Develop your business idea

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Develop your business idea

Develop your Business Idea

Entrepreneurs usually face the challenge of developing a business idea in a way that it becomes economically viable. There is, hence, the need to develop the right value proposition while defining a relevant strategy to have a baseline to achieve set objectives. There exists a panoply of facilities to support burgeoning entrepreneurs to implement their business ideas in the most effective and profitable possible way.

The Start-Up Checklist is an essential instrument to enable entrepreneurs in measuring the financial robustness of a business idea and to contextualise the activity and its strategy in the competitive business world.

At this stage, a Start-Up Program has been introduced in view of offering a comprehensive support bundle to businesses covering areas such as developing of business plan and marketing strategies, training for managerial and networking skills, market research, access to market, among others.

Entrepreneurs may also leverage on the project profiles available at the SME Mauritius Documentation Centre.

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BELOW IS A LIST OF SECTORS & ACTIVITIES THAT REQUIRE OPERATING LICENSES FROM RELEVANT AUTHORITIES IN MAURITIUS:

Non-bank financial sector such as Securities, Insurance & Pensions, Global Business and other NBFI & Supervisory Framework: Financial Services Commission
Internet Service Providers: ICTA
Freeport activities: EDB & MRA
Tourism activities such as tourism accommodation, skipper’s license operation of pleasure craft, restaurant nightclub amongst others: Tourism Authority
Tertiary Education: Higher Education Commission
Training Institute: Mauritius Qualification Authority
Pre-primary education: Early Childhood Care and Education