In the wake of global pandemic and other shocks, Grenada has felt the challenges of relying too heavily on the tourism sector. A Technology & Innovation Hub in Grenada would deliver hope for the country, new opportunities for local youths, keeping the most highly trained and intelligent people in Grenada. It can promote innovation and a creative environment, and enable a generation to thrive based on knowledge, skills, open competition, specialization, increased capacity, and efficiency.

A Technology and Innovation Hub is a place where collective understanding of opportunities and challenges are solved using emerging technologies and innovations; a place where resources are shared and strengthened, where new products (product innovations) or processes in application (process innovations) have been developed or created and brought to market. Key components of a Technology and Innovation Hub are sources of funding, access to venture capitalists, angel investors, and government sponsorship.

This study builds upon past research, case studies and extensive consultations to offer a vision and a roadmap for a Technology & Innovation Hub in Grenada.