Mauritius

June 18, 2013

Start-Up: Xavier-Luc Duval Announces Ebony Accelerator for July 15

This project is intended to help young entrepreneurs to become creators of wealth, according to the VPM and Minister of Finance

The Deputy Prime Minister and Finance Minister Xavier-Luc Duval, launched the "Ebony Accelerator" project, which aims to help young entrepreneurs in the creative mind but do not have the requisite technology this morning to start their own business . "We want to create a nation of entrepreneurs, not just a nation of employees," he said at a press conference this morning by saying that Ebony Accelerator, which starts on July 15, listed budgetary measures announced last November.

"We are developing models that are already applied in other countries, such as South Africa, for example," he said before giving the details of the project. It is mounted in collaboration with Mauritius Telecom is to provide workspaces with an area of 4000 square feet in Orange Tower, Ebony, about sixty young entrepreneurs who want to get into startups Development technological applications, aided by various companies sponsoring the project. Mr. Duval said that every entrepreneur has at his disposal a desk working in an open space where a sharing of knowledge will be preferred. "We put everyone in the same space as we want to encourage cross-fertilization of entrepreneurship," he added.

Regarding costs, the Contractor will have to pay anything in the first four months. While it will be free. Then, he will pay Rs 10,000 per month for four months and finally Rs 20,000 per month. The contractor will have available a package that includes an ability to connect in WIFI mode 100 Mgbit within optical fiber, 10 MG internet and service database, more knowledge, advice and mentoring that will be provided by experts from world renowned companies at the rate of three hours per month. Furniture and cleaning service as well as the guard are also included in the package. "If the project works, other spaces shall be provided elsewhere in the country for similar projects," suggested the Deputy Prime Minister and Minister of Finance. Young entrepreneurs will be expected to apply soon for this project and the selection will be based on meritocracy, assured Mr. Duval.

Xavier-Luc Duval said this is consistent with the approach of the government project since 2005 to democratize the economy. He conceded that Maurice is "a little" behind in terms of innovation. "We are not very strong in this area. We did that human resources will become an innovative nation to increase our wealth, "he said. He added that "we rely on young people, we believe, have the ability and creativity to grow."

For his part, the CEO of Mauritius Telecom, Sarat Lallah, said that young entrepreneurs can work on the creation of new mobile applications. "We offer them the opportunity to use their creativity and explore the market demand and to create things that people can use," he said.

 

Text by Le Mauricien
 

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