Morocco unveils fund to support startups
October 31, 2017
The fund is aimed at reinforcing the equity financing offer in favour of Moroccan innovative startups with a strong growth potential.
Speaking on the occasion, Minister of Economy and Finance Mohamed Boussaid, said that the fund would offer funding-for-equity through smart debts to 300 project holders.
Senior economist at the World Bank, Randa Akeel said the fund is aimed at boosting Morocco’s venture capital market and supporting young Moroccan entrepreneurs.
0 comments