MTI Research and Development Fund

Provides funding to stimulate and support investment in new and advanced technology and innovation as a competitiveness enhancement tool for enterprises in the non-energy manufacturing and services sectors.
It provides funding for the successful marketplace entry of innovative and technology driven business ideas in Financial, Maritime and Aviation Services, Software Design and Applications, Creative Industries, Fishing and Fish Processing, Agriculture and Agro-Processing.
Eligible companies can access funding in three (3) phases: Phase 1: Feasibility- 70% of the total cost of the project up to TT$100,000.00;
Phase 2: Product and service development- 50% of the total cost of the project, up to TT$750,000.00;
Phase 3: Product/Service Commercialization- up to TT$150,000.00