In the last 3 years, start-ups have been generating a growing interest in Morocco among public institutions, international organizations and corporates. At the African level, startups have managed to attract more than $1 billion in investments from international venture capital players in 2018, which clearly demonstrates their economic and societal impact.
Today, Morocco has the ambition to build a competitive start-up ecosystem, and start-up support structures will play a key role in achieving this objective. In France, for example, 200 million euros of financing have been injected into incubators and accelerators to position the country in the international start-up scene.
In this context, the Moroccan Start-up Ecosystem Catalysts (MSEC) association aims at tackling the common challenges of the Moroccan start-up ecosystem, and promoting the interests of Moroccan start-ups. It will also work towards setting up professional and ethical standards within the ecosystem.
Impulsed by Enactus Maroc, Espace Bidaya, H.SEVEN – H7, IMPACT Lab, New Work Lab, Réseau Entreprendre Maroc et Start-up Maroc, the MSEC association brings together all the start-up support structures that have been certified by the Caisse Centrale de Garantie as part of the Innov Invest Programme, as well as the structures that have actively operated in the Moroccan ecosystem for more than 4 years.
As part of its action, the MSEC association will be able to leverage the experience of its board, which cumulates more than 40 years of experience in the start-up ecosystem in Morocco, with close to 800 start-ups supported. The association will therefore be the key partner for public institutions and international organizations on all initiatives around entrepreneurship and innovation.
Salma Kabbaj, co-founder IMPACT Lab