Tamwilcom presents the mechanisms devoted to financing MRE initiatives

Tamwilcom organized, Thursday in Tangier, a gathering below the theme “Supporting the initiatives of the Moroccan diaspora: new financing mechanisms, new ambitions”, devoted to the presentation of the financing mechanisms obtainable to assist the initiatives of Moroccans residing overseas (MRE) wishing to spend money on Morocco.

This assembly was a possibility to current Tamwilcom’s world supply, in addition to the brand new options for 2024, specifically the brand new model of the MDM INVEST product and the brand new MDM TAMWIL financing product, which might be deployed by the banking sector and which provide advantageous situations to Moroccans around the globe wishing to spend money on the Kingdom.

MDM INVEST is an evolution of the present product, providing eligible corporations an funding bonus of 10% of the price of the venture, with a ceiling of 5 million dirhams (MDH). The financing includes a minimal participation of 20% in fairness for the beneficiary firm.

Then again, MDM TAMWIL is offered within the type of complementary financing to financial institution credit score. Tamwilcom’s share, amounting to 1 to five MDH (with out being larger than that of the financial institution), will profit from an rate of interest of two.5% excluding taxes (HT). For the financial institution share, the rate of interest might be that of the market.

On this context, he highlighted the mechanisms “Fund to assist funding by Moroccans residing overseas” (MDM Make investments) in its new model and “Co-financing of initiatives by Moroccans residing overseas” (MDM Tamwil), stressing that the primary goal of those two mechanisms is to facilitate funding and entry to financing for Moroccans around the globe wishing to launch initiatives in Morocco.

For his half, the consultant of the Ministry of Economic system and Finance, Mohamed El Idrissi, indicated that the federal government, in software of the Excessive Royal Directions, calling for mobilizing efforts to serve Moroccans around the globe and strengthen their ties with the motherland, has put in place methods and plans to understand the royal imaginative and prescient, noting that the ministry contributes to a number of initiatives aimed toward offering the mandatory funding.

He emphasised the granting of vital attributions to Tamwilcom to present new impetus to the assist and assure mechanisms, significantly in favor of small and medium-sized enterprises and startups, along with creating a brand new design of the financing mechanisms for the initiatives of Moroccans around the globe.

Different interventions highlighted the efforts made to mobilize the abilities of MREs and community their experience within the service of the socio-economic improvement of Morocco, in addition to improve their contribution to investments in numerous productive sectors.

To profit from the benefits provided by the MDM INVEST, MDM TAMWIL and different Tamwilcom financing mechanisms additionally open to diaspora initiatives, it’s crucial to show to native banks, as a key companion within the financing course of.

This occasion was marked by the participation of main gamers in supporting investments by Moroccans around the globe, who actively contributed to the institution of those new methods, together with the Ministry of Economic system and Finance, the Ministry of Overseas Affairs, African Cooperation and Moroccans Residing Overseas, the Ministry of Funding, Convergence and Analysis of Public Insurance policies, the Skilled Group of Moroccan Banks (GPBM), the Common Confederation of Moroccan Enterprises (CGEM) and the Moroccan Company for the Improvement of Investments and Exports (AMDIE).

This assembly, which happened within the presence of the regional banking sector and members of the diaspora, additionally made it doable to current a set of funding assist and help measures deployed specifically by AMDIE and the thirteenth Area of the CGEM and supposed to actively assist the entrepreneurial ambitions of Moroccans around the globe and to stimulate the nation’s financial improvement.

LNT with Map