Morocco: Approximately $142 million to support the development of the start-up ecosystem
December 17th 2025
According to official data, Moroccan startups raised approximately $94.96 million in 2024, compared to $33.26 million in 2023 and $26.2 million in 2022. The authorities are targeting approximately $763.6 million in fundraising by 2030.
The Moroccan government announced last week its intention to invest 1.3 billion dirhams (US$142 million) to support domestic startups. This initiative, part of the national digital transformation strategy, echoes a series of intensified actions in recent months to accelerate the development of the national ecosystem.
The funding package was announced during the closing session of the “Digital Now 2025” conference, organized by the Club des Dirigeants and held in Casablanca from Wednesday, December 10th to Friday, December 12th, by the Minister of Digital Transition and Administrative Reform, Amal El Fallah-Seghrouchni (pictured). She specified that 750 million dirhams will be allocated to business creation programs, 450 million dirhams to venture capital, and 70 million dirhams to the Technopark network, the Kingdom’s main technology and entrepreneurial hub.
The minister confirmed that these programs aim to create 1,000 start-ups by 2026, and 3,000 by 2030, with an emphasis on integrating digitization in rural areas and launching “Al-Jazri” institutes to support innovation systems at the regional level.
Networks, funds and incubators at the heart of the strategy
On December 4th, Technopark and Renew Capital, one of the most active pan-African investors in startup funding, announced a partnership. Renew Capital has committed to supporting Moroccan and North African startups in their expansion into sub-Saharan African markets, while also connecting Moroccan institutions with emerging opportunities within the continent’s most dynamic ecosystems.
The Moroccan government had already signed a partnership agreement on November 19 with Keiretsu Forum MENA, described as one of the world’s largest networks of private investors from Silicon Valley. This initiative aims in particular to attract more international investors to the Moroccan startup ecosystem.
Meanwhile, at the end of November, the government announced the launch of a scheme dedicated to supporting investment funds specializing in startups. The mechanism aims to encourage the creation and financing of funds focused on innovative young companies, while reducing the risks borne by private investors.
Furthermore, in its “Digital Morocco 2030” strategy, the country has set itself the objective of creating a more favorable environment for startups by combining regulatory reforms, increased funding, and improved market access. The roadmap notably includes the establishment of a dedicated label, financing mechanisms covering all phases of development, enhanced support from local and international incubators, and greater access to public procurement and foreign markets.
High ambitions, despite persistent structural challenges
The country aims to raise 2 billion dirhams in funding for startups by 2026, and 7 billion dirhams by 2030. It also aims to have 10 high-growth startups (known as “gazelles”) by 2026 and one or two unicorns by 2030. More broadly, Morocco intends to become a major producer of digital solutions, with the digital economy contributing an estimated 100 billion dirhams to the national GDP by 2030.
However, a report by Mohammed VI Polytechnic University (UM6P), published in June 2025, highlighted several structural challenges still facing the national ecosystem. These include a lack of funding at late stages (Series A/B), insufficient exit pathways for investors, and regional and gender imbalances.
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