Morocco's startup ecosystem:
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Morocco's startup ecosystem:
Introduction:
The Kingdom of Morocco ranked 92nd globally, out of 100 countries, in the Startup Ecosystem Index 2024, recently issued by Startup Link in partnership with a group of other institutions and bodies, including the United Nations Development Program, after obtaining 0.558 points, one place higher than last year's ranking.
United States topped the world rankings with 215,001 points, followed by each of the United Kingdom, while U.A.E. topped the list of Arabic countries after coming in 23rd place globally with 12,393 points, five places ahead compared to the 2023 classification.
So I'd be happy to provide some information on the startup ecosystem. Since it may be important to specify a specific location or timeframe, I will provide an overview of the startup ecosystem from August 2023.
The global startup ecosystem has seen growth and continuity in recent years. Some of the key trends and developments include:
Increased access to venture capital and early-stage funding, with more venture capital firms, angel investors and alternative funding models such as crowdfunding to support new startups.
- The emergence of technology hubs and clusters that support startups in major cities around the world, providing access to talent, resources and a supportive community.
- Growth of accelerator programs and specialized incubation that provide mentorship, training and other services to help startups take off.
- Advances in enabling technologies such as cloud computing, mobile connectivity, machine learning/AI and low-code/no-code development platforms that facilitate the construction and expansion of new digital products and services.
There are more details, but this provides an overview of some of the key trends in the startup ecosystem as of August 2023.
There are some incubation and accelerator centers for startups in Morocco. Here are some examples:
1. Startup Bootcamp Casablanca:
- One of the most popular accelerator programs in Morocco, established in 2016.
- Focuses on areas such as financial technology (Fintech), e-commerce, and smart solutions for cities.
- Provides start-up funding, management consulting, and networking opportunities with investors.
2. NUMA Casablanca:
- Incubation and acceleration center for startups established in 2017.
- Provides 3-6 months acceleration programs and technical and strategic support for startups.
- Focuses on areas such as financial technology, e-commerce, and technological agriculture.
3. Founder Institute Casablanca:
- A branch of a global network of business incubators, opened in Morocco in 2018.
- Provides a 4-month accelerator program for new startups.
- Areas of focus include technology, professional services, and sustainable solutions.
Certainly, there are also some incubation and accelerator centers for startups in the city of Agadir – Morocco:
1. Startup Maroc Agadir:
- A community initiative founded in 2016 to support entrepreneurs in Agadir.
- Provides accelerator programs and a business incubator for 3-6 months.
- Focus on areas such as biotechnology, renewable energy, and technology tourism.
2. Impulse Agadir:
- Incubation and acceleration center established in 2018.
- Offers acceleration programs for 3-6 months, as well as co-working spaces.
- Focus on startups in areas such as biotechnology and technological agriculture.
3. Agadir Technopark:
- A technology park established in 2014 to support startups and startups.
- Provides office space, labs, and technical support services for startups.
- Focuses on areas such as renewable energy, biotechnology, and smart technology.
4. Startup Weekend Agadir:
- This annual event has been held since 2016.
- Brings together entrepreneurs, programmers and designers to develop new business ideas within 54 hours.
- Provides opportunities to network, network and support startups.
5. Agadir Startup Hub:
- Incubation and acceleration center opened in 2019.
- Provides coworking spaces and accelerator programs for startups.
- Focuses on areas such as agricultural technology and technology tourism.
6. ENSA Agadir Incubator:
- Business incubator affiliated to the University of the National School of Applied Sciences in Agadir.
- Founded in 2017 to support startups that emerge from the university.
- Focuses on areas such as engineering, technology and science.
In conclusion
There are several incubation and accelerator centers for startups in Agadir, Morocco, covering fields as diverse as biotechnology, agriculture, technology tourism, and others. On the various startup and entrepreneurship initiatives in Agadir, I did not provide any specific details about project management and development. The focus was more on the overall startup ecosystem and incubation/accelerator programs available in the city.