About the IAS

CARIRI’s Idea Advisory Service is an initiative to encourage innovation and to assist persons with taking their idea to market. The Danish Technological Institute who has been providing this service in Denmark for the past forty-three years has trained a team from CARIRI with varying backgrounds and capabilities to execute this service in Trinidad and Tobago. CARIRI’s IAS has tailored their model to suit the needs of our economy and eventually the rest of the Caribbean.

Many great ideas are not commercialized because of a disconnect between the idea, what the market wants and how the product or service is evaluated by the market. The Idea Advisory Service seeks to close this gap by working with innovators to assess the facts and assumptions surrounding their ideas. Once proof of business has been established, there are two pathways to commercialization either via business start-ups or licensing.

Business Startups: At CARIRI, our Business Hatchery Programme is an intensive three (3) month programme that focuses on training entrepreneurs on the fundamentals of running their own business. For further information on this programme, please visit http://www.cedcariri.com/hatchery#thehatchery

Licensing: The second option of licensing enables anyone who is willing to be creative, dynamic and daring to exploit the expertise of an existing company, in terms of market experience, distribution channels and manufacturing to commercialize your ideas. You, the innovator, trade the risk associated with starting a company for royalty payment.

Benefits of IAS

  • Confidentially, independent and objective assessment of innovators' ideas anytime all the time
  • Involvement of the innovator in the idea validation and commercialization process
  • Identification and strengthening of the benefits of your idea to the target market
  • Assessment of the novelty of your idea and advice on which intellectual property tool would be the most relevant in securing your idea
  • Evaluation of market demand for your invention
  • Assistance in the development of a demonstration model (pretotype) where necessary
  • Identification and networking with potential licensees of your idea on your behalf
  • Negotiation of a licensing agreement

Feel free to contact the IAS Team at: Tel: 299-0209 ext. 2210,2212,2662 Email: ias@cariri.com

Being a member of CARIRI’s IAS has allowed for invaluable mentorship and also access to knowledge gain and sharing, inclusive of the many facets of intellectual property and also export. The IAS, together with the Business Hatchery Programme has helped to not just truly put me into the entrepreneurial mindset, but it also provided the tools to ensure that better and more sound business decisions are made.
Regina King
Regina KingKing’s Specialties
CARIRI helped me think my idea through more thoroughly and gave me useful suggestions and tips on the actual process of launching a business.
Tremayne Durham
Tremayne DurhamInventor & Entrepeneur
CARIRI’s Idea Advisory Service (IAS) has been instrumental in converting my dream into a reality. The IAS has provided me with the resources I needed to cultivate my idea and has shown me that entrepreneurship is now a way of life.
Misty Hamid
Misty HamidAuthor, My Tropical ABCs
The IAS has brought my business idea from proof of concept to a tangible innovation product. It also helped me to understand and see the potential of my product.
Brian Benoit
Brian BenoitPanimation
Everyone has ideas. Most people have no clue about how to take their ideas to the next step. I have been able to gain advice not only how to act on my idea, Twigs Naturals but assistance in how to protect the intellectual property and develop more through innovation.
Nigel Jordan
Nigel JordanTwigs Naturals
The IAS team has been very professional and accommodating. I appreciate that their focus is not only on product development but the individual as well. They guided me through the Business Hatchery Programme which made me grow as an inventor and entrepreneur, this has allowed me to see a clearer path to bring my product to market. The programme has allowed me to network with key mentors, who together with the IAS team will further assist with the licensing of the product.
Janelle Nelson
Janelle NelsonInventor and Entrepreneur
Entrepreneurship can feel like a lonely journey but entrepreneurs don’t need to travel this journey alone. One of the greatest experience is the one on one session with experts who helped me to brainstorm all possible scenarios aka Murphy’s law. In entrepreneurship, Murphy’s law ( what can go wrong will go wrong) is common as the law of gravity but having CARIRI as a partner entrepreneurs can defy the law of gravity and soar to their fullest potential.
Kevin Sinanan
Kevin SinananYFumble
As a creative, one of the most difficult hurdles for me has been shifting roles to the business side of running a studio. From project management to staying on track with the development of my prototypes, patiently working with me on the fundamentals of a business plan and figuring out my value proposition, to assessing the local market opportunities and brainstorming entry strategies to get my IP on a global stage, the Cariri IAS team been at my side every step of this journey. I am grateful for the guidance provided by the IAS team that has helped me to move my business forward.
Jeunane Alkins
Jeunane AlkinsEverything Slight Pepper
When you don’t know what you don’t know, the IAS opens your mind to possibilities!
Neil Beekie
Neil BeekieInventor
When you don’t know what you don’t know, the IAS opens your mind to possibilities!
Neil Beekie
Neil BeekieInventor
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