1. Support to SMEs
MRC, Ebène
29 September 2016

2. Contribution of SMEs to the Economy
Number of SMEs : 126,185
CONTRIBUTION OF SMEs TO GDP : 39.6%
OFFICIAL ESTIMATES OF TOTAL EMPLOYMENT: 552,000
EMPLOYMENT IN SMEs AS A % OF TOTAL EMPLOYMENT : 54.6 %
Source: Statistics Mauritius

3. Target Customers SMEs Aspiring Entrepreneurs Existing Entrepreneurs
Annual Turnover of less than Rs50m
Aspiring Entrepreneurs
Guidance, Advice and Business Planning for start up
Existing Entrepreneurs
Expansion, modernisation or diversification of an
existing business

4. List of Services
Business Development Services
Licencing
Schemes

5. Business Development Services
Guidance & Advice for Start Up
Break even Analysis
Business Planning
Advice on financing options
Link with Licensing bodies
Registration as an SME
SME Development Scheme

6. Licensing Unit 15 Licensing Authorities Business/Company Registration
BLP and Trade License
Utilities (CEB,CWA, WMA)
Income Tax & Customs
Health issues
Labour issues
Financing – Venture Capital

7. Other Services Managerial Training Courses Handicraft Training
Courses Wood/ leather / Fibre craft
Garment Design
Fashion Jewellery
Ceramics and pottery
Packaging
Floral arrangement

8. Innovative Initiatives
SMEDA Handicraft Training Academy
with collaboration with FDI , MGI for upgrading of creativity and design in handicrafts.
2. SMEDA Business Development and Facilitation Centres
to accelerate the successful development of Start-ups and existing businesses through an array of Business Development Services (BDS)
3. MOUs with Microsoft Ocean Indien / ACCA/ MCCI
for training of SMEs in ICT and Finance and for the visibility/ marketing of craft products

9. SME Development Scheme Certificate
New Generation of Entrepreneurs
Innovative & Value added enterprises
Encourage Start-Up in Priority Sectors
Creation of New Employment
Promote Export

10. SME Development Scheme Certificate
Eligibility Criteria
Company / Cooperative Sty–
after 2 June 2015
Project Value less than Rs 20 m
Turnover less than Rs 50m
Shareholders restriction
Business in Priority Sectors

11. SME Development Scheme Certificate
Priority Sectors
ICT activities preferably in mobile applications/ websites/software development
Manufacturing
Bio-farming and Agri-Business
Aqua-culture and Ocean economy
Renewable and Green Energy
Handicraft (locally manufactured) 

12. SME Development Scheme Certificate
Fiscal and other Incentives
8 Year Tax Holiday
Business Support from MyBiz
Fast Track mechanism for clearances
Maubank Financing Scheme
Max Grant of Rs150,000 for
Training, Consultancy, Financial Management, Feasibility
Study and Technical Assistance

13. Maubank Financing Scheme
90% Project Financing
Loan amount up to Rs18 m
Interest Rate 3 %
Repayment period up to 10 Years
Fixed and Floating Charges on assets
Grant of Rs10,000 for Feasibility Study

14. Process Flow-SME Development Scheme Certificate
Application form deposited with documents at MyBiz
Project Approved by SME Development Scheme Committee
Letter of Intent issued
Applicant apply for loan and submit letter of sanction or other proof of funding
SME Development
Certificate Issued
Bio Farming projects - Certification from Ministry of Agro Industry required

15. OTHER SCHEMES
SME Refund Scheme for Export promotion events and Technology fairs- a grant of Rs 200,000 is provided per year to SMEs .
Pre-Market Test and Certification Scheme for a grant of up to Rs. 200,000 for a maximum of 5 products per small enterprise engaged in food processing to assist them meet costs of pre-market test and certification of their products

16. Thank You 16