Fast Track Innovation Initiatives

The Call for Applications for Fast-Track innovation initiatives is aimed at supporting short term innovative projects in thematic areas. The ultimate objective of any proposed project should be the development or improvement of products or techniques that will benefit the economy or provide potential solutions to social challenges.

"As a result of the COVID-19 pandemic, many countries including the Republic of Mauritius are confronted with a slow/fragile economic recovery while contending with issues such as food security, sustainability and adoption of technologies.


In order to improve and accelerate the response to the economic and social challenges brought about by the current crisis and improve the country’s resilience to unforeseen situations, the Council is launching a Call for Applications for Fast-Track innovation initiatives aimed at supporting innovative projects in thematic areas.


The thematic areas that will be considered for funding are as follows:

  • Emerging Sectors 

Indicative Areas include Artificial Intelligence, Internet   of       Things, Blockchain, Fintech, Robotics


  • Smart Agriculture

Indicative Areas: Field Management, Automated Crop Management, Precision Agriculture, Bio-fertilisers, Nutraceuticals

  • Circular Economy

Indicative Areas include: Alternative to Plastics, Sustainable Materials, Upcycling, Recycling, Reuse


  • Inclusive Innovation

Social Entrepreneurship, Poverty Alleviation, Women Empowerment, Mainstreaming of vulnerable groups


Deadline for applications has been extended to : Monday 29th March 2021 for funding of up to MUR 1 Million


For any queries, please contact us on fii@mric.mu


Click here for more information


 

Date: 24th February 2021