Tamwilcom Launches $69M Venture Builder for Moroccan Startups

Tamwilcom, Morocco’s state-backed financial institution focused on supporting businesses and improving access to finance, has launched a new “Startup Venture Building” programme aimed at supporting 800 early-stage startups over the next three years.

The initiative, unveiled during GITEX Africa Morocco, is backed by a budget exceeding MAD 700 million (approximately $69 million) and is designed to guide founders from ideation through to market expansion.

Building on the earlier Innov Invest programme, the model expands beyond financing to include continuous mentorship, ecosystem integration and a monthly stipend for founders.

Startups will have access to financing tools tailored to their stage, including grants for prototype development and loans of up to MAD 2 million.

The programme also focuses on improving market access by connecting startups with established corporates, enabling early commercial partnerships and reducing time to market.

Delivery will be supported by a network of partners including Technopark, CEED Maroc, Flat6Labs and 500 Global, combining local expertise with international venture-building practices.

The approach introduces a more coordinated support system aimed at reducing fragmentation within the startup ecosystem and improving execution outcomes for early-stage companies.

Applications for the programme are expected to open in the coming period.