SCHEMES

SME Mauritius Ltd provides a series of schemes to improve the competitiveness of SMEs.

These grants cover 80% of the of the approved itemised cost of the project. The Entrepreneur contributes the remaining 20%.

The value of grants is determined by the T/Over and the number of employees on CSG.

Total grants within a specific scheme or across schemes will be capped to a maximum as defined in table below.
The Entrepreneur contributes a minimum of 20% of the approved itemised and detailed project costs.

Your grant value is determined by:

Maximum Grant Available per Category:

  • Category A

  • Category B

  • Category C

  • Category D

  • 50,000

  • 130,000
  • 200,000
  • 250,000

  • Schemes -sme
    schema-img--sme

    BUSINESS TRANSFORMATION SCHEME (BTS)*

    TECHNOLOGY AND INNOVATION SCHEME (TINS)

    The scheme seeks to encourage SMEs to continuously invest in Technology and automated production capabilities and to create technology based integrated and sustainable SMEs..

    schema-2 -sme
    MARKET READINESS-sme
    MARKET READINESS SCHEME (MRS)
    The scheme seeks to encourage SMEs to continuously invest in Technology and automated production capabilities and to create technology based integrated and sustainable SMEs..
    GREENING SUPPORT SCHEME (GSS)
    The scheme aims at promoting green initiatives in SMEs through investment in dedicated mechanisms and systems and implementation of international standards and norms.
    solar-plat -sme
    agri -sme

    AGRI-BUSINESS
    SCHEME (ABS)

    The scheme aims at facilitating the introduction of technics and innovative technologies with a view of promoting the development and boosting of productivity within the agri-business sector.
    • Individual /Self employed
    • Company registered with Corporate and Business Registration Department (CBRD)
    • Registered and compliant Cooperative Society
    • Preferably have been in operation for 9 months.
    • SMEs in operation for less than 6 months may qualify as start-ups.
    • Annual turnover should be less than Rs 100 m
    • Any legal value-creating economic activity except Pure Trading, Real Estate, Rental Activities and E-Commerce.
    • Be a duly registered SME
    • Valid trade license and other relevant permits and licenses
    • Business registration Card
    • Financial Return filed with MRA or CBRD for previous year
    • Compliant with CSG
    • Be a duly registered SME
    • Valid trade license and other relevant permits and licenses
    • Business registration Card
    • Financial Return filed with MRA or CBRD for previous year
    • Compliant with CSG
    • Be a duly registered SME
    • Valid trade license and other relevant permits and licenses
    • Business registration Card
    • Financial Return filed with MRA or CBRD for previous year
    • Compliant with CSG
    • • Grants depend on
      (i) Turnover and
      (ii) Number of full-time Employees for whom CSG is being paid.
      • There are 4 categories of Grants available as follows:

      CategoryABCD
      Max. Grant (Rs)50,000130,000200,000250,000

      • The Grant covers up to a maximum of 80% of the itemised cost allowable for that category.
      • The beneficiary contributes a minimum of 20% of the itemised cost.
      • Total grants within a specific scheme or across schemes are capped to the maximum indicated for that category.
      • There is a further capping on the value of components to reflect fair market value of any component covered.

    • A minimum of 51% shareholding by a Mauritian national is required to benefit from any scheme.
    • An entity having a director/shareholder with shares in another company where the turnover exceeds Rs 100 Million does not qualify for any schemes.
    • Any entity should not be held by another entity where the turnover exceeds Rs 100 Million.
    • Spouses or same directors/shareholders do not benefit twice in any financial year even if their applications are filed under different entities.
    • A complete application means an application supported by ALL the required documents for that application.
    • Grants will only cover acquisitions made 9 months prior to any initial application.
    • Grants under schemes do not cover basic equipment that the Applicant needs in the normal course of work.
    • However Compliant Service sector SMEs may apply for grants on specialised equipment and software relevant for their services.
    • Any payment effected to a Supplier must be by cheque/Card or bank transfer. Cash payments are not accepted.
    • The date considered is the effective date of transfer of funds to any supplier as evidenced by the cheque/Card, the Bank statement and not the date of the invoice or receipt.
    • VAT is not covered under the scheme.
    • Cooperatives may benefit up to a maximum of Rs 40,000.
    • Beneficiaries can ONLY re-apply after a cooling off period of 9 months after date of last disbursement or (ii) if they have not reached their maximum limit for that financial year.
    • Beneficiaries over any continuous 3 year period will only be eligible to re-apply if their turnover has progressed above the cumulative official inflation rates for that 3 year period.
    • It is a condition that any funded component is available for inspection by SME Mauritius at any time of asking.
    • SME Mauritius shall not, in any way, be held responsible or liable for any act or deed to which the Applicant and/or his Service provider may be party.
    • Service Providers for prospects such as social media, website, e-catalogues, CRM and ERP or such technology based projects will be capped at a maximum of 5 projects cumulatively.
    • Service Providers for consultancy projects will be capped at a maximum of 8 projects.
    • No previous beneficiary of equipment will act as Supplier.
    • Applicants will not benefit twice during the same financial year, except if they have not exceeded their max. allowable limit.
    • A minimum of 10 weeks processing time is required from submission date of the complete application.
    • SME Mauritius reserves the right to cancel any application (i) in case any Applicant fails to comply with any of the terms and conditions (ii) in case of any false or misleading information provided by the Applicant (iii) in case of any suspected conflict of interest or connivence between any Applicant and the Service provider.
    • The ultimate decision on approval or rejection of applications rests on the Grant Approval Committee (GAC) and its decision shall be final.

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    Checklist for Application Pack

    For further information, call the officer responsible for your region as in the list. You may then complete the online application form.
    1. Be a duly registered SME
    2. Valid trade license and other relevant Permits and licenses
    3. Business registration Card
    4. Financial Return filed with MRA
    5. Compliant with CSG

    • Company registered with Corporate and Business Registration Department (CBRD)

    • Preferably have been in operation for two years

    • Annual turnover should be more than Rs 6m but less than Rs 100m

    • Any legal value-creating economic activity except pure Trading

    • The maximum grant allowable is Rs 350,000, namely:


    – Up to Rs 250,000 for project components and Rs 100,000 to cover consultancy fees

    • Individual /Self employed
    • Company registered with Corporate and Business Registration Department (CBRD)
    • Registered and compliant Cooperative Society
    • Preferably have been in operation for 6 months SMEs in operation for less than 3 months will qualify as start-ups
    • Annual turnover should be less than Rs 100 m
    • Any legal value creating economic activity except pure Trading
    • Be a duly registered SME
    • Valid trade license and other relevant permits and licenses
    • Business registration Card
    • Financial Return filed with MRA or CBRD for previous year
    • Compliant with CSG
    • Grants depend on
      (i) Turnover and
      (ii) Number of full-time Employees for whom CSG is being paid.
    • There are 4 categories of Grants available as follows:
      Category ACategory BCategory CCategory D
      50,000130,000200,000250,000
    • The Grant covers up to a maximum of 80% of the itemised cost allowable for that category.
    • The beneficiary contributes a minimum of 20% of the itemised cost.
    • Total grants within a specific scheme or across schemes are capped to the maximum indicated for that category.
    • There is a further capping on the value of components to reflect fair market value of any component covered.
    • A minimum of 51% shareholding by a Mauritian national is required to benefit from any scheme.
    • An entity having a director/shareholder with shares in another company where the turnover exceeds Rs 100 Million does not qualify for the schemes.
    • Any entity should not be held by another entity where the turnover exceeds Rs 100 Million.
    • Spouses or same directors/shareholders do not benefit twice in anyn financial year even if their applications are filed under different entities.
    • Only a Director/Owner can sign the grant contract on behalf of any benefiary.
    • A complete application means an application supported by ALL the required documents for that application.
    • Grants cover acquisitions made within 6 months prior to any initial application.
    • Components approved have to be acquired within the agreed timeline stated in the contract.
    • Grants under schemes do not cover basic equipment needed in the normal course of work.
    • Compliant Service sector SMEs may apply for grants on specialised equipment and software relevant to their services.
    • Any payment effected to a Supplier must be by cheque/Card or bank transfer. Cash payments are not accepted.
    • The effective date of transfer of funds considered is the one evidenced by the cheque/Card, the Bank statement and not the date of the invoice or receipt.
    • VAT is not covered under the scheme.
    • Compliant entities with an established involvement in Social Entrepreneurship for some 3 years may benefit from a maximum of Rs 40,000.
    • Cooperatives may benefit up to a maximum of Rs 40,000
    • Beneficiaries can ONLY re-apply after (i) a cooling off period of 9 months after date of last disbursement or (ii) if they have not reached their maximum limit for that financial year.
    • It is a condition that any funded component is available for inspection by SME Mauritius at any time of asking.
    • SME Mauritius shall not, in any way, be held responsible or liable for any act or deed to which the Applicant and/or his Service provider may be party.
    • SME Mauritius reserves the right to cancel any application (i) in case any Applicant fails to comply with any of the terms and conditions above (ii) in case of any false or misleading information provided by the Applicant (iii) in case of any suspected conflict of interest or connivence between Applicant and the Service provider.
    • SMEs favours helping a maximum of Applicants, which may entail lowering the maximum limit whenever deemed necessary.
    • A minimum of 10 weeks processing time is required from submission date of the complete application.
    • The ultimate decision on approval or rejection of applications rests on the Grant Approval Committee (GAC) and its decision shall be final.
    • Individual /Self employed
    • Company registered with Corporate and Business Registration Department (CBRD)
    • Registered and compliant Cooperative Society
    • Preferably have been in operation for 6 months SMEs in operation for less than 3 months will qualify as start-ups
    • Annual turnover should be less than Rs 100 m
    • Any legal value creating economic activity except pure Trading
    • Be a duly registered SME
    • Valid trade license and other relevant permits and licenses
    • Business registration Card
    • Financial Return filed with MRA or CBRD for previous year
    • Compliant with CSG
    • Grants depend on
      (i) Turnover and
      (ii) Number of full-time Employees for whom CSG is being paid.
    • There are 4 categories of Grants available as follows:
    Category ACategory BCategory CCategory D
    50,000130,000200,000250,000
    • The Grant covers up to a maximum of 80% of the itemised cost allowable for that category.
    • The beneficiary contributes a minimum of 20% of the itemised cost.
    • Total grants within a specific scheme or across schemes are capped to the maximum indicated for that category.
    • There is a further capping on the value of components to reflect fair market value of any component covered.
    • A minimum of 51% shareholding by a Mauritian national is required to benefit from any scheme.
    • An entity having a director/shareholder with shares in another company where the turnover exceeds Rs 100 Million does not qualify for the schemes.
    • Any entity should not be held by another entity where the turnover exceeds Rs 100 Million.
    • Spouses or same directors/shareholders do not benefit twice in anyn financial year even if their applications are filed under different entities.
    • Only a Director/Owner can sign the grant contract on behalf of any benefiary.
    • A complete application means an application supported by ALL the required documents for that application.
    • Grants cover acquisitions made within 6 months prior to any initial application.
    • Components approved have to be acquired within the agreed timeline stated in the contract.
    • Grants under schemes do not cover basic equipment needed in the normal course of work.
    • Compliant Service sector SMEs may apply for grants on specialised equipment and software relevant to their services.
    • Any payment effected to a Supplier must be by cheque/Card or bank transfer. Cash payments are not accepted.
    • The effective date of transfer of funds considered is the one evidenced by the cheque/Card, the Bank statement and not the date of the invoice or receipt.
    • VAT is not covered under the scheme.
    • Compliant entities with an established involvement in Social Entrepreneurship for some 3 years may benefit from a maximum of Rs 40,000.
    • Cooperatives may benefit up to a maximum of Rs 40,000
    • Beneficiaries can ONLY re-apply after (i) a cooling off period of 9 months after date of last disbursement or (ii) if they have not reached their maximum limit for that financial year.
    • It is a condition that any funded component is available for inspection by SME Mauritius at any time of asking.
    • SME Mauritius shall not, in any way, be held responsible or liable for any act or deed to which the Applicant and/or his Service provider may be party.
    • SME Mauritius reserves the right to cancel any application (i) in case any Applicant fails to comply with any of the terms and conditions above (ii) in case of any false or misleading information provided by the Applicant (iii) in case of any suspected conflict of interest or connivence between Applicant and the Service provider.
    • SMEs favours helping a maximum of Applicants, which may entail lowering the maximum limit whenever deemed necessary.
    • A minimum of 10 weeks processing time is required from submission date of the complete application.
    • The ultimate decision on approval or rejection of applications rests on the Grant Approval Committee (GAC) and its decision shall be final.
    • Individual /Self employed
    • Company registered with Corporate and Business Registration Department (CBRD)
    • Registered and compliant Cooperative Society
    • Preferably have been in operation for 6 months SMEs in operation for less than 3 months will qualify as start-ups
    • Annual turnover should be less than Rs 100 m
    • Any legal value creating economic activity except pure Trading
    • Be a duly registered SME
    • Valid trade license and other relevant permits and licenses
    • Business registration Card
    • Financial Return filed with MRA or CBRD for previous year
    • Compliant with CSG
    • Grants depend on
      (i) Turnover and
      (ii) Number of full-time Employees for whom CSG is being paid.
    • There are 4 categories of Grants available as follows:
    Category ACategory BCategory CCategory D
    50,000130,000200,000250,000
    • The Grant covers up to a maximum of 80% of the itemised cost allowable for that category.
    • The beneficiary contributes a minimum of 20% of the itemised cost.
    • Total grants within a specific scheme or across schemes are capped to the maximum indicated for that category.
    • There is a further capping on the value of components to reflect fair market value of any component covered.
    • A minimum of 51% shareholding by a Mauritian national is required to benefit from any scheme.
    • An entity having a director/shareholder with shares in another company where the turnover exceeds Rs 100 Million does not qualify for the schemes.
    • Any entity should not be held by another entity where the turnover exceeds Rs 100 Million.
    • Spouses or same directors/shareholders do not benefit twice in anyn financial year even if their applications are filed under different entities.
    • Only a Director/Owner can sign the grant contract on behalf of any benefiary.
    • A complete application means an application supported by ALL the required documents for that application.
    • Grants cover acquisitions made within 6 months prior to any initial application.
    • Components approved have to be acquired within the agreed timeline stated in the contract.
    • Grants under schemes do not cover basic equipment needed in the normal course of work.
    • Compliant Service sector SMEs may apply for grants on specialised equipment and software relevant to their services.
    • Any payment effected to a Supplier must be by cheque/Card or bank transfer. Cash payments are not accepted.
    • The effective date of transfer of funds considered is the one evidenced by the cheque/Card, the Bank statement and not the date of the invoice or receipt.
    • VAT is not covered under the scheme.
    • Compliant entities with an established involvement in Social Entrepreneurship for some 3 years may benefit from a maximum of Rs 40,000.
    • Cooperatives may benefit up to a maximum of Rs 40,000
    • Beneficiaries can ONLY re-apply after (i) a cooling off period of 9 months after date of last disbursement or (ii) if they have not reached their maximum limit for that financial year.
    • It is a condition that any funded component is available for inspection by SME Mauritius at any time of asking.
    • SME Mauritius shall not, in any way, be held responsible or liable for any act or deed to which the Applicant and/or his Service provider may be party.
    • SME Mauritius reserves the right to cancel any application (i) in case any Applicant fails to comply with any of the terms and conditions above (ii) in case of any false or misleading information provided by the Applicant (iii) in case of any suspected conflict of interest or connivence between Applicant and the Service provider.
    • SMEs favours helping a maximum of Applicants, which may entail lowering the maximum limit whenever deemed necessary.
    • A minimum of 10 weeks processing time is required from submission date of the complete application.
    • The ultimate decision on approval or rejection of applications rests on the Grant Approval Committee (GAC) and its decision shall be final.