Orange Corners Innovation Fund: Morocco – Subsidy application 2023
The Orange Corners Innovation Fund (OCIF) is a subsidy programme that provides fund managers with capital to invest in early-stage startups. OCIF supports young, innovative entrepreneurs in Africa, Asia and the Middle East to scale up their businesses and create jobs. OCIF also helps young entrepreneurs prepare for investment and attract commercial follow-up investments.
Project number
NL-KVK-27378529-OCIF23MA02Total budget
€ 2,200,000Countries
MoroccoProject status
ImplementationBudget spent
18.00 % spent
Programme
PSD Toolkit – Phase 2Tied status
UntiedStartdate:
Enddate:
Contact
iati@rvo.nlProject partners
Bidaya (Groupe SOS Maroc), Netherlands Enterprise AgencySectors
Business development services, Formal sector financial intermediaries, Informal/semi-formal financial intermediaries, Small and medium-sized enterprises (SME) development| Type | Provider | Provider ref. | Receiver | Receiver ref. | Value (€) | Date | Value date |
|---|---|---|---|---|---|---|---|
| Incoming Funds | 2,200,000.00 | 11-03-2024 | 11-03-2024 | ||||
| Outgoing Commitment | Bidaya (Groupe SOS Maroc) | 2,200,000.00 | 11-03-2024 | 11-03-2024 | |||
| Disbursement | Bidaya (Groupe SOS Maroc) | 50,000.00 | 02-04-2024 | 02-04-2024 | |||
| Disbursement | Bidaya (Groupe SOS Maroc) | 346,000.00 | 16-08-2024 | 16-08-2024 |