Since 2010, the Maroc Numeric Fund has become the go-to investment fund for technology startups in Morocco. The management team’s competence has resulted in the birth of various Moroccan success stories. Maroc Numeric Fund is more than a financial lever; it is a true catalyst for high-potential entrepreneurs. While serving on the boards of its portfolio firms, it acts as an active shareholder by providing guidance and monitoring of their management in addition to investing.
The Fund is currently organizing an online Speed Pitching session for Moroccan tech startups wishing to raise funds. The session will take place online on October 26.
To apply, submit your projects on http://mnf.ma/votre-projet before October 15, 2021.
In which sectors is Maroc Numeric Fund investing?
The Fund invests in innovative startups operating in the information and communication technology sector with high growth potential. The project must present a form of innovation in relation to the national industry, but this may also lie in the technology, the business model, the marketing method or the very nature of the use of the product or service.
Read also Newly Launched Moroccan Digital Trust Startup, Damanesign, Raises $446k From Maroc Numeric Fund
Maroc Numeric Fund reserves up to a maximum of 20% of its capital for other innovative sectors (e.g. biotechnology, green technologies, etc.).
It does not, however, consider projects mainly dedicated to e-commerce, distributors, importers or training or technological consulting firms.
It also does not consider projects in competition with startups in its portfolio.
In which country does Maroc Numeric Fund invest?
Maroc Numeric Fund invests only in companies registered in Morocco.
Read also DFC Pours $10 million Into African Energy Fintech Company Nithio
However, all or part of the activity may be carried out abroad or for export.
Additional Information?
To know more click here.
Maroc Numeric Fund startups Maroc Numeric Fund startups
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer