Innovation was the theme of the night as CARIRI alongside the project partners the Government of the Republic of Trinidad and Tobago, through the Ministry of Planning and Development, the European Union in Trinidad and Tobago, Inter-American Development Bank (IDB Lab) and the CARIRI – The Caribbean Industrial Research Institute hosted a Grant Awards Ceremony at the Hilton Trinidad & Conference Centre to publicly announce the grant recipients from the Third Call for Proposals for the Shaping the Future of Innovation Project.
The core objective of the Shaping the Future of Innovation project is to spur private sector-led innovation that can contribute to new growth, exports, and direct and indirect jobs/livelihoods. The project also seeks to strengthen the coordination of the local innovation ecosystem and address critical barriers to innovation
Eighteen (18) projects from various industries including agriculture, agro-processing, manufacturing, education, healthcare, ICT, Fintech, and Creative solutions were awarded:
- Caribbean Bottlers (Trinidad and Tobago) Limited- TreeFree Products by Every Bottle Back
- Xtatik Limited- Soundbridge: Music Industry Innovation in Trinidad and Tobago. A Project by Xtatik Ltd. & Monk Music
- MIC Institute of Technology Limited- Quick to Market Scheme (QMS)
- Cocoa Research Centre, The University of the West Indies- RECREATE Cocoa Communities
- Charlotteville Estate Limited- Tobago Cocoa Rehabilitation Project
- PayWise Limited- Mobile Financial Solution for Credit Unions
- Virtana TT LTD- Indoor Drone Localization and Research
- Caribbean Roasters Limited- CRL brand launched
- Mr. Bionic Mobile Repairs Ltd- Mr. Bionic – Mobile Rescue
- Restayge Networks Limited- Restayge: Bridging Brands and Influencers for Authentic Connections
- Trinibakes Limited – Instalment of Production facility and Staff Development to improve Export Readiness
- Planting Seeds Caribbean Limited-The Planting Seeds Private Equity and Investment TV Series
- RioMed Ltd – Clinical Referral Portal
- Sky Cover TT Aerial Solutions Ltd- Sky Cover Active
- Let’s Talk Brand Ambassador- WizdomCRM Sustainable Stock Market Game
- V’Toria Rhonda Vineyard & Winery Ltd- Innovative Wines, Wine Jellies, and Trinitario Chocolate Wine Bars
- Upward Innovation Technologies Ltd- TTWeSafe Travel Wallet
- Carbon Zero Institute of Trinidad and Tobago- Development of a “Farmers Companion” AI-Driven Climate-Smart Agriculture Advisor App
The ceremony not only honored the current awardees but also highlighted past grant recipients. The exhibition area was a testament to the impact of this project and its contributions towards the growth and development of the business sector through business expansion, employment creation, income generation, and foreign exchange earnings.
This event represents another step in the project’s journey towards strengthening the innovation ecosystem as we have a wide cross-section of stakeholders from the current and past awardees to public and private institutions and members of academia.
For more information, visit: https://future.cariri.com/
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Check out media coverage from the event:
Newsday: https://newsday.co.tt/2024/04/12/smes-awarded-10-6m-innovation-grants-from-cariri/
TTT Live: https://news.tttlimited.com/smes-get-millions-in-eu-and-idb-grants/
Link to CARIRI’s Facebook Page: https://www.facebook.com/caribbeanindustrialresearchinstitute/posts/pfbid0rgxa2Bqai9kJDYUs71YjaMgYHBhDdYcxJiYcE3xYbMVtvUsi1gupT62V91G8Vf5Zl