Maroc Telecom has launched the Startup Challenge, reports Moroccaworldnews. Any Moroccans with innovative ideas can enter before 26 January 2020. The programme aims to fund projects that can take on the challenges of digitisation in the sectors of health, education, agriculture, and smart cities.
The ten start-ups with the most potential for development will benefit from tailored support and training. The three best ones will receive funding for their projects from Maroc Telecom’s national and other international partners. There will be cash prizes of MAD 120,000 for the best project, MAD 80,000 for the second and MAD 50,000 for the third. The winners will also have access to an extra MAD 200,000 in grants and MAD 500,000 in interest-free loans.
Maroc Telecom will announce the ten finalists on 10 February. They will undergo a five-week acceleration programme until 15 March, before presenting their projects to the jury and sponsors on Demo Day on 24 March.
Source: https://www.telecompaper.com/news/maroc-telecom-launches-startup-challenge--1320337