Morocco has unveiled a significant $140 million investment plan to accelerate the growth of its startup ecosystem, a core component of the nation's ambitious Morocco Digital 2030 strategy. The announcement was made at the Digital Now Forum 2025 in Casablanca, setting clear targets to cultivate thousands of new tech companies. This state-led initiative signals a determined effort to establish the country as a leading digital hub in the region.
A Strategic Financial Injection
The MAD 1.3 billion package is strategically allocated to address critical stages of startup development, from ideation to scaling. A substantial portion, equivalent to $81 million, is dedicated to venture building programs designed to help early-stage founders launch their concepts. This foundational support aims to create a robust pipeline of innovative and viable new businesses across various sectors of the economy.
To further strengthen the investment landscape, the plan earmarks $49 million to bolster venture capital participation within the country. The government's goal is to de-risk private investment and attract more capital into the burgeoning tech scene. By creating new financing mechanisms, the strategy aims to ensure that promising startups have access to the necessary funding for growth and expansion.
Setting Ambitious National Goals
The government has set ambitious yet clear milestones, targeting the creation of 1,000 startups by 2026 and tripling that figure to 3,000 by 2030. These quantifiable goals provide a clear roadmap for the initiative and a benchmark against which to measure its success. This structured approach demonstrates a serious commitment to transforming Morocco's economic landscape through technological innovation and entrepreneurship.
The announcement was delivered by Delegate Minister Amal El Fallah Seghrouchni during the closing session of the Digital Now Forum 2025. The forum, held under the theme of business transformation in Africa, provided a high-profile platform to launch the initiative. This strategic unveiling underscores the government's intent to integrate its digital ambitions with broader regional development and economic resilience goals.
Building an Inclusive and Expansive Ecosystem
A key component of the strategy involves expanding the successful Technopark network, with $7.6 million allocated for its capacity-building efforts. This network serves as a crucial incubator and support system for hundreds of digital enterprises in the country. The investment will enable Technopark to support a larger number of companies and enhance its role as a central hub for innovation.
The initiative also extends beyond major urban centers, with specific measures designed to promote digital inclusion in rural areas. Complementing this is the planned establishment of Jazari Institutes, which will support the development of regional innovation ecosystems. These efforts aim to ensure that the benefits of digital transformation are distributed equitably across the nation, fostering widespread participation.
The existing success of Moroccan startups provides a strong foundation for this new push, with Technopark reporting significant international activity. Currently, 36% of its 450 supported startups and micro-enterprises are already exporting services to markets in Europe, Africa, and North America. This demonstrates the global competitiveness of Moroccan tech talent and the potential for further growth with enhanced government support.
Morocco's $140 million investment represents a decisive and well-structured move to cultivate a vibrant and sustainable digital economy. By combining substantial funding with clear targets and inclusive policies, the Morocco Digital 2030 strategy is poised to empower a new generation of entrepreneurs. This comprehensive approach not only strengthens the national ecosystem but also positions the country as a formidable player in the global technology landscape.