The Caribbean Industrial Research Institute (Cariri) and the College of Science, Technology and Applied Arts of T&T (COSTAATT) have signed a memorandum of co-operation (MOC) to establish a strategic partnership focused on science, technology and innovation (STI)-driven programmes for entrepreneurial development.
The agreement signified a commitment to fostering a new generation of entrepreneurs and innovators in the country.
A statement from Cariri explained the key pillars of the MOC include collaborative programme development; joint internship and mentorship programme; knowledge sharing initiatives; support for COSTAATT initiatives and research collaboration.
“This strategic partnership is a significant step towards building a robust innovation ecosystem in T&T. By combining COSTAATT’s academic excellence with Cariri’s industry experience, the collaboration will equip graduates with the necessary skills and knowledge to thrive in the global marketplace.
“Both entities will work together to elevate the significance of STI in driving national and regional economic progress, while actively seeking avenues for joint project delivery and sustainable programme implementation,” the statement further explained.
Chief executive officer of Cariri, Hans-Erich Schulz in commenting on the signing said, “We are thrilled to formalise this partnership with COSTAATT, marking a significant milestone in our shared commitment to advancing innovation and excellence in T&T. Together, we look forward to leveraging our strengths and expertise to drive transformative change and empower the next generation of leaders in science, technology and innovation.”
Dr Keith Nurse, president of COSTAATT, described the agreement as a game-changer.
“We’ll co-create programmes that equip our graduates with the future skills and the drive, to not just be brilliant minds, but successful business leaders—a potent force, poised to disrupt and dominate their chosen fields,” Nurse added.
The signing ceremony, which was held at Cariri’s office in St Augustine, was led by Dr Keith Nurse, president of COSTAATT, and Hans-Erich Schulz, chief executive officer of Cariri.
Cariri is a regional, multifaceted institution providing value-added technological solutions in the areas of engineering, analytical testing, training and consultancy, research and development, information technology, sustainable energy services, as well as innovation and entrepreneurship designed to enhance efficiency, competitiveness and viability, foster new business creation, and promote sustainable economic development in both T&T and the wider Caribbean region.