Gouvernement Princier de Monaco
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News of theme "The Economy"
21 April 2017 News flash

Presentation on MonacoTech on the Occasion of the Diplomatic Conference

A presentation on the MonacoTech project was made by Fabrice Marquet, its Director, on the occasion of the Diplomatic Conference, at which the Ambassadors of Monaco abroad gathered for two days. 

© Manuel Vitali - Direction de la Communication

In partnership with Monaco Telecom, and in connection with "Station F" by Xavier Niel in Paris, MonacoTech is the Incubator/Accelerator for the Monegasque State's start-ups.  The aims of this structure are multiple:  to support innovative business creation projects in Monaco, to create successful companies, to diversify activities by positioning itself as a credible, influential centre for innovation and to encourage indirect economic spin-offs.  In the long term, it will be necessary to ensure that new companies are sustainable and integrate them into the local economic fabric. 

Local and international projects in all technology-related fields (such as Fintech, Healthtech, smart city, connected devices, etc., ...), originating from natural or legal persons, will be studied by a jury of professionals. 

Premises offering 800m ² of open space, able to accommodate up to 15 start-ups, i.e. with up to approximately fifty seats, with a semi-public area and co-working area, will be made available for an average price of 100 to 300 euros per registered office, depending on the package.  Start-ups will benefit from advice, follow-up, help and support and financing in the initial stages, while they are being set up. 

A call for applications will be launched next week and it is planned to open the site in the autumn of 2017.

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