A groundbreaking initiative is set to launch in January 2025, spearheaded by the Facility for Investment in Employment (FIE), a funding mechanism backed by Germany’s Development Bank (KfW) as part of the Invest for Jobs program. This ambitious program aims to boost job creation in Morocco by providing substantial financial support to private enterprises, public organizations, and non-profit associations. At its core, the initiative seeks to nurture a dynamic private sector while integrating innovative social support systems.
Substantial grants for transformative projects
The FIE is offering grants ranging from €650,000 to an impressive €10 million. Additional co-financing opportunities are available for projects that integrate advanced social protection measures. These might include supplementary insurance schemes, retirement plans, or other employee-centric benefits designed to support workers and their families. Special emphasis is placed on initiatives aimed at formalizing informal employment, increasing female workforce participation, and facilitating a transition to a greener economy.
Eligibility for mature, impactful projects
Only mature, financially viable projects that are yet to be launched will qualify for this program. Applicants must demonstrate their potential to create a positive and sustainable impact, with a particular focus on investments in social infrastructure, such as childcare facilities or health centers. Projects promoting workplace accessibility for individuals with disabilities will be especially encouraged.
A rigorous two-phase selection process
The application process will unfold in two phases. The first involves a preliminary selection based on concept notes that outline the ambition and feasibility of the proposed projects. Selected candidates will then move to a comprehensive evaluation stage, during which detailed proposals will be reviewed. Proposals will be assessed on their ability to combine job creation with social protection measures while making a significant contribution to Morocco’s socio-economic landscape.
A vision for sustainable growth
This call for projects represents a bold new direction for employment and development in Morocco. It targets committed stakeholders eager to balance economic performance with social innovation and inclusivity. By providing this strategic support, the FIE aims to drive lasting and meaningful transformations, strengthening the foundations for balanced and equitable growth in Morocco’s future.
The official announcement, anticipated in January 2025, is set to become a game-changer for project leaders looking to align with this ambitious vision.
