1973 – MFI has its humble beginnings as a duly registered, non-stock, non-profit foundation organized to broaden Meralco’s ownership base and to implement socially-oriented projects.
1975 – MFI is registered as a scholarship-granting science foundation under the National Science Development Board. It forges a partnership with the Rizal Provincial Government for the establishment of a school for technician training.
1976 – MFI and the Rizal Provincial Government launch the Rizal Technological Colleges – Institute of Industrial Technology.
1978 – The Institute of Industrial Technology is transferred to the Manila Technician Institute, with MFI managing a scholarship program funded by the Philippine Business for Social Progress.
1979 – The first class of MFI scholars graduates from the three-year technician programs in mechanical and electrical technology at the Manila Technical Institute.