Silicon Valley Investor Plug and Play To Open Africa’s First Innovation Hub In Morocco
Plug and Play startup accelerator Tech Center has signed a partnership with Mohammed VI Polytechnic University in Morocco, to open a hub in Africa. The new office, which will be operational in January 2021 in the university’s StartGate innovation hub, is a space equipped with advanced technologies, where entrepreneurs can work on their projects.
The partnership with Plug and Play will allow StartGate, which has been welcoming entrepreneurs since its opening in 2020, “to accelerate its plans to attract entrepreneurs and start-ups from Morocco and abroad, in order to contribute to the development of a dynamic ecosystem ”, declared Sarrah Cherif D’Ouezzan, the Director.
Plug and Play Morocco Africa
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Called “Plug and Play Morocco”, the initiative sponsored by the Moroccan leader in fertilizers (phosphates) OCP aims to make the country the flagship destination for startups on the continent. It will initially focus on companies and startups on the theme of smart cities.
In the long term, the new innovation hub will reduce the investment risks for entrepreneurs, and facilitate the development of 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