ISTITMAR by BANK OF AFRICA

Are you starting a new business or do you want to develop the growth of your company? Are you eligible for the ISTITMAR program and would like to benefit from it?

ISTITMAR is an investment competition held at national level by Maroc PME, which purpose is to support the growth of SMEs operating in the industrial ecosystems, through the granting of an investment premium. This investment premium is a "gift" granted to the selected SMEs at the end of the selection process.

This offer aims to support the growth of SMEs through the granting of loans, accompanied by investment premiums. This way, with ISTITMAR, SMEs will easily be able to finance the necessary investments to deploy their project: construction, buildings, production equipment, patents, etc.

3 key benefits

By benefiting from the ISTITMAR program, you choose a BANK OF AFRICA financing adapted to your needs (bank loan, leasing, crowdfunding, self-financing, etc.) and benefit from an investment premium ranging from 20 to 30% of the overall project cost.

A flexible solution that can combine multiple financing methods
An investment premium ranging from 20 to 30% of the overall project cost
The "Istitmar croissance" loan, which finances up to 60% of the planned investment.

Stay informed.

To be eligible, the VSE or SME must be an existing or new Moroccan company. SMEs must have achieved a turnover of between 10 and 200 Million Dirhams (or submit a forecast for the first 3 years of this amount). As for VSEs, their turnover must not exceed 10 Million Dirhams in the last financial year (or on the forecast for the first 3 years).

Eligible operations must be expansion or diversification projects with a high impact on the creation of added value and employment, and allow the company to reach higher levels in terms of achieved turnover on the domestic market or internationally.

Example of fundable projects:

Strengthening of production capacities related to an order placer or industrial ecosystems;
Development of new products, in particular related to national brands;
Access to new markets and internationalisation;
Industrial projects with a focus on the environment, in particular waste recycling.

For SMEs, the investment premium can amount to 20% of the overall project cost (including VAT) and can reach up to 10 Million Dirhams. For SMEs, the investment premium can amount to 30% of the overall project cost (including VAT) and can reach up to 2 Million Dirhams.