Morocco Allocates 1.3 Billion Dirhams to Boost Startup Ecosystem Under Digital 2030 Strategy

A total budget of 1.3 billion dirhams (MMDH) will be allocated to the development of the Moroccan startup ecosystem as part of the Morocco Digital 2030 strategy, announced the Minister Delegate for Digital Transition and Administrative Reform, Amal El Fallah Seghrouchni, on Friday in Casablanca.

Speaking at the closing session of the 5th edition of the Digital Now 2025 Forum, organised by the Club des Dirigeants (CDD), the minister specified that this budget is divided between 750 million dirhams (MDH) for venture building programmes, 450 MDH dedicated to venture capital, and 70 MDH allocated to the Technopark network.

According to Seghrouchni, the national venture capital offering is now mobilizing new financing mechanisms designed to attract more private investment to startups and strengthen entrepreneurial dynamics.

Venture Building programs in Morocco, combined with the Technopark offering, will make it possible to structure comprehensive support aimed at creating 1,000 startups by 2026 and 3,000 companies by 2030, she stressed.

The minister also highlighted targeted initiatives such as the digital inclusion program in rural areas or the creation of the “Jazari” institutes, which she said will contribute to the emergence of regional innovation ecosystems and the support of local entrepreneurship.

Morocco Digital 2030 channels major investment into startups, venture capital, and innovation hubs to accelerate digital growth and regional leadership

Through its investments, its reformed regulatory framework and its international partnerships, Morocco affirms its ambition to become a major regional and continental player in the field of digital innovation, responsible AI and the industries of the future, assured Seghrouchni.

She recalled that the implementation of the Morocco Digital 2030 strategy is based on an integrated and inclusive vision, resulting from a broad participatory process, aimed at guaranteeing digital inclusion, accelerating the digitalization of SMEs, and building an environment conducive to the emergence of national technological champions.

For her part, the general manager of Technopark, Lamiae Benmakhlouf, welcomed the dynamic support for digital companies which has enabled the emergence of startups with strong potential for innovation and growth, citing in particular the JobInTech initiative to transform Moroccan talent into tech talent, and the creation of the Morocco Fintech Center.

“All these mechanisms give us the necessary support as a support structure to be even better equipped and to support a wider number of startups,” she noted, citing concrete indicators such as the export rate as proof.

“Today, out of the 450 digital startups and SMEs supported by Technopark, 36% export to four continents: Europe, Africa, the United States and the Middle East,” Ms. Benmakhlouf emphasized.

Held from the 10th to the 12th of this month under the theme “Transformation and Growth of Businesses in Africa – Resilience and Impact”, this event is organized under the auspices of the Ministry of Digital Transition and Administrative Reform, the Ministry of Industry and Trade and the Ministry of Higher Education, Scientific Research and Innovation.

This forum brings together public and private leaders, technology experts and economic players to discuss the levers of digital transformation and business growth in Africa.

__

(Featured image by Peter Thomas via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in LES ECO.ma. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.