Scheme

Support Agencies

Turnover, Rs

Max facility Rs

Min. contribution  of benificiary

Target

Mechanism for Transitional Support to the Private Sector (ERCP)

ERCP

5 -50 m

None

25%

Small companies facing cash flow problems since September 2008

LEMS 1

ERCP

50 m

5 m

10%

Manufacturing but inc Kitchen, Restaurant, Catering, Food and Hotel Industry related equipment

LEMS 2

ERCP

150 m

15 m

15%

Manufacturing but inc Kitchen, Restaurant, Catering, Food and Hotel Industry related equipment

Enterprise Development Fund

EM

150 m - +150 m

0.5 m (grant)

25 - 50%

Market Development; Capacity Building; Product Development; Business and Operational Excellence; Access to Innovation & New Technology; Business Development; IT Bases Systems

SME Partnership Fund (SPF)

SME Partnership Fund Ltd

10 m

51%

All SMEs, priority sectors inc tourism; capital expenditure, start-ups, expansion projects and new lines of business

Quasi-Equity Financing Scheme

DBM

500k

25%

SMEs involved in the manufacturing, agri-business, tourism, trade or services sectors and holding an acceptable business plan.

Business Development Scheme

DBM

2 m

25%

Inc: tourism - setting up, expansion, refurbishment of hotels/restaurants, purchase of contract cars

Small Business Development-Related Scheme

DBM

2 m

25%

Purchase of land for industrial or commercial purpose & construction of industrial, commercial or office building

Transitional Support Scheme to Finance SME in Difficulty or which are preparing for the Recovery

DBM

5 m and 15 m for DBM's existing clients

500k-1 m Repo Rate

25%

Purchase of equipment for modernisation; meet working capital requirements, on a revolving basis; restructure existing debts

Scheme for Small Hotels and Restaurants

TA

10 m

10%

Consultancy services for professional interior decorators / designers, to small hotels (of less than 60 rooms), tourist residences, guesthouses and restaurants to improve, refurbish, and renovate in order to enhance existing standards and competitiveness.

Scheme for Energy Management in Small and Medium Hotels and Restaurants

EM/AHRIM

10 m

Consultancy services for a complete diagnosis of premises and infrastructure setup

Green Lending Scheme

AFD

N/A

€ 7 M

Grant equivalent to 12 % of the loan after implementation

Producing green energy for own and/or sale on the grid, projects to reduce energy consumption,

Projects that enable reducing natural resource usage or protecting such resources

Mauritius Business Growth Scheme (MBGS)

Ministry of Business, Enterprise, Cooperatives and Consumer Protection

Funding from World Bank

Rs 50 M for the 50% grant scheme.

No limit for the 90:10 scheme

Cost sharing grants on a 50:50 for companies with turnover below Rs 50 M

90:10 - 90% loan interest-free. Re-payment after a grace period of 3 years

Support enterprise productivity and competitiveness, specially in areas of skills and training, technology upgrading, standards and marketing constraints

Increasing access to finance to credit constrained SMEs