{"id":694,"date":"2018-12-19T12:42:46","date_gmt":"2018-12-19T08:42:46","guid":{"rendered":"https:\/\/pro-mauritius.com\/?page_id=694"},"modified":"2019-11-22T16:05:38","modified_gmt":"2019-11-22T12:05:38","slug":"innovation-hub","status":"publish","type":"page","link":"https:\/\/pro-mauritius.com\/home\/why-mauritius\/innovation-hub\/","title":{"rendered":"Innovation Hub"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Hero Section” _builder_version=”3.22″][et_pb_fullwidth_header title=”Fit for the future” subhead=”Technology & Innovation Hub” background_overlay_color=”rgba(0,0,0,0.53)” content_max_width=”550px” _builder_version=”3.16″ title_level=”h3″ title_font=”Verdana|700||on|||||” title_text_color=”#edbb5f” title_font_size=”14px” title_letter_spacing=”2px” title_line_height=”1.4em” content_font=”Verdana|600|||||||” content_font_size=”16px” content_line_height=”2em” subhead_font=”Times New Roman|700||on|||||” subhead_font_size=”48px” subhead_letter_spacing=”3px” subhead_line_height=”1.4em” background_color=”rgba(255,255,255,0)” background_image=”https:\/\/pro-mauritius.com\/wp-content\/uploads\/2018\/12\/disruptive_tech.jpg” parallax=”on” parallax_method=”on” custom_button_one=”on” button_one_border_width=”1px” button_one_border_color=”rgba(255,255,255,0.3)” button_one_border_radius=”0px” button_one_letter_spacing=”1px” button_one_font=”Saira Extra Condensed|600||on|||||” button_one_icon=”%%3%%” button_one_icon_color=”#edbb5f” custom_button_two=”on” button_two_border_width=”1px” button_two_border_color=”rgba(255,255,255,0.3)” button_two_border_radius=”0px” button_two_letter_spacing=”1px” button_two_font=”Saira Extra Condensed|600||on|||||” button_two_icon=”%%3%%” button_two_icon_color=”#edbb5f” module_alignment=”right” custom_margin=”|||” custom_padding=”8%||260px|” button_one_text_color_hover=”#edbb5f” button_two_text_color_hover=”#edbb5f” button_one_bg_color_hover=”rgba(0,0,0,0)” button_two_bg_color_hover=”rgba(0,0,0,0)” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_one_text_color__hover_enabled=”on” button_one_text_color__hover=”#edbb5f” button_two_text_color__hover_enabled=”on” button_two_text_color__hover=”#edbb5f” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_one_bg_color__hover_enabled=”on” button_one_bg_color__hover=”rgba(0,0,0,0)” button_two_bg_color__hover_enabled=”on” button_two_bg_color__hover=”rgba(0,0,0,0)”]

 <\/p>\n

Mauritius encourages innovators to setup technology and fintech companies under the Regulatory Sandbox License Scheme.<\/p>\n

The Mauritius Research Council offers various Innovation and Commercialisation Schemes.<\/span><\/p>\n

<\/h2>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”FAQ” _builder_version=”3.22″ custom_padding=”30px|0px|0|0px|false|false”][et_pb_row use_custom_gutter=”on” gutter_width=”4″ custom_padding=”27px|0px|11px|0px|false|false” _builder_version=”3.25″ animation_style=”fade” locked=”off”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.26.3″ text_font=”||||||||” header_font=”|700|||||||” header_2_font=”Times New Roman|700|||||||” header_2_font_size=”38px” header_2_letter_spacing=”1px” header_2_line_height=”1.4em” header_3_font=”Verdana|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”14px” header_3_letter_spacing=”1px” header_3_line_height=”2em” header_4_font=”||||||||” header_5_font=”||||||||” header_6_font=”||||||||” text_orientation=”center” max_width=”800px” module_alignment=”center” header_font_size=”38px”]

Mauritius as an innovation hub<\/h1>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”4″ custom_padding=”27px|0px|11px|0px|false|false” _builder_version=”3.25″ animation_style=”fade” locked=”off”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.26.3″ text_font=”||||||||” header_font=”||||||||” header_2_font=”Times New Roman|600|||||||” header_2_font_size=”30px” header_2_letter_spacing=”1px” header_2_line_height=”1.4em” header_3_font=”Verdana|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”14px” header_3_letter_spacing=”1px” header_3_line_height=”2em” header_4_font=”||||||||” header_5_font=”||||||||” header_6_font=”||||||||” text_orientation=”center” max_width=”700px” module_alignment=”center”]

Regulatory Sandbox Licence (RSL)<\/h2>\r[\/et_pb_text][et_pb_text _builder_version=”3.15″ text_font=”||||||||” ul_font=”||||||||” ul_line_height=”1.5em” ol_font=”||||||||” ol_line_height=”1.5em”]

The Regulatory Sandbox Licence framework is pivotal for the development of innovative products and services, including fintech-enabled services, for which there are currently no regulatory structure under Mauritian Law. The RSL will be issued by the Economic Development Board<\/a>.<\/p>\n

Currently, the RSL is sought after by new businesses based on blockchain technology. Innovative companies can operate without running any risk resulting from unclear laws or lack of regulations.<\/p>\n

The Mauritius Sandbox license<\/a> is one of the best in the world, offering the entrepreneur the legal certainty and economic freedom that he is looking for.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”3.25″][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider _builder_version=”3.15″][\/et_pb_divider][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”4″ custom_padding=”20px|0px|0px|0px|false|false” _builder_version=”3.25″ animation_style=”fade” locked=”off” column_structure=”3_4,1_4″][et_pb_column type=”3_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text module_id=”indiv-tax” _builder_version=”3.26.3″ text_font=”||||||||” header_font=”||||||||” header_2_font=”Times New Roman|600|||||||” header_2_font_size=”30px” header_2_letter_spacing=”1px” header_2_line_height=”1.4em” header_3_font=”Verdana|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”14px” header_3_letter_spacing=”1px” header_3_line_height=”2em” header_4_font=”||||||||” header_5_font=”||||||||” header_6_font=”||||||||” text_orientation=”center” max_width=”550px” module_alignment=”center” custom_margin=”0px||2px|” custom_padding=”0px||0px|”]

Innovation and Commercialisation Schemes<\/strong><\/span><\/h2>\n[\/et_pb_text][et_pb_divider color=”#edbb5f” divider_weight=”2px” _builder_version=”3.15″ max_width=”60px” module_alignment=”center” height=”2px” custom_margin=”0px|||” custom_padding=”1px|||”][\/et_pb_divider][et_pb_text _builder_version=”3.15″ text_font=”||||||||” text_font_size=”16px” text_orientation=”center”]

“Shaping up the Mauritius of tomorrow through research, technology and innovation<\/span>“<\/p>[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/pro-mauritius.com\/wp-content\/uploads\/2018\/12\/mrc_logo.png” show_bottom_space=”off” align=”right” align_tablet=”center” align_last_edited=”on|desktop” _builder_version=”3.23″ custom_margin=”0px|||” custom_padding=”0px|||”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding=”8px|0px|27px|0px|false|false” _builder_version=”3.25″][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.26.3″]

The Mauritius Research Council (MRC)<\/strong> acts as a central body to advise Government on Science and Technology issues and to influence the direction of technological innovation by funding research projects in areas of national priority and encouraging strategic partnerships.<\/p>\n

The MRC offers\u00a0several Innovation and Commercialisation Schemes<\/strong> as follows:<\/span><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”3.25″ box_shadow_style=”preset1″ column_structure=”1_4,1_4,1_4,1_4″][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||20px” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.15″]

Intellectual Property Promotion Scheme (IPPS)<\/strong><\/p>\n

The purpose of this scheme is to encourage individuals, enterprises, industry and R&D institutions to take advantage of the mechanisms for protecting innovation currently offered by the industrial property system in Mauritius.<\/p>[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.15″]

National SME Incubator Scheme (NSIS)<\/span><\/span><\/strong><\/p>\n

The main aim of the NSIS is to encourage the creation of Innovative businesses for the socio-economic benefit of the Republic of Mauritius through a nurturing and training process in a conducive environment provided by Accredited Incubators driven by the private sector. The Accredited Incubators will select, coach and mentor innovative business start-ups as early as the idea stage. The NSIS will fund (on a 50:50 matching grant basis) Accredited Private Sector Incubators.<\/span><\/p>[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|20px||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.15″]

Proof of Concept Scheme (PCS)<\/span><\/span><\/span><\/strong><\/p>\n

Enterprises, entrepreneurs, researchers, as well as institutions, are invited to submit applications in line with the following priority areas:<\/div>\n
\u00a0<\/div>\n
Renewable Energy; Ocean Technology, Ocean Resources and Ocean Services; ICT\/BPO\/Telecommunications; Life Sciences (Health, Medical and Pharmaceutical); Manufacturing; Traffic Management; Social Issues; and Agro-Industry.<\/div>\n

 <\/p>[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.15″]

Research and Innovation Bridges<\/span><\/span><\/span><\/span><\/strong><\/p>\n

Collaborative applications from consortia of company(ies), Research Organisation\/ \/Academic Institution from Mauritius and Partner Countries, for innovative, collaborative research and development projects with commercial potential, being in line with the following priority areas:<\/p>\n

1. Renewable Energy
2. Ocean\/Marine Technology, Resources and Services
3. ICT\/BPO\/Telecommunications
4. Life Sciences
5. Manufacturing<\/span><\/span><\/p>\n

 <\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”3.25″][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” _builder_version=”3.15″][\/et_pb_divider][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"

  Mauritius encourages innovators to setup technology and fintech companies under the Regulatory Sandbox License Scheme. The Mauritius Research Council offers various Innovation and Commercialisation Schemes. Mauritius as an innovation hub Regulatory Sandbox Licence (RSL) The Regulatory Sandbox Licence framework is pivotal for the development of innovative products and services, including fintech-enabled services, for which […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":344,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"yoast_head":"\nMauritius as an Innovation Hub for technology companies - Pro Mauritius<\/title>\n<meta name=\"description\" content=\"Mauritius allows setting up technology and fintech companies under the Regulatory Sandbox License and other Innovation and Commercialisation Schemes\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pro-mauritius.com\/home\/why-mauritius\/innovation-hub\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mauritius as an Innovation Hub for technology companies - 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