Tangier : US embassy in Morocco hands grant to young entrepreneurs

(with MAP)
Estimated read time: 1'

The United States Embassy in Morocco handed, via the Middle East Partnership Initiative (MEPI), a grant of USD 163,000 to the Center for Entrepreneurship and Executive Development (CEED Morocco), for the benefit of the «CEED Grow» project in Tangier.

This project offers 30 small and medium-sized enterprises (SMEs) in Tangier training, mentoring and networking opportunities over a period of 21 months, in order to provide them with know-how through a practical training on capacity-building, and ensure their access to markets, thanks to networking opportunities, as well as financial resources, investors and funding opportunities.

«Through this program, set up via the MEPI, we aim to encourage and promote entrepreneurship in Tangier, by giving a grant of USD 163,000, in order to invest in the entrepreneurial ecosystem of the city», said on Friday David Greene, charge d'affaires of the Embassy of the United States in Morocco, in a statement to the press after a meeting with the beneficiaries of the said program.

The initiative aims to encourage economic growth in Morocco, especially in Tangier, said Greene, noting that it also aims to help young Moroccan entrepreneurs to succeed in their projects, thereby creating jobs.

In addition, Greene said he was very proud of the history linking the United States and Morocco, indicating that this year is marked by the commemoration of the 200th anniversary of the American Legation in Tangier, and therefore of a friendship of more than two centuries.

Be the first one to comment on our articles...