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This paper deals with small and medium enterprises in developing countries: how to raise funds and capital to promote social entrepreneurship in the country? Through a contextual approach the author tries to demonstrate how some legal aspects and some institutions have Improved this emerging sector in Mauritius coupled with financial market regulations and investment laws. This article also reflects to what extent some legal aspects of entrepreneurship are important to promote a better environment for clustering small and medium enterprises in developing countries.

Keywords

SMEs, Legal and Institutional Framework, Funds and Capital.
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