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CCG: The number of funded startups doubles

Some 115 startups benefited from the funding granted by the Innov Invest Fund last year, an increase of 109% compared to 2018. The total amount of funding granted reaches MAD 40 million, indicates the Central Guarantee Fund in its balance sheet for the year 2019.

The startups supported mainly operate in the FinTech, GreenTech, MedTech and EdTech sectors, specifies the CCG, adding that the total number of startups financed after two years of existence has reached 170. This represents 57% of the objectives assigned to this Fund over 5 years.

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