Morocco Strengthens Commitment to Local Startups with Technopark Partnership

By : Samira Njoya

Date : mardi, 28 novembre 2023 03:43

Last updated : mardi, 28 novembre 2023 03:47

To achieve the ambitious goals set out in its digital strategy, Morocco is fostering a collaborative environment that brings all the relevant stakeholders together.  It offers a comprehensive suite of programs to entrepreneurs, providing them with the necessary support and enabling them to further develop their innovative ventures and gain access to increased funding opportunities.

On Friday, November 24, the Moroccan Ministry for Digital Transition and Administrative Reform and the Technopark Morocco management company (MITC) signed a partnership agreement on the sidelines of the inauguration of the Essaouira Technopark (the fifth in Morocco).  This strategic collaboration aims to establish a comprehensive framework for providing targeted support programs to local startups.

The agreement, championed by Minister for Digital Transition Ghita Mezzour, underscores the government's commitment to fostering a vibrant startup ecosystem in Morocco. "We want to empower young entrepreneurs and project leaders to thrive in the national and international markets," stated Mezzour, expressing her aspiration to nurture a Moroccan unicorn shortly.

As part of this partnership, Essaouira Technopark will offer tailored programs designed to nurture startups throughout their lifecycle. These six-month and twelve-month programs will provide comprehensive support at every stage of development, empowering startups to overcome challenges and achieve their full potential. Over the course of the agreement, an estimated 70 startups will benefit from this specialized training and guidance.

The collaboration between the government and Technopark aligns with their shared vision of leveraging digital technology to drive Morocco's economic growth. The plan is to establish Technoparks in seven regions and increase the number of Technopark cities from four to ten by 2026.

Since its inception in 2001, Technopark has established itself as Morocco's premier technology business incubator. Through its unwavering support, Technopark has nurtured over 3,500 innovative companies, creating more than 15,000 direct and indirect jobs. 

Samira Njoya


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