Launch of the 4th edition of the Imtiaz program competition (ANPME).
28 August 2011
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The National Agency for the Promotion of Small and Medium Enterprises (ANPME) will launch, on Friday, the call for projects relating to the fourth edition of the Imtiaz program, which aims to support the competitiveness of SMEs within the framework of the National Pact for Industrial Emergence.
According to an ANPME press release, this edition will be implemented with the assistance of six partner banks, namely Attijariwafa Bank, the Moroccan Bank of Foreign Trade (BMCE Bank), the Popular Central Bank, BMCI group BNP Paribas, Crédit du Maroc and Société Générale.
The submission of application files by the partner bank to the ANPME is set for October 31, 2011 at the latest, specifies the press release, adding that companies with an annual turnover excluding tax for the last financial year less than or equal to 175 million dirhams (MDH) are now eligible for the Imtiaz program.
Selected companies benefit from an investment grant that complements the financial arrangement of their project, indicates the same source, noting that this grant constitutes 20% of the total investment amount and can reach 5 MDH per company.
For the selected companies, they are required to contribute at least 20% in equity to the financing of the development project, the remainder being granted by an Imtiaz partner bank.
The Imtiaz program targets national companies with high growth potential, carrying development projects and requiring financial assistance to access bank credit.
It allows beneficiary companies to reach higher levels in terms of turnover, added value, job creation, benefit from the introduction of new technologies or induce a structuring impact on the branches or sectors in which they operate.
The total amount of the Imtiaz grant allocated to the beneficiary companies of the first two editions amounts to 113.15 MDH, recalls the ANPME.
For the 3rd edition of the program, 44 projects were received and are currently being evaluated, underlines the same source, adding that the results will be announced at the beginning of September.
Published on August 24, 2011.
Posted online on August 28, 2011.
Map.ma
According to an ANPME press release, this edition will be implemented with the assistance of six partner banks, namely Attijariwafa Bank, the Moroccan Bank of Foreign Trade (BMCE Bank), the Popular Central Bank, BMCI group BNP Paribas, Crédit du Maroc and Société Générale.
The submission of application files by the partner bank to the ANPME is set for October 31, 2011 at the latest, specifies the press release, adding that companies with an annual turnover excluding tax for the last financial year less than or equal to 175 million dirhams (MDH) are now eligible for the Imtiaz program.
Selected companies benefit from an investment grant that complements the financial arrangement of their project, indicates the same source, noting that this grant constitutes 20% of the total investment amount and can reach 5 MDH per company.
For the selected companies, they are required to contribute at least 20% in equity to the financing of the development project, the remainder being granted by an Imtiaz partner bank.
The Imtiaz program targets national companies with high growth potential, carrying development projects and requiring financial assistance to access bank credit.
It allows beneficiary companies to reach higher levels in terms of turnover, added value, job creation, benefit from the introduction of new technologies or induce a structuring impact on the branches or sectors in which they operate.
The total amount of the Imtiaz grant allocated to the beneficiary companies of the first two editions amounts to 113.15 MDH, recalls the ANPME.
For the 3rd edition of the program, 44 projects were received and are currently being evaluated, underlines the same source, adding that the results will be announced at the beginning of September.
Published on August 24, 2011.
Posted online on August 28, 2011.
Map.ma
