Unlocking Innovation in Mauritius: A Guide to MRIC Funding Schemes for Research and Development

The Mauritius Research and Innovation Council (MRIC) provides various funding schemes aimed at fostering research, development, and innovation across different sectors in Mauritius. These schemes target entrepreneurs, researchers, academics, and businesses, encouraging collaboration and creativity to drive sustainable growth and technological advancement. Here’s an overview of key MRIC schemes:

1. Collaborative Research and Innovation Grant Scheme (CRIGS):
CRIGS promotes collaboration between academia, industry, and research institutions to address national challenges and improve competitiveness. This scheme supports applied research projects that demonstrate potential for commercialization, offering grants to multi-disciplinary teams working on innovative solutions.

2. National Research and Development (R&D) Programme:
This scheme encourages applied research that aligns with the national development priorities of Mauritius. It is open to public and private sector organizations that conduct research in fields like healthcare, agriculture, renewable energy, and technology. Projects under this programme must have clear societal or economic benefits and the potential to scale.

3. Proof of Concept (PoC) Scheme:
The PoC scheme focuses on early-stage innovations that require validation before moving to commercialization. It provides funding to test and demonstrate the feasibility of innovative ideas, helping inventors bridge the gap between concept and market-ready product. It is particularly relevant for startups and researchers.

4. SME Development Scheme:
This scheme targets Small and Medium Enterprises (SMEs) with innovative ideas. It provides financial support to develop and scale innovations, enabling SMEs to enhance their competitive advantage and contribute to the broader economy. The scheme also fosters innovation-led growth and entrepreneurship within Mauritius.

5. Public-Private Partnership (PPP) for Innovation:
The PPP scheme is designed to stimulate innovation by encouraging partnerships between the public and private sectors. It promotes joint ventures and co-funded research projects that contribute to the development of critical sectors such as ICT, healthcare, and green technologies.

6. International Collaboration Grant Scheme:
This scheme aims to enhance Mauritius’ global research network by funding collaborative projects between Mauritian researchers and international partners. It encourages knowledge exchange, capacity building, and the development of solutions to global challenges while strengthening the local research ecosystem.

7. Research Fellowship Programme:
The MRIC also supports young researchers through its fellowship programme, providing opportunities for postgraduate students to engage in research projects in priority areas. This scheme not only fosters talent but also contributes to the generation of new knowledge and innovative solutions.

8. Innovation Boost Scheme (IBS):
IBS supports startups and entrepreneurs by providing funding to accelerate the commercialization of innovative ideas. It aims to reduce the risk of early-stage ventures, helping them develop prototypes, conduct market studies, and bring their products or services to market.

Each of these schemes is designed to address different stages of the innovation cycle, from idea generation and validation to commercialization. By offering financial support and fostering collaboration across sectors, the MRIC is playing a critical role in positioning Mauritius as a leader in research and innovation in the region.

For more information on eligibility criteria, application processes, and deadlines, visit the MRIC website.