow to match the demand being achieved. Since…
There is a misconception that once a business is making profit, everything is fine! This is far from the truth. If the cash flow position of the firm is negative, it means the business may be in severe trouble. Profit is defined as revenue less expenses and cash flow refers to the actual receipt and…
Companies that are growing and expanding into new markets will face this question at some point in time. Most start-up food businesses do not even consider the implementation of HACCP in the initial stages of their operations. Start-up business owners are at that time generally focused on marketing their business in order to reach potential…
he euphoria and excitement associated with launching and growing a small business venture are often whittled away by manifold challenges including partnership pitfalls, financial resources, poor problem definition and market misalignment. Other contributory factors include timing, passion without purpose (or vice versa), (unyielding) regulatory context and even a founder’s characterization, risk appetite or personal proclivities.…
