Mauritius Young Entrepreneurs Trust Project 

MYET provides assistance to overcome constraints and limitations faced by young people who want to create their own enterprise. The target groups consist of: the unemployed, semi-skilled workers and young graduates. The main objectives of the project are to act as a tool for economic change and empowerment, promote entrepreneurship among the economically disadvantaged, and train potential and existing entrepreneurs in running their enterprises with the assistance of mentors. The mentors are business advisers working on voluntary basis. They give practical advice to organise activities and manage the starting business. They also teach the young entrepreneurs how to manage cash flows and keep accounts. Training can also be provided by the Trust, if necessary, either in Mauritius or in India. The training sought should be directly linked with the approved project. Once the project has been approved, the beneficiary shall be invited to enter into an Agreement with the Trust. This Document shall formalize the rights and duties of both MYET and the entrepreneur.

In order to be eligible to receive assistance one needs to be between the ages of 18 and 35, have a viable business idea and a vision to develop, create and a will to succeed. Activities financed include promoting entrepreneurship excluding self-employment and simple trading. There are 11 Mauritian companies involved in the sponsorship.