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7/31/2019 Mauritius (Entrepreneurship Development)
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Mark Twain:
Mauritius was made first,and then Heaven; and Heaven
was later copied afterMauritius."
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Location Situated in the South West Indian Ocean Islands within boundaries of Mauritius : Rodrigues
Agalega Islands
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Geography & Climate
Volcanic Origin
Area of1865 sqkm Highest Peak of828 m
Population:
1.2 million
(2008 est.)
Port-Louis (Capital)
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History
Discovered by Arab and Portuguese
Sailors
The Dutch settlement (1598-1710)extermination of DODO
1715 French took possession of the
Island
Colonization until 1810, slaves brought to work
1810- 1968 British has ruled
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People
Concept of Rainbow Island
Ethnic groups:
Indo-Mauritians 68%, Christians 27%,Sino-Mauritians 3%, Franco-Mauritians 2%
Religions: Hindu, Christian, Muslim
Languages: English, French, Creole (local dialect)
Education system: British education system
Work force: Manufacturing--27%; trade and tourism--19.6%;government services--11%; agriculture and fishing--9.4%; other--33%
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Economy
Currency: Rs 1 MAU= Rs 1.75 IND
Developed from low-incomemonocrop economy to middle-income
diversified economy.
Economic pillars : tourism, sugarcane plantation,textiles and financial services.
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Contd
Growing as a cyber island
Mauritius has the sixth-highest GDP per capita inAfrica
Ranks first among all countries in FDI inflows to India
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Entrepreneurship in Mauritius Followed a successful historical path
Introduction of potential of entrepreneurship in thecountrys economic dev. Strategy in 1970s
Reasons:-Severe economic recession
-unemployment rate of 20%
-large enterprises were unable to create new jobs
Need for productive employment-directing naturalresources towards small enterprise
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Development of Small-Medium
Enterprise (SME) Supported by Govt. with an enabling environment
Elements for development of SME:
-Creation of Small Scale Industrial Units (1975):
identify projects, economic &technical guidance-Setting up of Small Industries DevelopmentOrganization (1983): promotion of small-scaleindustry, feasibility studies, service & information
-Small Scale Industries Act (1988)
-Upgrading of the Act to Small and Medium IndustriesDevelopment Organization (SMIDO) Act (1993): newboost to SME
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Women in Employment Played an active role in economic development since
independence
Creation of EPZ in 1970s-large scale entry of women
into labor force 1985-2005: no. of women in full-time employment rose
by 81%
Represent 51% of the population & 35% of the labor
force
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Women Entrepreneurs in Mauritius Sopported by Govt (Ministry of Womens Rights, Child
Development and Family Welfare- MWRCDFW)
Mostly into service sector and non-manualoccupations
Acc. To a survey by MWRCDFW in 2002:
- motivating reasons for starting business: willingnessto succeed & acquire financial & personal autonomy
-50% in age group 35-45yrs-45% followed tertiary education
-Annual turnover- Rs. 100,000 to Rs. 20 millions
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International Labour Organization
(ILO) findings:
2 categories of women entrepreneurs in Mauritius:
1) Potential Group those having educational,behavioral & socio-economic profile for success as an
entrepreneur, need guidance to continue their chosenpath
2) Transition Group low level redundant workerswhose lack of basic skills & attitudes need to be
addressed before their potential as entrepreneur canbe revealed
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MWRCDFW programmes:
Women Entrepreneurship Unit offering information,advice, training, finance (through the Micro-creditScheme)
2 Market Centres to help women entrepreneurs tomarket their products
Common Facility Centre which provides equipmentfacilities as well as training programmes
National Competition of Women Entrepreneurs A guide for Women Entrepreneurs entitled Etre
Femme et Etre Entrepreneur Maurice
National Women Entrpreneur Council (NWEC)
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