Innov Risk is a financing mechanism in the form of a repayable advance, designed to support startups and young innovative enterprises that have successfully raised capital, backing projects with high technological or commercial risk and covering their working capital, investment, and go-to-market needs.
What is the purpose of the mechanism?
Innov Risk is a financing mechanism in the form of a repayable advance, designed to back innovative projects with a high degree of technological or commercial risk, built on a shared-risk model between stakeholders.
Who is eligible and which sectors are covered?
Innov Risk is aimed at innovative enterprises with projects at an advanced stage of maturity or facing significant uncertainties, particularly where these projects prove difficult to finance through conventional banking channels.
What projects qualify and how does the financing work?
Eligible expenses are those directly linked to the development of the innovative project, including ideation and testing, production facilities, marketing, commercialisation, and working capital needs. Financing takes the form of a repayable advance capped at 50% of external investor contributions, up to a maximum of MAD 2 million.
What are the financial terms and how do I apply?
Innov Risk is granted as a repayable advance, with a one-year deferral period starting from the completion and commercial operation of the project, followed by repayment spread over five years. Applications are submitted exclusively through TAMWILCOM's partner fund management companies, which are responsible for receiving and processing files.
