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To meet eligibility criteria, businesses must in the first instance be able to demonstrate they are:
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Registered under the Companies Act, with a minimum of 50% local ownership |
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VAT registered |
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Financially viable |
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A commercial operation with at least 2 years operating history (those with less than 2 years of operation will be evaluated on a case to case basis) |
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Able to co-finance the project for which funding has been sought |
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Operating in the manufacturing; or non financial, non tourism exportable service sectors. The Textile and Apparel sector will be a priority for this scheme. |
Note1: Applicants must agree to provide all necessary company information requested by Enterprise Mauritius or its agents, including financial performance for the past 2-3 years trading, and realistic forecasts for the next 3 years.
Note 2: As the Enterprise Development Fund is limited, not all applications will be successful and the fact that an application meets basic entry criteria does not guarantee assistance under this scheme.
Enterprise Mauritius reserves the sole and absolute right to accept or reject any application, without it being necessary to give any reason or justification whatsoever.
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