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Launching of activities to mark the International Day of SMEs

Date: June 25, 2020
Domain:Business & Industry
Persona: Business; Citizen; Government; Non-Citizen
 

GIS – 25 June 2020: A series of activities to mark the International Day of Small and Medium-sized Enterprises (SMEs) organised by the Ministry of Industrial Development, SMEs and Cooperatives, was launched, this morning, at SME Mauritius in Coromandel.

Among the activities are: an exhibition with the participation of SME Mauritius Ltd trainees in craft and skills, a seminar focusing on digital marketing and exhibitions and training will be held across the country including Goodlands and Bel Air. Training will focus on personal coaching, communication skills and steps to set up a business.

Present on the occasion,  the Minister of Industrial Development, SMEs and Cooperatives, Mr.  Soomilduth Bholah, highlighted that SMEs are important contributors to job creation and  the economic development of the country, with a contribution of about 40% to the country’s GDP and representing 60%  of total employment.

The Minister underpinned the objective behind the setting up of SME Mauritius Ltd , which is to support and facilitate the development of entrepreneurship and SMEs in Mauritius. A team of dedicated professionals are here to ensure that   talents of local entrepreneurs are unlocked and developed and assist them in the conceptualisation of their business as well as concretisation of their projects, he said.

SME Mauritius Ltd, he emphasised, is a revamped institution which is committed to help entrepreneurs address key constraints to SME growth, namely access to finance, training and technology  along with platforms to market their products. 

The Covid-19 pandemic, he stressed, has triggered the urgent need for every country to encourage their respective population to produce and consume locally, to strengthen food security and deal with the Post-Covid socio-economic crisis.

Indeed, fostering local entrepreneurship and protecting the livelihood of SMEs remain at the core of the Governmental agenda which fosters various favourable conditions for SMEs, he added.

Minister Bholah dwelt on key measures including:  2020-2021 budgetary provision of Rs 10 billion to support distressed SMEs and Cooperative Societies ; Governmental  support for the first two years of operation of a “Made in Mauritius” warehouse set-up in Tanzania and Mozambique, to increase market accessibility in African countries ; and imposition of a minimum shelf space of 10% for locally manufactured goods in supermarkets

Furthermore, the Minister highlighted the need for SMEs to improve competitiveness and growth through improved productivity, better quality products, improved designs and innovative practices, to compete both in local and global markets.  

 

Government Information Service, Prime Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius. Email: gis@govmu.org  Website: http://gis.govmu.org  Mobile App: Search Gov​

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