The sixth call for proposals that was issued by 212 Founders has received an overwhelming amount of interest from entrepreneurs in Morocco and Europe. More than 415 applications were submitted to the investment committee of the 212 Founders programme, and from those applications, 11 startups were chosen to participate in the Summer22 campaign. Distripha, Humanitics, Crealo, Laymoon, SLM Impact Fi, POGO, OPT-IN, Hemicube, Ta7alil, KargoLive, and Digishare are the 11 startups that were chosen. They are active participants in a variety of market segments (Fintech, SaaS BtoB, Logistics, MedTech, Marketplace, etc.)
The 212 Founders programme was initiated in 2019, and to this day it has been successful in securing 12 Seed and Series A financings with a combined total of MAD 57 million. Within Station F, which is the largest startup campus in the world, the 212 Founders programme built a second campus in the year 2022. This campus was located in Paris, France. This campus makes it possible for entrepreneurs to be multi-localized from the very beginning of their ventures by providing them with the means to establish a presence in both Morocco and France, depending on the requirements of their particular line of work.
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Personalized assistance that conforms to the strictest international norms
Africa and Europe are the two regions that are represented by the startups that are part of the incubation programme. All of them were either started by Moroccans or have the goal of expanding their operations into other African countries by utilising Morocco’s strategic advantages.
The Summer22 promotion will provide a complete assistance and finance package for the companies who participate in the promotion. This programme will reach or exceed the highest worldwide standards. The programme provides high-level support provided by well-known businesspeople and mentors, as well as investment of up to 7 million DH for the Seed round, and up to 10 million DH for the Series A round.
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This campaign, much as the fourth promotion, Winter22, will be provided by seasoned business owners who will serve other business owners as their clients. Additionally, it will make it possible for chosen startups to take use of an ecosystem consisting of referent mentors in the field of entrepreneurship as well as specialists in the relevant industry in order to contribute to the resolution of development difficulties, either in Morocco or elsewhere.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh