Rabat: Morocco has announced a MAD 1.3 billion ($140 million) investment to strengthen its startup ecosystem as part of the Morocco Digital 2030 strategy, reinforcing its ambition to become a regional hub for digital innovation and entrepreneurship. The announcement was made by Amal El Fallah Seghrouchni, Delegate Minister for Digital Transition and Administrative Reform, during the closing session of the Digital Now Forum 2025 in Casablanca.
The funding package targets startups at different stages of development. Around MAD 750 million will be channelled into venture building programmes to support early-stage creation and growth, while MAD 450 million will be allocated to venture capital initiatives aimed at attracting greater private-sector participation. An additional MAD 70 million will be used to strengthen and expand Morocco’s Technopark network.
Seghrouchni said the reinforced venture capital framework and new financing mechanisms are designed to stimulate entrepreneurial momentum nationwide. These measures are expected to support the creation of 1,000 startups by 2026, with a longer-term goal of reaching 3,000 startups by 2030.
The strategy also includes broader initiatives to ensure inclusive digital development, such as digital inclusion programmes for rural areas and the establishment of Jazari Institutes to foster regional innovation ecosystems. Together with regulatory reforms and international partnerships, these efforts aim to accelerate the digital transformation of very small, small, and medium-sized enterprises and support the emergence of national technology champions.
Technopark CEO Lamiae Benmakhlouf welcomed the initiative, highlighting the impact of sustained support programmes in building innovative startups with strong export potential. She noted that 36% of Technopark-supported startups currently export services and products to markets across Europe, Africa, the United States, and the Middle East.
