300 million dirhams per year to support 100 projects, H24info

An agreement relating to the industrial innovation support program was signed on Wednesday by Riad Mezzour, Fouzi Lekjaa, Brahim Arjdal and Chakib Alj.

The Head of Government Aziz Akhannouch chaired, Wednesday, September 14 in Rabat, the signing ceremony of an agreement relating to the support of industrial innovation programs (Tatwir-R&D and innovation).

The agreement was signed by Riad Mezzour, Minister of Industry and Trade, Fouzi Lekjaa, Minister Delegate to the Minister of Economy and Finance, in charge of the Budget, Brahim Arjdal, Director General of the National Promotion Agency of small and medium-sized enterprises and by Chakib Alj, president of the General Confederation of Moroccan Enterprises.

It aims to support research, development and innovation projects proposed by SMEs and emerging companies operating in the industrial sector, with the aim of strengthening their competitiveness and improving their performance, indicates a press release from the Head of Government. .

This program has two components. The first relates to the accompaniment and support of the projects of the companies concerned active in the industrial sector, while the second concerns the support for technological investment in its pilot phase.

100 qualified projects

The program plans to support 100 qualified projects, through support for the development and strengthening of invention patents, by absorbing 80% of the costs, up to an amount of one million dirhams, in addition to support for innovation and development projects through a 60% contribution, with a ceiling of four million dirhams, it is specified.

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It will be financed through the Innovation Support Fund (FSI), which was set up within the framework of the agreement signed between the State and the National Agency for the Promotion of Small and Medium-Sized Enterprises, with an envelope overall financial contribution of 300 million dirhams annually.

According to Aziz Akhannouch, this program offers a framework for supporting SMEs, so that they can deploy their energies and initiatives, by encouraging them to innovate and produce, while ensuring the necessary support and monitoring mechanisms.

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