SME Venture Capital Fund
A new venture capital fund of about Rs 500 million to take equity in growth SMEs and start-ups
My dashboardA new venture capital fund of about Rs 500 million to take equity in growth SMEs and start-ups
At a glance
A new Budget 2026-2027 measure: a venture capital fund of about Rs 500 million to take equity stakes in growth and transformative SMEs and start-ups, building on the SME Equity Fund vehicles. It comes paired with a coming SME Bill and a single SME Mauritius digital platform. This is announced only for now; no guidelines, ticket sizes or application process have been published.
Budget 2026-2027 announced a brand new SME Venture Capital Fund, a bigger and bolder sibling of the SME Equity Fund. The idea is a dedicated pool of risk capital that takes equity stakes in growth SMEs, transformative businesses and start-ups, instead of asking them to borrow and repay.
The fund is sized at about Rs 500 million. No investment ticket sizes, stake limits or sector rules have been published yet. It comes as part of a package with a coming SME Bill and a single SME Mauritius digital platform that should become the one door for all SME support.
Expect it to target Mauritian-owned SMEs and start-ups, citizens and residents, with genuine growth or transformation plans that need financing. The exact eligibility rules will only be known when the guidelines are issued.
You cannot apply yet. Keep an eye on SME Mauritius, the DBM and the Finance Bill that follows the Budget, and use the waiting time to get your accounts, business plan and pitch investment-ready so you are near the front of the queue when the window opens.
Watch out for this
Watch out for the gap between announcement and reality: this is a Budget speech measure, not a live scheme, and Rs 500 million across the whole country will go quickly once it launches. Do not build your financing plan around it until the guidelines are published, and treat the existing SME Equity Fund as your working option in the meantime.
No application is possible yet. Monitor SME Mauritius, the coming SME Bill and the single SME digital platform for the guidelines, and prepare your accounts and growth plan in the meantime so you can move fast when it opens.
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