Home » HSBC Mauritius participates in Group’s Female Entrepreneurs Fund to the tune of Rs 30m
News Release

HSBC Mauritius participates in Group’s Female Entrepreneurs Fund to the tune of Rs 30m

Dean Lam, Managing Director and Head of Wholesale Banking at HSBC

HSBC Group has launched the Female Entrepreneur Fund which will make available  up to US$1bn in lending to eligible female-owned businesses over the next 12 months in 15 markets including Mauritius. HSBC Mauritius will participate up to an amount of MUR 30 million in the Female Entrepreneur Fund and the HSBC Roar programme to support Mauritian female entrepreneurs.

This comes alongside the introduction of the HSBC Roar initiative, which enables  female entrepreneurs to access a series of events which includes Masterclasses hosted by experienced business leaders, tailored networking sessions with major companies in markets where the  Fund operates, insights from the investor community and the opportunity to pitch to angel  investors and Bespoke advisory for female entrepreneurs from experienced HSBC  banker

These initiatives aim to break down the barriers faced by female entrepreneurs and  provide the infrastructure and support to help them scale and grow their businesses.  

Dean Lam, Managing Director and Head of Wholesale Banking at HSBC, said:  “We are delighted to announce that HSBC Mauritius will participate up to an amount  of MUR30m* in the Female Entrepreneur Fund and the HSBC Roar programme, to  help address the challenges and bias that female leaders may face. As the Balance  Ambassador for HSBC Mauritius, aiming to reduce gender inequality, I welcome this  initiative.  As the global economy continues to rebuild from the impact of the pandemic, small  and medium-sized businesses will continue to be the bedrock on which our economies  and local communities are built, meaning we need to ensure that those led by women  are given the support to fulfill their full potential.” 

The HSBC Female Entrepreneur Fund will be open to both new and existing HSBC  customers. Any female founder who is in an eligible market and meets the criteria of  how HSBC defines women-led or founded businesses, may apply.