The “Génération Entrepreneurs” program was designed to help increase the proportion of Gazelles in the fabric of Moroccan businesses. The application submission period runs from March 22 to April 29, 2022.
CDG Invest launched on Tuesday “Génération Entrepreneurs”, a support and financing program for the creation of companies with high growth potential. Its mission is to bring out a new generation of entrepreneurs capable of developing high-growth Moroccan businesses and catalyzing the productive transformation of the national economy.
This program targets projects in creation or in the beginning stages (less than 5 years of activity) led by founders with proven experience in the sectors invested and who present their ability to attract key partners for their projects or other competitive advantages. convincing.
In concrete terms, the program offers selected entrepreneurs equity and quasi-equity financing of up to 20 million dirhams, in return for a minority position in the round table. Additional financing in bank debt without the personal guarantee of the founder(s) will be sought on a case-by-case basis with the assistance of CDG Invest. State support instruments will also be sought with the support of CDG Invest.
The program also provides for strategic and operational support through the provision of business experts who will assist the founder(s) from the pre-selection phase to strengthen their project and then throughout the investment cycle, on strategic and operational issues. The program will also provide founders with management tools and help them set up operational processes aimed at facilitating the implementation of their project, the objective being to put in place, from the start of the activity, the conditions his success.
This program was designed to help increase the proportion of Gazelles in the fabric of Moroccan companies. The application submission period runs from March 22 to April 29, 2022.
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