The Société Nationale de Garantie et de Financement de l’Entreprise (SNGFE) has appointed the Fizazi & Associés firm to oversee the deployment of financing provided to startups through the Fonds Innov Invest (F2I). This initiative aims to ensure the proper management and tracking of funds allocated to innovative startup projects, furthering Morocco’s commitment to supporting early-stage businesses.
Fizazi & Associés will be responsible for establishing a comprehensive system to verify the expenses related to funded projects. The key components of this system include:
- Developing an analytical framework to monitor how funds are allocated.
- Organizing informational sessions for startups on the required financial justifications.
- Ensuring the accuracy of the financial and legal information provided by the startups.
- Producing consolidated reports to track and control the financing that has been granted.
This system will cover between 50 and 150 projects annually, spread across multiple partner organizations. These startups, selected and supported by the F2I, will benefit from funding for up to 24 months.
Launched by the government in 2016, the Fonds Innov Invest (F2I) was designed to address the lack of financial support available to startups during their early development phases. One of its key offerings is Pre-Seed financing, which targets entrepreneurs and startups developing innovative projects.
To ensure the effective distribution of these financial instruments, Tamwilcom, which manages the F2I, relies on a network of partners responsible for selecting startups, distributing funds, and providing necessary support. In 2024, Tamwilcom introduced a new generation of financing and support tools aimed at startups in the ideation, incubation, and pre-acceleration stages of their growth cycle.
