Starting a business is not easy; It takes the will, motivation and patience of an individual to start his/her business. There are five important steps that an individual need to carefully follow carefully so that he/she can start and successfully sustain a business:

 

Step 1

Step 1

Choose a business by analyzing your own passion and skills and the needs of the people.
Step 2

Step 2

Train and inform yourself on opportunities that are available.
Step 3

Step 3

Prepare a Business Plan.
Step 4

Step 4

Make your Business official by officially registering it.
Step 5

Step 5

Seek Funding for your Business.

This booklet provides a detailed guidance on each step.

Government has also put in place a scheme to kick start businesses  – The Seed Capital Grant Scheme. To apply for the Scheme, please follow this link or contact Enterprise Seychelles Agency on (+248) 4289050.

When a business is establishing its presence in the marketplace, protecting and managing its creation or intellectual property is critical as it can determine its success. In Seychelles, IP is mainly governed by the Industrial Property Act 2014 and the Copyright Act 2014. Those laws can be found on SeyLII and on the Seychelles Trade Portal.

The following illustration outlines the steps that needs to be followed and the contacts points for IP registration: