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Home » Economy » Morocco Calls on Entrepreneurs to Power Country’s Green Future

Morocco Calls on Entrepreneurs to Power Country’s Green Future

Morocco is calling on entrepreneurs to develop projects that will help power the country’s green energy transition, as part of the AgriTech4Morocco competition.

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Apr, 12, 2022
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Morocco Calls on Entrepreneurs to Power Country’s Green Future

Morocco Calls on Entrepreneurs to Power Country’s Green Future

Rabat – Morocco is calling on entrepreneurs to develop projects that will help power the country’s green energy transition, as part of the AgriTech4Morocco competition.

Applicants are expected to come up with technology that can be used to help develop the country’s agriculture sector in a sustainable and environmentally friendly way. 

The inventions should also fit in with the country’s Green Generation 2020 – 2030 strategy that aims to improve the efficiency and environmental sustainability of Morocco’s agricultural sector.

Applicants should submit goods or services that must address at least one of the priority areas. These areas are “climate risk adaptation, value chain efficiency, capacity building, financial services, and market traceability and transparency.”

Applicants have until May 1 to submit their proposals – a month after the application process opened. Participants that reach the final stage of the competition will have the chance to present their projects to scientists and investors.

The competition is organized by several groups, including the Consultative Group on International Agricultural Research (CGIAR), and the World Bank Group (WBG).

After the call for applications closes, the organizers will select 20 projects and will invite the creators to a three-day intensive boot camp, which will take place on May 18.

The organizers will pick ten finalists to participate in the so-called Acceleration Program, which will take place between May 23 and July 25. 

On July 28 the finalists will pitch their solutions in front of “an exclusive audience of agri-tech scientists, leading investors, and partners.”

Read also: Morocco Commits to 80% Renewable Energy Use by 2050

In 2017, Morocco introduced the “Green Generation” strategy, with the goal of transitioning towards a greener economy by 2030.

Morocco has set a number of ambitious goals as part of the country’s commitment to slowing climate change. 

These goals include aiming to generate 52% of its electricity from renewable sources and to also reduce gas emissions by up to 45.5% by 2030.

Tags: agri-foodagriculturegreen economy in moroccoGreen Generation
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