Orange Corners Morocco is an incubation program for young entrepreneurs. It offers them opportunities for growth and development, and improves access to entrepreneurial education and incubator spaces. This helps build a dynamic entrepreneurial community capable of developing sustainable businesses and creating employment opportunities, thus contributing to the efforts of the Moroccan government to reduce the youth unemployment rate in Morocco.
Orange Corners Innovation Fund enables Orange Corners incubatees to get access to capital (up to €30.000) and develop their idea in a product/proposition that can enter the market. As OCIF aims to stimulate innovation, the innovative-aspect of the business will be an important criteria for the selection of participants in the programme. It will be a condition that each business idea will have positive social- or ecological impact and addresses at least one SDG. Furthermore, each incubatee will have to commit him/herself fully for the period of the incubation programme. If a business idea fits within the circular economy this will be a big plus
This initiative aligns with the mission of the Kingdom of the Netherlands which aims to make a positive contribution to the economic growth of Morocco. After the successes achieved in South Africa, Mozambique and Angola, Morocco, as the first country in the MENA region, also benefits from this extraordinary initiative which will greatly contribute to the improvement of the local entrepreneurial ecosystem.