R&D Maroc, in partnership with Tamwilcom, is pleased to announce the first call for applications for the “R&D Maroc 60 Startups” program. As part of the Innov Invest Fund (FII), this initiative aims to provide crucial support to innovative Moroccan startups, offering both financial backing and tailored incubation services to help them grow and succeed.

The program will offer funding through the “TECHSTART” product, a mechanism designed to help startups at a critical stage in their development. Eligible startups can receive up to 200,000 dirhams (USD 20,000) in funding per project, with the possibility of securing up to 400,000 dirhams (USD 40,000) for projects that hold patents or demonstrate high innovation potential. The goal of the program is to assist startups in transforming their Proof of Concept (PoC) into working prototypes or Minimum Viable Products (MVPs), ready to enter the market.

Key Benefits of the Program:

• Financial support of up to 400,000 dirhams per startup.
• Comprehensive guidance and incubation, including technical, strategic, and commercial advice.
• Access to mentorship and expert support from R&D Maroc’s network, preparing startups for future fundraising opportunities and the acceleration phase.

Eligibility Criteria:

• The applicant must be a Moroccan-registered company, with project founders residing in Morocco.
• Startups must be no older than five years since their registration with the Commercial Registry.
• The business should have progressed beyond the PoC stage, with a clear plan for developing a prototype or MVP.

Important Dates and Application Process:

• Interested startups should submit their applications by October 9, 2024.
• Applications must include all required documents and be submitted via email to Candidature60startups@rdmaroc.com or f.ettalbi@rdmaroc.com.

For more details on eligibility and submission requirements, please download the full call for applications at link.

This initiative is a unique opportunity for Moroccan startups to secure funding and receive tailored guidance from industry experts. Don’t miss the chance to scale your innovative business with the support of R&D Maroc and Tamwilcom.