Financing process for innovative startups in Morocco

Abstract

This study aims to analyze the process of financing innovative startups in Morocco, adopting a pragmatic, market-oriented approach, while identifying the associated challenges and examining the initiatives proposed by the authorities to overcome these obstacles. With this in mind, and in a global context characterized by the rapid evolution of innovation and the emergence of numerous startups seeking to transform and disrupt traditional services, the financing of these startups is of crucial importance to the country's economic and technological development. These startups, often at the forefront of technological breakthroughs, require substantial financial resources to transform their innovative ideas into viable, marketable products. However, the process of financing innovative startups is complex and highly competitive, requiring alignment between capital needs, business strategies and appropriate support. The challenges are numerous, including risk management, regulatory barriers, intense competition, as well as the difficulties associated with raising funds. This research focuses on analyzing the financing process for innovative startups in Morocco, with the aim of understanding the mechanisms at play and identifying the key players involved in resolving financing-related issues. Within this framework, our study focuses on exploring the funding stages of startups, drawing on a literature review to deepen understanding of the different phases and process of funding in the market, as well as identifying the key players involved in resolving funding-related challenges.

Keywords: Innovation; Startup; Process of financing; Financing; Regulation. 

Classification JEL: M13, G32

Paper type: Theoretical Research