In the budget speech, paragraph 369, provision has been made to provide a grant to finance the participation of SMEs in international fairs up to a maximum of Rs. 200,000 per year.
The Participation in International Fairs Grant Scheme (PIFGS) is meant to assist companies/enterprises which are already exporting or export ready. Enterprise Mauritius will provide eligible companies/enterprises from the manufacturing and agricultural sectors with a financial assistance to meet part of expenses in relation to their participation in International Fairs. The grant covers the costs of stand, air ticket and accommodation. Eligible companies/enterprises may benefit up to a maximum of Rs. 200,000 per year, irrespective of the number of trade fairs they attend.
Eligible Costs for Refund under the Scheme include:
Documents to be submitted with Application Form
Eligible companies/enterprises should submit an application to EM on the prescribed form together with the supporting information and documents listed below:
On receipt of a complete Application Form from an eligible company/enterprise, EM shall submit the information to the Project Evaluation and Monitoring Committee which shall process the same within 3 weeks and inform the applicant of the outcome accordingly.
Processing of Application
The application form can either be:
Collected at the reception desk of Enterprise Mauritius located on the 7th Floor, St James Court, St Denis Street, Port Louis. Or Fill the Online the registration form above.
Project Evaluation and Monitoring Committee
A Project Evaluation and Monitoring Committee has been set up under the chairmanship of Enterprise Mauritius for processing and evaluation of all applications.
Once a project is recommended for approval by the Project Evaluation and Monitoring Committee, the applicant will be issued a letter of intent.
After attending the fair, the applicant should submit a Claim Form along with the following supporting documents:
EM will refund the costs incurred within 14 working days of receipt of all relevant documents supporting the claim and subject to all conditions being met.
The approval of a grant under this scheme shall be deemed to have lapsed if the company/enterprise fails to participate in the trade fair for which approval is granted and/or if the company/enterprise has provided false or misleading information at the time of application.
Applications for Approval of Grant
All application forms should be duly filled and submitted along with the required documents at least ONE month before the applicant’s participation to allow for timely processing and approval of the grant.