for the Promotion of Small and Medium-size Enterprises (ANPME). 1 . financed by ANPME within the framework of Moussanada program. The National Agency for SME Promotion, (ANPME) was tasked with implementing the Moussanada and Imtiaz programmes which together account for roughly. Tags (2): ANPME endowed with a access, ANPME, broadband, ICT, Infitah, Injaz, internet, Maroc numerique , Moussanada, nafid, OCP, Rawaj, SMES.
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I strongly perceive business transfer as the key to modernization and emergence of a new breed of entrepreneurs fully equipped and skilled to adapt to a challenging environment.
Transeo E-newsletter # 5: Focus on the Moroccan market
But above all, the two main issues lie in the human factor and the financing. Could you explain the situation of transfers of SMEs in Morocco?
How many SMEs are likely to be transferred in the coming years?
And as I said before, business transfers have a huge potential and thus constitute an appealing opportunity either for national or international buyers. It is also to be noted that from on, the partial or total buyouts, including in mergers and acquisitions operations, are now eligible for the Imtiaz programme, which will enable to better support such actions. So for me, the success of business transfers is reliant on how private sector handles and interacts with the public ongoing SMEs development and support programs.
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SME’s as an engine for growth
Investor Area – Assisted navigation – Useful links – With one click! In order to support and develop private equity, including buyouts to overcome the funding issue in business moussanqda, a new regulatory framework of venture capital is under adoption.
Besides, the program strives to ensure the permanence of the regional economic fabric, by means of a business follow-up scheme which provides assistance and advice to small firms during the critical start-up period. Are there any future projects to be mentioned? Mousdanada the authoritarian patriarchal system does not offer a proper open-minded and communicative environment, which facilitates the succession processes even though the relational harmony based on rich communication and mutual mooussanada is deemed to be a success-factor of the family firms transmission process.
And considering the tight historical and economic bonds between Morocco and European countries, especially France and Spain, cross-border transfers are more than welcomed and feasible.
Draft law on business transfer By end Moussanada focuses primarily on providing tools and guidance for SMEs in developing both strategy and organisation, as well as boosting their capacity for production processes,design, and research and development on an industry-specific level according to Oxford Business Group OBG.
MOUSSANADA: ICT Access for SMEs
And arranging financing is clearly crucial in this strategy. Needless to say that SMEs are thus considered the backbone of economic and social growth, and as such do benefit from dedicated public policies in all critical phases: Is there like in Europe a lot of companies who should be for sale in the coming years due to ageing of the business owners?
For more information, please consult Maroc PME web-site: In patriarchal families, the leader is unchallenged and remains the leader of the firm until his death and ownership issues are seldom discussed within the family or within the firm.
The Ministry of Industry, Commerce and New Technologies launched two programmes which are designed to enable SMEs to obtain financial and advisory assistance. Business transfer is an important step in the life of a business, this represents a major change, which ought to be well prepared to guarantee the continuity of the company and its growth in the future. Middle Eastern and Arab families are mainly patrilineal Todd, and the father and his sons are the heart of the family and business organisations.
A great part of our SMEs are family-run since their creation after the Independence in the s. Functional programs are thus launched to improve productivity and to speed up the use of information technologies within firms, bringing about enhanced competitiveness factors, in terms of reduction in costs, shortening of lead-times, and improvement in the quality delivered.
Supporting business transfers in Morocco is essential for us, considering the changeing business demographics in Morocco, characterized by few creation of new companies and many winding up of businesses. Morocco strives to become a regional investment and financial hub, thanks to its geographic and economic assets, and its business-friendly legal environment.
And, as the government is determined to foster the necessary economic changes, more regulatory, financial and fiscal measures in favor of business transfers are planned in the near future, like the upcoming creation of a new compartment in the marketplace, dedicated to SMEs, or the implementation of guaranteed loans for buyers.
However the lack of skilled labour makes development slower than it needs to be and the number of young unemployed as elsewhere in the world has reached crisis proportions. The Moroccan government has engaged in numerous policies to support economic growth and promote initiative and entrepreneurship. In the same section. Inprivate equity firms raised more than 9 billion Moroccan dirhams equivalent of million Euros. The crisis in Europe can be considered as an opportunity to consider differently the neighbours of the south bank where is Morocco.
All of these actions purport to help companies boost their performance, optimize their productivity, and access new markets. The father decides which part of the family works into the family business.
Invest in Morocco – Support for SMEs
Developing SME’s as an engine for growth. The objective of the barometer is to make a state of the art of business transfer in Morocco and to bring recommendations on how to best support companies to ensure their sustainability through successful business transfers.
According to you, what is the biggest challenge for the coming years when it comes mouwsanada successful business transfers in Morocco?
Choosing a proper successor and transmitting the firm formally to the next generation, is part of family firms leadership. But we also need to build a statistical database, knowing that we mainly focus today on the qualitative analysis. What are the support measures in Morocco for business owners likely to transfer their company on the one mousaanada and potential buyers likely to take over an existing business on the other side? What are the main problems in the field of business transfers?
The advantages that are in place provide for the following: