.An educational Bank agency will be set up, at ISCAE CASABLANCA premises
.The incubator will be dedicated to entrepreneurial project holders
.The first cohort of the 30 top selected applicants will be launched inOctober 2018
Strongly committed to sustainable development and youth support, Nada Biaz, General Director of Groupe ISCAE and BrahimBenjellounTouimi, Administrator Executive General Director of BMCE Bank of Africasigned an agreement to set up a new incubation center in the ISCAE-Casablanca campus.
Groupe ISCAE and BMCE Bank of Africa group are engaged to support young project holders in their careerand business development.
This public-private partnership will also enable the two institutions to set up an educational banking agency within ISCAE-Casablanca campus. An initiative that will allow young people from Groupe ISCAE and other Schools to understandbetter the banking system and tovalue the financial opportunities.
The incubator will support project leaders, aged between 20 and 45 years old, from Casablanca region. This program spans 18 months of incubation and more than three years post-incubation. Project leaders will have access to an entrepreneurial ecosystem made up of entrepreneurs, institutions, business angels, and professional associations.
The first sessionshould be effective in October 2018, and will host 30 young entrepreneurs who will be selected upon a call for applications planned in March. “We want to contribute to the economic development by promoting innovative projects within the local ecosystem,” says Nada Biaz, General Director of Groupe ISCAE.
The aim of this partnership is to foster the entrepreneurial spirit and accelerate the emergence of innovative start-ups with high added value and job creation. Regarding the training aspect,a variety of pedagogical methodsand tools will be provided to members during the collective and individual coaching sessions, in addition to financial information, logistical support, and expert’s assistance.
Members will have the opportunity to bring their ideas to life, integrate the labor market more easily and take concrete action on national issues. The incubation center will also promote the taking over and transfer of local businesses, especially amongGroupe ISCAE Alumni.