The Banque Centrale Populaire (BCP) and Réseau Entreprendre Maroc (REM) have signed a new convention aimed at strengthening their support for young entrepreneurs and facilitating their access to financing. The agreement provides a comprehensive program that combines mentorship, project structuring, honor loans, financing solutions, and banking services, with a focus on creating and developing very small enterprises.
The partnership between BCP and REM aims to better coordinate the support for project leaders with their access to financing solutions. The agreement was signed in the presence of Naziha Belkeziz, President and General Director of the BCP Group, Idriss Bensmail, General Director of BCP in charge of Retail Banking, and Wafa Belmaachi, President of Réseau Entreprendre Maroc. The goal is to support the structuring and development of new businesses while contributing to employment dynamics.
The convention concerns project leaders selected by Réseau Entreprendre Maroc and provides a customized program that combines mentorship, entrepreneurial expertise, project structuring, financing, and banking services, depending on the company's development stage. REM intervenes through its START program, which supports entrepreneurs during the maturation, launch, and growth phases of their projects. The program includes personalized follow-up, mentorship provided by business leaders, and honor loans.
The BCP complements REM's support by offering beneficiaries financing solutions and banking services. The bank also plans to mobilize synergies with the Création d'Entreprise Foundation (FCE) of the BCP Group. The goal is to reduce the gap that can exist between the accompaniment phase of an entrepreneurial project and its financing. The two partners aim to offer a program that goes from the initial structuring of the project to the accompaniment of its growth.
According to Naziha Belkeziz, this new convention will allow for more sustained support for entrepreneurs over time. She emphasizes the bank's willingness to accompany entrepreneurs in the long term and facilitate their access to an ecosystem capable of supporting their ambitions and the growth of their businesses.
Wafa Belmaachi highlights the complementarity between the two institutions, emphasizing that their collaboration reflects a common ambition to strengthen support for young entrepreneurs and give them the means to transform their projects into sustainable businesses that create jobs. She also stresses the importance of this partnership in supporting young companies over time.
The partnership between BCP and REM is expected to have a positive impact on the Moroccan entrepreneurship ecosystem, providing young entrepreneurs with the necessary support and resources to launch and grow their businesses. By combining their expertise and resources, the two institutions aim to make a significant contribution to the development of the country's entrepreneurial fabric.
Key points
- - The Banque Centrale Populaire and Réseau Entreprendre Maroc have signed a new agreement to enhance support for young entrepreneurs and improve access to financing. - The partnership provides a comprehensive program that combines mentorship, project structuring, honor loans, financing solutions, and banking services. - The goal is to support the structuring and development of new businesses while contributing to employment dynamics.
