INNOV START

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INNOV START
Incentive Category : Funding

Description

Support program for VSEs wishing to prove their project’s potential and feasibility based on an innovative idea (new product, new process, operation of patents acquired and non-marketed at the beginning, adaptation of an innovative technology to the Moroccan market…).

Organization

Central Garantee Fund (CGF)

Detail

The financing is granted in the form of a loan on trust (unsecured and interest-free loan) limited to :
► MAD 250,000 per project holder
► MAD 500,000 in case of a project submitted by two or more applicants Are funded by a loan on trust for an innovative project, the expenses related in particular to the following elements:

  • Prototyping and testing
  • Rental / provision of technical facilities, laboratories, servers … ;
  • Survey and market research;
  • Strategy and business model/business plan development … ;

Eligibility

Project holder or newly created company, whose application has been approved by a labelled structure by the CGF