SEYCHELLES: APPLICATIONS OPEN FOR SMALL AND MEDIUM SIZED BUSINESS GRANTS.
27.06.2017-Victoria/ APPLICATIONS OPEN FOR SMALL AND MEDIUM SIZED BUSINESS GRANTS
A hundred businesses are expected to be benefit with a Rs. 50 Thousand grant per year until 2021 through the Small and Medium sized Business grant.
A Rs. 25 Million fund has been set aside for the 5-year scheme supporting local start up businesses. Applicants have until the 21st July to submit their applications to a newly established committee set up specifically to assess the applications.
Brian Nicette and Sheriffa Morel have been named as Chairperson and Vice Chairperson of the committee respectively.
The Principal Secretary for Entrepreneurial Development and Business innovation, Pamela Charlette explained the main functions of the committee. "The committee will be there to assess the applications; to monitor and to evaluate the project itself how it’s going and how the funds have been used within.”
Application forms are available at the Ministry of Finance; the Ministry of Employment and Entrepreneurship Development and Business Innovation and at the SENPA building at Camion Hall on Mahe. The forms can be collected at the SENPA office at the Pension Fund complex on Praslin and at the Employment Office at La Passe, La Digue.
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