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Morocco is at a critical stage of its economic development and Endeavor will be a big contributor.
Endeavor Morocco was launched with the support of the United States Agency for International Development in Morocco, which has provided a grant to launch Endeavor Morocco through its Morocco Economic Competitiveness (MEC) program with the aim of advancing youth entrepreneurship. Additional support for the launch has come from the Citi Foundation EMEA.
Endeavor Morocco is Endeavor’s sixth affiliate in the Middle East, North Africa (MENA) region, following successful launches over the past six years in Turkey, Egypt, Jordan, Lebanon and Saudi Arabia. Endeavor has already selected 131 entrepreneurs representing 73 companies in the MENA region and provides these entrepreneurs a range of services including mentoring, access to key networks and introductions to sources of smart capital.
“Through our work with high-impact entrepreneurs in the MENA region, we hope to inspire a culture of entrepreneurship, leading to innovation as well as job and wealth generation,” said Endeavor Co-founder & CEO Linda Rottenberg. “We’re very excited by the enormous opportunities to build entrepreneurship in Morocco and the Maghreb.”