Morocco: Launching the “Forsa” program to encourage young entrepreneurs

This program is directed to young people over the age of 18, who have entrepreneurial ideas or projects, and works to help them overcome the difficulties they face in accessing funding and the obstacles faced by very small businesses.

 

One billion and 250 million dirhams have been allocated to this program for the year 2022, and it will cover 10,000 project owners by the end of 2022.

 

The program includes an accompanying mechanism that provides e-training sessions for selected project owners, and a financing mechanism by providing interest-free loans that includes a support of 10,000 dirhams for all selected projects. The loans are repaid over a maximum period of 10 years.

 

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