fbpx
Financement

The Hunt for Investors, Part 2: Let’s meet Shweta Beeharee from the SME Partnership Fund Ltd.

The hunt for investors, Part 2 : Let's meet with Shweta Beeharee

Established in August 2006 in collaboration with the Development Bank of Mauritius and other major Mauritian commercial banks, the SME Partnership Fund Ltd is a Rs 170M Fund that invests in viable projects with significant growth potential across Mauritius.

On Thursday, 28th March, we sat down with Mrs Shweta Beeharee, a Senior Financial Analyst, to find out more about the SME Partnership Fund  Ltd.

 

 

How does SME Partnership Fund Ltd decide who to finance ?

From the onset of the interview, it is quite clear that SME Partnership Fund’s mission is to impact and fund as many startups as they can on the island. Actually, more and more Mauritian entrepreneurs venture out to kick-start their businesses, and the goal of SME Partnership Fund Ltd is to provide equity financing to these ventures. Their biggest criteria is that each business must have a majority of shareholders coming from Mauritius. Mrs Shweta informs us that as of 2006, the fund has been able to invest in more than 100 startups spread across Mauritius. She is proud to mention the fact that 60% of them have successfully launched into the Mauritian market.

 

Investing in more than just Small-Medium Companies

When asked to elaborate on the companies they invest in, Mrs Shweta mentions that the provision of equity funds is not just restricted to small-medium companies. Indeed, they occasionally extend their funds to other types of companies that they deem viable. SME Partnership Fund gives funds ranging between Rs 500,000 to Rs 25,000,000, provided that the venture meets its clear and detailed guidelines given on their website.

She further elaborates that investing in a business does not mean being involved in the running of its day-to-day activities. According to Mrs Shweta, SME Partnership Fund only gets involved when it comes to corporate governance to ensure that there are proper internal controls. She insists, through observing how previous businesses were conducted, that a lot of them fail to consider the management side of the businesses, which she says is quite crucial, and as such, they choose to spend more energy on the running of the business.

 

The hunt for investors, Part 2 : Let's meet with Shweta Beeharee

 

Challenges SME Partnership Fund faces by working with Startups

As the interview progresses, Mrs Shweta stipulates that some challenges faced by the Fund revolve around the non compliance of most businesses to submit necessary information about their financial record. She highlights how there had been a few cases of entrepreneurs not being completely honest about their intention when requesting funds. There are measures to prevent this from occurring, such as background checks on the entrepreneurs that can last up to 2 months. Going further, she explains that, despite the 60% success rate of their startups, one of the biggest downfall they have had to experience is the collapse of businesses which fail to plan properly. As a result, these businesses do not survive in the Mauritian market.

 

“Startups must lay out detailed business plans!”

Mrs Shweta’s biggest advice for Mauritian startups keen on acquiring funds from SME Partnership Fund Ltd, is to clearly lay out their business plans on paper to the utmost detail. She highlights that she has observed a lot of entrepreneurs reaching out to professionals to do it for them, but who usually end up not capturing what exactly an entrepreneur might have in mind. In most cases, they are willing to pay up to Rs 25,000 for such services, an amount that could have otherwise been invested in their start-up.

Mrs Shweta concludes the interview with a message to entrepreneurs interested in accessing funds :

“Every entrepreneur who follows the guidelines as detailed on the website, will easily access SME Partnership Fund.”

 

51 Comments

51 Comments

  1. Daron Bergouignan

    15 novembre 2019 at 2:52

    Awesome post. That was helpful

  2. tinyurl.com

    24 novembre 2019 at 12:19

    After I initially commented I seem to have clicked the -Notify me when new comments are added- checkbox and now whenever
    a comment is added I receive 4 emails with the
    exact same comment. Perhaps there is a means you can remove me from that
    service? Kudos!

  3. http://tinyurl.com/t2m7u2q

    24 novembre 2019 at 12:29

    Excellent post. I used to be checking continuously this blog
    and I’m inspired! Very useful info specifically the last part 🙂
    I maintain such information much. I used to be looking for this particular info for a long time.
    Thanks and good luck.

  4. coconut oil or

    25 novembre 2019 at 6:29

    Hey there are using WordPress for your blog platform?
    I’m new to the blog world but I’m trying to get started and set up my own. Do you require any coding expertise to make your own blog?
    Any help would be really appreciated!

  5. quest bars cheap coupon twitter

    3 décembre 2019 at 3:21

    Hello! This post could not be written any better!
    Reading this post reminds me of my good old room
    mate! He always kept talking about this. I will forward this page to him.
    Pretty sure he will have a good read. Many thanks
    for sharing!

  6. quest bars cheap coupon twitter

    3 décembre 2019 at 12:37

    I like the helpful info you provide in your articles.
    I’ll bookmark your weblog and check again here regularly.
    I am quite sure I will learn plenty of new stuff right here!
    Best of luck for the next!

  7. mobile legends hack

    4 décembre 2019 at 1:42

    obviously like your web-site however you need to test the spelling on several of your posts.
    Many of them are rife with spelling issues and I in finding it very bothersome to tell the reality then again I will definitely come again again.

  8. quest bars cheap

    4 décembre 2019 at 4:27

    Hey there just wanted to give you a brief heads up and let you
    know a few of the images aren’t loading correctly. I’m not sure why but I think
    its a linking issue. I’ve tried it in two different internet browsers and both show the same outcome.

  9. 9 t-shirts for the price of 3

    4 décembre 2019 at 8:21

    I am curious to find out what blog system you have been utilizing?
    I’m having some minor security problems
    with my latest website and I’d like to find something more
    secure. Do you have any recommendations?

  10. mobile legends x borg reddit

    6 décembre 2019 at 7:26

    I am curious to find out what blog system you’re working with?
    I’m having some minor security problems with my latest blog
    and I would like to find something more risk-free. Do you have any suggestions?

  11. ps4 games

    6 décembre 2019 at 9:17

    This site was… how do I say it? Relevant!! Finally I
    have found something which helped me. Thank you!

  12. ps4 games

    12 décembre 2019 at 12:48

    Wow that was odd. I just wrote an very long comment but after I clicked submit my comment didn’t show up.
    Grrrr… well I’m not writing all that over again. Anyways, just wanted to
    say excellent blog!

  13. ps4 games

    12 décembre 2019 at 11:19

    Hi there, the whole thing is going fine here and ofcourse every one is
    sharing facts, that’s truly excellent, keep up writing.

  14. Typicalcat60

    26 décembre 2019 at 9:06

    Wow! This could be one of the most useful blogs we’ve ever come across on thesubject. Actually wonderful article! I’m also an expert in this topic so I can understand your hard work.

  15. how to get help in windows 10

    28 décembre 2019 at 9:02

    Howdy I am so excited I found your blog, I really found you by error, while I was looking
    on Askjeeve for something else, Regardless I am here now and would just like to say
    thank you for a tremendous post and a all round interesting blog (I also love the theme/design), I don’t have time to look over it all at the moment
    but I have saved it and also included your RSS feeds, so when I have time I will be back to read much more, Please do keep up the fantastic job.

  16. Shocking free luxury canada

    28 décembre 2019 at 4:19

    Heya i’m for the first time here. I came across this

  17. plenty of fish vs match.com free trial

    30 décembre 2019 at 2:39

    I know this if off topic but I’m looking into starting
    my own weblog and was curious what all is required to get
    set up? I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% certain. Any recommendations or advice
    would be greatly appreciated. Many thanks

  18. Ramona Elizalde

    3 janvier 2020 at 2:44

    Hey there. I found your website via Google even as looking for a comparable topic, your website came up. It seems to be good. I’ve bookmarked it in my google bookmarks to visit then.

  19. free cialis medication for providers

    3 janvier 2020 at 5:14

    Hello, tender thanks you looking for information! I repost in Facebook

  20. I know this if off topic but I’m looking into starting my own blog and
    was wondering what all is required to get set up?

    I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% sure. Any tips or advice would
    be greatly appreciated. Cheers

  21. EverettZek

    10 janvier 2020 at 3:14

    Hello, thank you looking for facts! viagra problem http://viapwronline.com I repost in Facebook.
    how does viagra work

  22. Johnny Pabloh

    13 janvier 2020 at 6:16

    This is a same signal post. Thanks quest of posting this.

    What do you believe close by my website: https://crearesitebucurestii.blogspot.com/

  23. PeterBuids

    13 janvier 2020 at 4:02

    Hello, as a result of you http://cialisxtl.com quest of tidings! cialis coupons 2019
    viagra online

  24. Johnny Andygi

    13 janvier 2020 at 9:53

    This is a to a great extent signal post. Thanks for posting this.

    What do you believe close by my website: https://crearesitedeprezentarebucurestix.blogspot.com/

  25. John Giudihe

    14 janvier 2020 at 6:53

    This is a same signal post. Thanks quest of posting this.

    What do you believe nearby my website: web design bucuresti

  26. sling tv

    15 janvier 2020 at 3:26

    My brother suggested I might like this web site. He was
    totally right. This post actually made my day.
    You can not imagine just how much time I had spent for this info!
    Thanks!

  27. Sarah Elizah

    15 janvier 2020 at 6:33

    Hello ! This is a quite compelling dispatch that you made

    Save up it up ! Luxury interior design companies

  28. Leighann Ebia

    16 janvier 2020 at 1:27

    Hello, Neat post. There’s a problem along with your site in internet explorer, would test this¡K IE nonetheless is the market chief and a huge element of people will miss your wonderful writing because of this problem.

  29. Waynejethy

    17 janvier 2020 at 8:10

    Cialis buy cialis online generic cialis available

  30. StevSkix

    20 janvier 2020 at 1:06

    Cialis Cuanto Dura Cialis Xenical Prix Maroc

  31. Waynejethy

    20 janvier 2020 at 11:40

    Cialis cialis 20 image generic cialis no doctor’s prescription

  32. Tyrell Youst

    21 janvier 2020 at 2:04

    I get so much lately it’s driving me mad so any

  33. Erminia Lambey

    24 janvier 2020 at 9:46

    Do you have any video of that? I’d want to find out

  34. Byron Rutecki

    25 janvier 2020 at 10:31

    retin a buy cheap levitra online cialis pro synthroid brand Furosemide For Sale Acyclovir xenical price of prednisone inderal prednisolone cost

  35. Waynejethy

    26 janvier 2020 at 9:46

    Cialis is generic cialis safe does viagra or cialis help with pe

  36. Crista Downham

    27 janvier 2020 at 3:40

    Right now it looks like Drupal is the best blogging platform available right now. (from what I’ve read) Is that what you are using on your blog?

  37. Waynejethy

    28 janvier 2020 at 7:02

    Cialis cialis dosage 40 mg dangerous cialis prices

  38. sling tv

    29 janvier 2020 at 4:47

    continuously i used to read smaller posts which as well clear their motive, and that is also happening with this paragraph which I am
    reading at this place.

  39. Rochelle Frappier

    30 janvier 2020 at 2:40

    It¡¦s actually a cool and helpful piece of info. I¡¦m glad that you simply shared this helpful information with us. Please stay us informed like this. Thanks for sharing.

  40. Shella Khamo

    31 janvier 2020 at 10:01

    Very good article.Thanks Again. Really Cool.

  41. RobertIcofe

    1 février 2020 at 9:07

    is it safe to order viagra online can cialis pills split female cialis pills

  42. RobertIcofe

    4 février 2020 at 8:32

    viagra buy online usa cheap viagra ireland female pink viagra 100mg pills about

  43. viagra españa

    4 février 2020 at 11:45

    Entre las pruebas más usuales se encuentran los análisis de sangre para comprobar el nivel de hormonas masculinas, la posible presencia de azúcar alto en la sangre, niveles de homocisteína y exploraciones físicas para detectar cualquier posible tumor o anomalía genital.

  44. comprar cialis

    5 février 2020 at 1:33

    Otra razón más simple podría ser la distracción. Especialmente el fumar y un consumo de alcohol elevado son agravantes. Comprar cialis españa

  45. buy cialis

    7 février 2020 at 8:08

    Howdy! I just would like to give you a huge thumbs up for the great information you
    have right here on this post. I will be returning to your web site for more
    soon.

  46. RobertIcofe

    7 février 2020 at 4:29

    viagra sale calgary cheap cialis next day shipping herbal viagra sale ireland

  47. disfunción eréctil

    7 février 2020 at 5:20

    Lo que estás a punto de aprender cambiará tu vida para siempre. A impotência sexual afeta na sua maioria homens entre os 50 e os 80 anos, e além de prejudicar a saúde sexual e íntima do homem, pode também trazer outros problemas psicológicos como a depressão, contribuindo por isso para uma diminuição da qualidade de vida. https://impotencia.space/

  48. RobertIcofe

    10 février 2020 at 5:25

    cheap viagra london viagra cialis viagra prescription

  49. Tupunlila

    15 février 2020 at 2:01

    safe place to buy levitra does cialis lower your blood pressure real cialis for sale

  50. Tupunlila

    18 février 2020 at 12:46

    buy viagra online england canadian viagra cialis cialis sale us

  51. Tupunlila

    20 février 2020 at 4:55

    is it illegal to order cialis online cialis reps do need prescription order viagra

Leave a Reply

Votre adresse de messagerie ne sera pas publiée.

To Top

Inscris-toi à la newsletter

pour recevoir chaque semaine l'actualité

de l'innovation et des startups dans l'Océan Indien !