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The Innov Start program aims to provide financial assistance in the form of an honorary loan to entrepreneurs with innovative ideas. The amount of aid can be equal to 500,000 DHS for all innovation projects.
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Financing involves granting the individual a minimum amount of 50,000 dirhams and a maximum amount of 500,000 dirhams. The loan is repaid over 5 years with a one-year deferment. The advantage is that this loan is interest-free and does not require collateral.
Eligibility Conditions:
To apply for the Innov Start program, you must have an innovative product or technology that is eligible for a patent. Additionally, you should have developed an in-progress business plan or received an accepted sales commitment. The project must also contribute to job creation, with the business plan outlining the creation of at least 5 additional jobs within a 3-year period. Applications for the program must be submitted 6 months before or no later than 3 years after the start of the business.
All entrepreneurs interested in the Innov Start program can submit their applications to the "Réseau Entreprendre" association. The application package must include a project summary outlining the details of the project and information about the founders of the company.
Program Financed by:
