In May 2012, EFE and its partners launched the Maghreb Startup Initiative, the first program of its kind to support entrepreneurship and innovation in the Maghreb (Tunisia, Algeria and Morocco). The Maghreb Startup Initiative ran boot camps, organized competitions that reach the interior regions, and rewarded innovative projects in each Maghreb country in the fields of biotechnology, green technology, and information and communication technology (ICT).
Bringing together incubators and business angels from across the entrepreneurship ecosystem, Maghreb Startup provided training, mentoring and cash prizes totaling over $94,000 to aspiring entrepreneurs. The competition was implemented through Partnership for a New Beginning-North African Partnership for Economic Opportunities (PNB-NAPEO) with support from local and international partners and sponsors including Abraaj Capital, Intel, Gust Angelsoft, Wamda and the Atlantic Council.
You can learn more about the Maghreb Startup Initiative here.