Boost'in Africa is a pre-acceleration initiative dedicated to empowering high-potential Moroccan startups. Launched by IMPACT Lab in partnership with Tamwilcom, the program combines expert coaching, strategic networking, and customized funding to propel startups toward sustainable growth. With a unique structure and personalized follow-up, Boost’in aims to become a catalyst for innovation across key tech sectors in Morocco.
Why Apply to Boost’in?
Boost’in Africa is designed to support early-growth Moroccan startups through:
- Tailored Support: Program activities are structured around the real challenges and goals of startups in the growth phase.
- Personalized Coaching: Each startup is paired with a lead coach offering tailored expertise and strategic guidance.
- High-Quality Community: Participants join the IMPACT Lab network, gaining access to international experts, potential clients, and investors.
- Custom Financing: Through the Tech Boost initiative, startups may qualify for a zero-interest loan of up to $75,000.
- Ongoing Follow-up: After the program, startups benefit from 15 additional months of targeted mentorship and networking.
Tech Boost Financing Explained
The Tech Boost loan, administered by Tamwilcom via IMPACT Lab, is a central component of the Boost’in program.
- Loan Value: Up to $50,000, extendable to $75,000 for patented innovations
- Purpose: To fund the deployment of innovative products and customer acquisition
- Startup Contribution: At least 20% of the project cost must be self-financed before disbursement
- Repayment Terms: Payable over a maximum of 5 years, with a 2-year grace period
Eligibility Criteria
To be considered for Boost’in, startups must meet the following conditions:
- Legally Incorporated in Morocco: Founders must reside in Morocco.
- Recent Entity: Incorporated within the past 5 years.
- Innovative Offering: The product or business model must demonstrate innovation; patents are prioritized.
- Growth Stage: The product must be post-MVP and already on the market.
- Priority Sectors: B2B startups in Fintech, Agritech, Healthtech, or Cleantech are prioritized.
Program Timeline and Contact
Boost’in Africa is currently accepting applications. Startups interested in applying or learning more can visit the program’s website or reach out via email at contact@impactlab.africa.
By blending tailored coaching, exclusive networking, and accessible financing, Boost’in Africa stands out as a strategic launchpad for Moroccan startups ready to scale. Startups across tech sectors now have the opportunity to not only grow but thrive within a supportive ecosystem tailored to their unique challenges and ambitions.