Casablanca’s Startup ecosystem
After spending a great time learning and working in Casablanca with awesome leaders and entrepreneurs I came up with this template that will give, to anyone interested, in-depth insight on how the Moroccan capital city is working to be a leading smart city of the country and the African continent-
This guide will support you in your hard work and perseverance in creating, define, accelerate, or growing your valuable Startup in Casablanca.
Casablanca’s eco-system is moving very fast so we should do the same and keep with the pace in innovating and learning processes to support the development of the city and the country.
If you think that there is something missing or new popped up, please tell us.
Startup Stages
1. Idea Stage
This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.
Inspire
· Startup Media: Centralized local information, listings, and news. (i.e. startup blogs/ publications/ lists/ FB groups/ newsletters)
- Wamda (MENA)
- WeCasablanca
- Ventures Africa
- World Bank Group Blog
- Entrepreneur Club By Orange
- Eventbrite
- Startup-ma
- Magnitt
· Inspirational Events: Open, inclusive, beginner startup events (i.e. Startup Weekend, idea fairs, and inspirational meetups)
- Startup Maroc (Startup Weekend)
- TEDx
- Casablanca Smart City
- Morocco Startup Founder 101
- Africa Tech Show
- INWI Innov Events
Educate
· Best Practices: Beginner knowledge-sharing events. (i.e. beginner events that serve to educate more than inspire, like Startup Founder 101, etc).
· Training & Feedback: Skill & Idea development. (Ex. boot-camps and comprehensive training programs, like Founder Institute)
Validate
· Team Formation: Resources for teaming up. (i.e. events or other resources that facilitate early-stage recruitment and cofounder matching)
· Build First Product: Hackathons & resources to build. (i.e. hackathons and other builder-focused events and resources)
2. Launch Stage
In this stage, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
Start
· Establish: Law firms & banks for startups
- Attijariwafa Bank
- Bank Al Maghrib
- Banque Populaire
- BMCE
- BMCI
- Citi Bank
- CIH Bank
- CGME
- CCG
- CDG
- Societè General
- Wafasalaf
· Workspace: Co-working and flexible workspaces (note: “official” office space goes in 3.1.a. Infrastructure)
- Techopark
- Commons
- Buzzkito
- Go4Work
- Seedspace
- New Work Lab
- Work Spot
- Kowork Al Massira
- Biz Jahiz
- Wired Startups
- Start-On by Orange
- Espace Bidaya
Develop
· Formalize: Accounting, development, and HR for early-stage startups.
· Prepare for Seed: Incubators and advanced mentorship. (i.e. advanced knowledge sharing, later-stage events, and resources)
- Seedstars
- Orange Corners
- OCP Foundation
- CJD Maroc
- IFC — World Bank Group
- Wired Startups
- 212 Founders
- INWI Innov
- AFEM
- CEED
- Reseau-Entreprendre
- Espace Bidaya
Launch
· Seed Accelerators: Seed funding mentor programs (Techstars-style programs that provide funding)
- VC4A — Accelerating Entrepreneurship
- CDG Foundation
- Morocco Entrepreneurs
- Maroc Numeric Fund
- Wamda X
- Numa Casablanca
- 212 Founders
- H Seven
- Orange Digital Ventures
- Reseau-Entreprendre
- Oui Capital
· Pitch & Demo: Show local startups for investment (i.e. demo days for companies seeking seed investment)
3. Growth Stage
Here, a startup proves its utility, receives recognition and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
Recognition
· Investor Networking: Connect professional investors with founders. (i.e. events or groups that facilitate connections with professional investors)
· Major Media: Mainstream local business press. (i.e. major local or regional publications that frequently champion local businesses)
- Hespress
- 2M
- Ecom News
- Challenge.ma
- Le Martin
- Oxford Business Group
- Aujourd’ hui
- AFP Maroc
- Huff Post Maroc
- Bloomberg Africa
- MAP (Agencie Marocaine De Press)
- La Vie Ecco
- LesEco
- EcoActu
- Yabiladi
Funding
· Angels / VCs: Seed-stage investors — Series A
- MNF Angels
- CDG Capital
- Blue Mango Capital
- EMPEA
- 500 Falcons
- Angels 4 Africa
- 212 Founders
- MENA TECH Ecosystem (Angellist for MENA)
Growth
· Infrastructure: Office space, HR, local business insurance. (i.e. office space/ HR/ insurance providers for capital-rich companies to grow and scale)
· Expansion: Growth accelerators/consultants. (i.e. programs and business consultants for capital-rich companies to grow and scale)
4. Success Stories
Successful homegrown companies that have raised significant institutional funding, employ a large workforce, or have achieved liquidity.
- Waystocap
- Dabadoc
- Buzzkito
- Omniup
- Happy Coders
- MedTrucks
- Le Wagon Casablanca
- We Love Buzz
- WeBeuz
Supporters
To facilitate the steps, every ecosystem needs strong supporters. Below a list of the people who are working hard and smart.
1. Evangelists
Successful local founders who lead the ecosystem & frequently mentor newbies. (i.e. Local leaders who have taken a leadership position, speak at a lot of startup events, mentor all the programs, etc)
- Mulay Hafid Elalamy
- Meriem Bensalah Chaqroun
- Salaheddine Mezouar
- Othamne El Fardous
- Rakiya Faidoul Eddarhem
- Rafik Kamal Lahlou
- Saloua Karkri Belkeziz
- Hanane Ait Aissa
- Ali Bensouda
- Thami Ghorfi
- Yves Gauthier
- Ismaïl LAHSINI
- Kenza Lahlou
- Marc Rennard
- Reda Taleb
- HanaeBezad
- Lamia Benmakhlouf
- Adnane Addioui
- Yasmine Benamour
- Zineb Drissi Kaitouni
- Mohammed Laytoun
- Laïla MAMOU
2. Government
Public organizations that facilitate local economic development
1. MCINET — The Ministry of Industry, Investment, Trade and Digital Economy
3. CESE — Economic and Social Council of Morocco
5. MAECI — Ministry of Foreign Affairs and International Cooperation
6. MINCOM — Moroccan Ministry of Culture & Communication
7. Ministry of Economy and Finance
8. HAP — High Commission For Planning (studies + reports…)
9. Ministry of National Education
3. Talent
Major local business or tech universities and employers that attract and retain local talent.
· Local Universities (universities with prominent technical or business programs)
- University Hassan II
- Mohammed VI Polytechnic University
- EIGSI
- EFE Maroc
- Emylon Casablanca
- Group ISCAE
- La Factory
- Injaz Morocco
- ESCA
- 1337 Future Is Loading
- HEM — Business School
- Le Wagon Casablanca
Enterprises
· Local Employers (Major technical employers, like Microsoft or Google or large local companies, with large local offices)
If you are looking to launch a startup in Casablanca, and need more info please let me know I will be happy to support!
Guide By Anass Haijeb