Many women entrepreneurs in Mauritius don't realize the amount of financial support and training available to them. From government grants to mentorship programs, here are five key resources you should know about.
1. SME Mauritius Grants
SME Mauritius offers various grant schemes for small businesses, including the SME Grant Scheme which provides up to Rs 500,000 for business development. Women-owned businesses receive priority consideration.
2. Women Entrepreneurship Development Programme
This government initiative provides training, mentorship, and seed funding specifically for women starting or growing businesses. The program includes workshops on financial literacy, marketing, and business planning.
3. MRA Tax Incentives
New businesses may qualify for tax holidays and reduced rates. The MRA offers specific incentives for businesses in certain sectors and for employers hiring new graduates.
4. Development Bank of Mauritius (DBM)
DBM offers affordable financing for SMEs with special schemes for women entrepreneurs. Their loan products feature competitive interest rates and flexible repayment terms.
5. Export Processing Zone (EPZ) Benefits
If your business involves exports, you may qualify for EPZ status, which includes duty-free imports, tax holidays, and other benefits.
At Fam Antreprenan, we help our clients identify and apply for grants they qualify for. Contact us to learn how we can support your funding journey.