HomeSocietyMore than 500 project leaders supported over the past 3 years

More than 500 project leaders supported over the past 3 years

The Mohammed VI Polytechnic University (UM6P) has exceeded the milestone of 500 start-up project leaders supported over the past three years, by its various programs at all stages of maturity (pre-incubation, incubation, acceleration or Venture Building) .

These young entrepreneurs, Moroccan and international, come from the innovation ecosystems of more than 15 countries, underlines the UM6P in a press release, indicating that several have chosen the support of the UM6P to benefit from the proximity with its centers. research excellence, its talented students and its links with the industrial world.

StartGate, the UM6P start-up campus, now hosts 12 support programs for the launch and development of start-ups, with a dual objective: Create a pipeline of future entrepreneurs through support for entrepreneurs ideas to launch their project and/or business, and serve as a springboard for the most mature startups by offering them access to international markets and investment, adds the same source.

In order to increase its capacity to accommodate project leaders from Morocco and Africa more broadly, StartGate intends to expand over an area of ​​30,000 m², juxtaposing the Benguerir campus of UM6P.

These programs, explains the UM6P, are developed with renowned national and international partners. For example, the Explorer program in partnership with the MIT Sandbox program of the prestigious American University “MIT” accompanies project leaders from five Moroccan universities, public and private.

The Moroccan Retail Tech Builder (MRTB), comprising 4 programs dedicated to merchants and co-created with the Ministry of Industry and Commerce and the OCP Foundation, has set itself the goal of accelerating the digitalization of the Commerce sector. in Morocco. More than 40 projects have been chosen to be supported to date.

U-Founders, the incubation program for students, researchers and entrepreneurs and which spans 6 to 24 months, has to date supported more than 105 start-ups in around fifteen verticals.

UM6P has also partnered with Plug&Play, Silicon Valley’s global innovation platform, which accelerates the most mature Moroccan startups and gives them access to many international investors.

UM6P also leverages its two investment funds: UM6P Ventures and Bidra to invest in future unicorns, mainly in the fields of agriculture, water, mining and energy.

“This step marks a turning point in our contribution to the development of innovative national entrepreneurship. It also demonstrates that the culture of innovation is rooted in Moroccan youth. Because behind our value creation, there is also a community whose components reflect the spirit of initiative within Moroccan society. 30% of our project leaders are women and 50% are students. Entrepreneurship is also a powerful lever for socio-economic empowerment,” said Yassine Laghzioui, Entrepreneurship & Venturing Director at UM6P, quoted in the press release.

In parallel with this support, the Mohammed VI Polytechnic University also hosted open innovation events during this period for large Moroccan groups such as the OCP Group, Royal Air Maroc or the National Railways Office (ONCF), concluded the same source.

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