The First Monaco Boost Offices are Allocated

©Direction de la Communication/Manuel Vitali

Mr. Jean Castellini, Minister of Finance and Economy, today chaired the first meeting to allocate offices and workspaces at Monaco Boost, in the presence of Mr. Stéphane Valeri, President of the National Council.

This was an opportunity for the participants to hold lengthy discussions on the applications received for the Monegasque business incubator during this first phase.

Of the applications examined, 48% of the businesses are in the process of being set up and 52% are young companies in the course of development, in a wide variety of sectors.  A large proportion of the applicants would like to benefit from office space in order to recruit staff in the short or medium term.

The selected entrepreneurs are expected to move in during April 2021.  They will thus benefit from a working environment that is conducive to the development of new business and the creation of synergies. 

Today, Monaco Boost has confirmed its role as a springboard, and is an integral part of the Principality's economic recovery.