Technology and Innovation Scheme (TINNS)
TINNS seeks to enable SMEs to
-continuously invest in Technology and automated production capabilities
-create technology based integrated and sustainable SMEs
2. Indicative list of what TINNS covers
-Website design and development
-Development of mobile application
-Social media integration and advertising
-New machinery and process improvement technologies
-Small equipment and accessories
-Anti-pollution, green and energy conservation technologies
-Solar PV panels
-Water treatment mechanisms
-Investment in A/C software, ERP software or similar tools
3. Grant Value under TINNS*
80% of total costs up to a maximum of Rs 150,000
For registered young and women entrepreneurs (29 years), a full grant up to Rs 50,000 is applicable for any productive equipment, excluding ICT
-be a duly registered SME
-have an annual turnover not exceeding Rs 50 Million
-be engaged in any legal value creating economic activity except pure trading
-hold a valid trade license
-must have been in operation for at least six months from the date of issue of BRN
In order to encourage continuous investment in Technology by SMEs, refunds will be entertained where SMEs have, in a previous financial year, benefitted from grants for similar purposes but not on an asset or a service that had previously been funded.
5. Contact details
For further information, call SME Mauritius on 2020040 or complete online application forms on https://smemu.org
*Notes to grant values
(1)Total grants within a specific scheme or across schemes will be capped to a maximum of Rs 150,000 for each eligible SME.
(2) Maximum values of grants may, wherever applicable, be adjusted to accommodate a higher number of beneficiaries.
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