Incentives & Schemes

90-10 Payback “Technical Assistance” Scheme

Aim of Scheme

To propose a BUSINESS GROWTH scheme enabling Mauritian enterprises to bring in outside technical expertise (such as the services of specialists or consultants in very specific fields) in order to grow their business and become more “globally competitive”. MBGS indeed supports enterprise growth, competitiveness and employment creation, in the manufacturing and services sectors.

Eligibility Criteria

  • Businesses in all economic sectors are eligible to the 90-10 Scheme except those operating in the financial services industry and those involved in ‘pure trading’ activities.
  • Expenditures on fixed assets, overheads, working capital or routine business operations are not eligible.

 

Terms and Conditions

90% of the consultancy fees will be borne by the Government (up to a maximum of Rs3M per company) whilst the applicant will only make an initial down payment of 10%.

Repayment Terms

Repaid based on a “royalty-on-incremental-sales” basis as from the fourth year (the first three years being a moratorium period). The loan is released to the beneficiary enterprise in phases as the project components get implemented and completed. A project can last up to six months. Activities and payments are thus staged most of the time.

Areas of financing

  • Develop its business;
  • Boost its sales;
  • Increase its local, regional or global competitiveness;
  • Expand existing markets or enter new markets;
  • Develop new products or product lines;
  • Work on designs, research or development;
  • Improve its management, logistical, financial or supply chain related performances;
  • Obtain quality certifications;
  • Seek local or international technical expertise and consultancy; and 
  • Expand employment.



SUPPORT AGENCY
Mauritius Business Growth Scheme Unit
4th Floor, DBM Building
Chaussée Street
Port Louis
Tel: +230 211 0641/212 9818
Fax: +230 213 3080
Email: info@mbgs.mu
Website: www.mbgs.mu

Australia

June 1995
Australian Chamber of Commerce and Industry (ACCI)

China

April 1997
China Council for the Promotion of International Trade (CCPIT) - Beijing
China International Economic and Trade Arbitration Commission - Shanghai
November 1998
CCPIT Guangdong Sub-Council
September 2008
CCPIT Qingdao
May 2007
CCPIT Qingdao

Austria

September 2014
Austrian Federal Economic Chamber

France

September 1996
l’Assemblée des Chambres Françaises de Commerce et d’Industrie (ACFCI)

India

November 1985
Federation of Indian Chambers of Commerce and Industry (FICCI)
May 1996
Confederation of Indian Industry (CII)
June 1995
Tamil Nadu Chamber of Commerce and Industry
January 2004
India International Trade Center
May 2004
Seafood Exporters Association of India
October 2005
Seafood Exporters Association of India

Kenya

January 2011
The Kenya National Chamber of Commerce and Industry (KNCCI)

Madagascar

November 2004
Fédération des Chambres de Commerce, d’Industrie, d’Artisanat et d’Agriculture de Madagascar

Malaysia

August 1994
The National Chamber of Commerce and Industry of Malaysia
June 2005
Malaysian Associated Indian Chambers of Commerce and Industry

Mozambique

September 2012
Chamber of Commerce of Mozambique)

Pakistan

October 2004
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI)

Russia

May 2007
Chamber of Commerce and Industry of the Russian Federation

Sri Lanka

May 2004
National Chamber of Commerce of Sri Lanka

Tanzania

January 2011
The Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA)

Thailand

August 2004
The Federation of Thai Industries (F.T.I)
February 2013
TUSKON

Turkey

August 2014
DEIK (Foreign Economic Relations Board)
TOBB (The Union of Chambers and Commodity Exchanges of Turkey)

Réunion

June 1995
Chambre of Commerce and d’Industrie de la Réunion
March 2002
L’Association pour le Développement Industriel de la Réunion

Seychelles

November 2005
Seychelles Chamber of Commerce and Industry
April 2014
Seychelles Chamber of Commerce and Industry

Djibouti

August 2008
Chamber of Commerce of Djibouti

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  • 90-10 Payback “Technical Assistance” Scheme
  • 90-10 Payback “Technical Assistance” Scheme