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The Damane Intelak program has been designed to secure investment and operating credits. The investment amount is capped at 1.2 million MAD, granted to all businesses to help them grow more rapidly.
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Businesses from all sectors can submit their applications to participate in the program, with the exception of those operating in deep-sea fishing and real estate promotion.
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This program relies on the Entrepreneurship Support Fund established in Morocco and the Hassan II Fund.
Eligibility Conditions:
To be eligible for the Damane Intelak program, individuals or entities must be of Moroccan nationality. The businesses should operate in the sector of goods and/or services production.
Concerning businesses, they must have been established for a maximum of 5 years at the time of the loan application. However, businesses exporting to Africa are exempt from this last condition.
To apply for program membership, one can approach financial institutions such as banks. Rural individuals or businesses can contact Al Barid Bank or Crédit Agricole du Maroc.
Potential beneficiaries who are not banked and are at the project idea stage can also reach out to Maroc PME, regional investment centers, or OFPPT.
Program Financed by:
