Friday, November 22African Digital Business Magazine

Tag: startupfunding

The key Moroccan start-up support players come together to promote a competitive innovation ecosystem in Morocco
Morocco News, Startups

The key Moroccan start-up support players come together to promote a competitive innovation ecosystem in Morocco

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...