The Monaco Boost Incubator Will Soon be Welcoming New Businesses

©Direction de la Communication - Michael Alesi

On 15 July 2021, Mr. Jean Castellini, Minister of Finance and Economy, chaired a new meeting, in the presence of Mr. Stéphane Valeri, President of the National Council, with a view to allocating offices and workspaces at the Monaco Boost business incubator.

Among the applications examined, 45% of businesses are in the process of being set up and 55% are young companies in the process of development, in a very wide range of sectors.

82% of applicants expressed their desire to recruit in the short and medium term, confirming Monaco Boost's aim of being a real springboard for them and a full participant in the Principality's economic recovery.

The new companies selected will join the business incubator in August, and will thus become part of the select group of Monegasque entrepreneurs based at Monaco Boost.

From the Autumn, a number of themed workshops and various meetings with local professionals will be made available to the "Boosted," to help them develop their business.