Fonds Innov Invest
By BEB - 8 janvier 2024

Continuing its commitment to Morocco's entrepreneurial ecosystem, TAMWILCOM, following its call for interest on June 28, 2023, has selected twelve (12) Partner Support Structures (PSS) on January 8, 2024, to bolster startups in the Ideation, Incubation, and Pre-Acceleration phases. This initiative represents a further step in the continuation of the Innov Invest Fund (IIF) efforts initiated in 2016 to foster innovation in Morocco.

The independently chosen PSS are distributed as follows:

These structures will play a pivotal role in rolling out new financing options for innovative startups, particularly through the TECH START for Incubation and TECH BOOST for Pre-Acceleration. TECH START offers up to 400,000 DH for startups past the Proof of Concept stage, focusing on developing prototypes or MVPs (Minimum Viable Products). TECH BOOST, targeting startups ready to market their products, provides an honorary loan of up to 750,000 DH for groundbreaking innovations.

This selection is a crucial step in TAMWILCOM and IIF's strategy, backed by the Ministry of Economy and Finance and the World Bank, to enhance financing access and support for innovative entrepreneurs in Morocco.