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SME
SME Financing Scheme, DBM & MIC Grants in Mauritius (2025 Landscape)
The main SME funding routes in Mauritius — DBM concessional loans, MIC support, SME Equity Fund and the Industrial Finance Corporation of Mauritius (IFCM) schemes.
Anexa Biz Nov 14, 2025 13 min read
The main sources of SME funding
- Development Bank of Mauritius (DBM) — concessional loans, working capital, technology upgrade.
- Mauritius Investment Corporation (MIC) — quasi-equity and structured lending to strategic sectors.
- SME Equity Fund — equity participation up to Rs 25M in growth SMEs.
- Industrial Finance Corporation of Mauritius (IFCM) — factoring, leasing, term loans.
- Grants under the SME Refund Scheme and Technology & Innovation Scheme.
| Scheme | Ticket size | Interest / cost |
|---|---|---|
| DBM SME Loan | Up to Rs 10M | Prime − 0.5% typical |
| MIC | Rs 50M+ | Structured |
| SME Equity Fund | Rs 500k–Rs 25M | Equity |
| IFCM Leasing | Asset backed | Market |
Frequently asked questions
Q. Do I need audited accounts to apply?
For most schemes yes — even small companies are usually asked for 2 years of accounts and a business plan.