The Startup Catalytic Fund could invest MAD 347 million over three years to support venture-capital funds capable of mobilizing nearly MAD 2.5 billion for Moroccan startups.
Morocco’s technology financing ecosystem is entering a new phase with the activation of the Startup Catalytic Fund, backed by the Ministry of Digital Transition and Administration Reform and managed by Tamwilcom.
Decree No. 2.26.576 of August 3, 2026 provides the regulatory framework for the mechanism. Over three years, up to MAD 347 million may be invested in venture-capital funds specializing in digital startups.
The mechanism is based on a leverage model designed to use public capital to mobilize significantly larger private investment.
Nine management companies have been shortlisted, with the selected funds expected to mobilize nearly MAD 2.5 billion for Moroccan startups.
The mechanism involves, among others, the Mohammed VI Investment Fund and CDG, with the objective of expanding the supply of equity capital available to technology companies.
Rather than relying primarily on direct grants, the model seeks to strengthen professional investment funds and their capacity to finance companies through seed, growth and international expansion stages.
The initiative could help address one of the main constraints facing Moroccan startups: access to sufficiently large amounts of capital to scale their operations, strengthen their competitiveness and expand internationally.
