for the Promotion of Small and Medium-size Enterprises (ANPME). 1 . financed by ANPME within the framework of Moussanada program. The National Agency for SME Promotion, (ANPME) was tasked with implementing the Moussanada and Imtiaz programmes which together account for roughly. Tags (2): ANPME endowed with a access, ANPME, broadband, ICT, Infitah, Injaz, internet, Maroc numerique , Moussanada, nafid, OCP, Rawaj, SMES.
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The ANPME founds koussanada action on the specific support programmes, covering all the phases of the business life: And, as the government is determined to foster the necessary economic changes, more regulatory, financial and fiscal measures in favor of business transfers are planned in the near future, like the upcoming creation of a new compartment in the marketplace, dedicated to SMEs, or the implementation of guaranteed loans for buyers.
The program aims to contribute to a steady decrease in the unemployment rate via the stimulation of the creation of wealth and job-creating businesses, taking into account the exigencies and specificities of regions.
Needless to say that SMEs are thus moussanaxa the backbone of economic and social growth, and as such do benefit from dedicated public policies in all critical phases: However the lack of skilled labour makes development slower than it needs to be and the number of young unemployed as elsewhere in the world has reached crisis proportions. The advantages that are in place provide for the following: How to become a member? But we also need to build a xnpme database, knowing that we mainly focus today on the qualitative analysis.
The objective is to built a strong partnership win-win. Prime Minister Abdelilah Benkirane has asked Parliament for more time to tackle the many problems facing Morocco’s economy and there are no easy solutions. These operations are much more the privilege of the large groups which often come alone and acquire the majority of shares.
And as I said before, business transfers have a huge potential and thus constitute an appealing opportunity either for national or international buyers. Thus, as in Europe, we face the ageing of the business owners; and although we have no estimation yet, business transfers have a considerable potential, that the government is well aware of.
Transeo E-newsletter # 5: Focus on the Moroccan market
Choosing a mouasanada successor and transmitting the firm formally to the next generation, is part of family firms leadership. Besides, the program strives to ensure the permanence of the regional economic fabric, by means of a business follow-up scheme which provides assistance and advice to small firms during the critical start-up period.
To conclude with, I would say that the major success indicator in our policy mousaanada structure and expand the business transfer system is to see these companies not only survive decades after, but to see them go from SMEs to grow big.
By the end anmpebusinesses, mostly in Casablanca, benefitted from the Moussanada programme, and the ANPME announced in January that it planned to support another enterprises in Added value services to promote this culture of transfer brought by BDO and ANPME include an on-line evaluation of the company, a diagnosis of the potential buyer and a diagnosis of the potential seller.
MOUSSANADA: ICT Access for SMEs | eGov Morocco – Moroccan e-Government Program
The crisis in Europe can be considered as an opportunity to consider differently the neighbours of the south bank where is Morocco. The objective of the barometer is to make a state of the art of business transfer in Morocco and to bring recommendations on how to best support companies to ensure their sustainability through successful business transfers.
The ongoing exclusive negotiations on a Thorough and Comprehensive Free-Trade Agreement ALECA between EU and our country, to achieve deeper economic integration, can only fasten the process in the business transfers field.
Moussanada focuses primarily on providing tools and guidance for SMEs in developing both strategy and organisation, as well as boosting their capacity for production processes,design, and research and development on an industry-specific level according to Oxford Business Group OBG.
The anpje of the politics to encourage and protect these partnerships is strategic to succeed in this challenge.
What are the specific services for sale and acquisition of SMEs? The second issue concerns, as I said, the financing, or rather the lack of it: Both, they can find the solution to strengthen their position which none of the two cannot make alone.
Obviously, business transfers in Morocco do face the same kind of difficulties as in Europe. I strongly perceive business transfer as the key to modernization and emergence of a new breed of entrepreneurs fully equipped and skilled to adapt to a challenging environment. Draft law on business transfer By end And considering the tight historical and economic bonds between Morocco and European countries, especially France and Spain, cross-border transfers are more than welcomed and feasible.
But above all, the two main issues lie in the human factor and the financing. An investment subsidy is thus granted to selected small and medium-sized companies. For further information, kindly consult the following web-site: The advance is to be paid back over a six year period, including a three-year grace period. In order to support and develop private equity, including buyouts to overcome the funding issue in business transfers, a new regulatory framework of venture capital is under adoption.
The access to funding by banks is still limited because of the security required. It is also to be noted that from on, the partial or total buyouts, including in mergers and acquisitions operations, are now eligible for the Imtiaz programme, which will enable to better support such actions.
What are the main problems in the field of business transfers?
A great part of our SMEs are family-run since their creation after the Independence in the s. How many SMEs are likely to ahpme transferred in the coming years? As in most countries worldwide, SMEs form the majority of our national companies. These companies represent a total turnover of 28 billion Dhs, including 4 billion for export and 76 jobs.
Invest in Morocco – Support for SMEs
The father decides which part of the family works into the family business. In order to ideally support business transfers, the ANPME has developped a specific set of services in the Moussanada pack for business transfer. For more information, please consult Maroc PME web-site: This legal reform aims at being in line with international best practices and securing the venture capital activity for investors.
What are the support measures in Morocco for business owners likely to transfer their company on the one side and potential buyers likely to take over an existing business on the other side? Middle Eastern and Arab families are mainly patrilineal Todd, and the father and his sons are the heart of the family and business organisations. Developing SME’s as an engine for growth. Are there any future projects to be mentioned?
The bank has also announced it plans on providing venture mmoussanada to SMEs as a way of boosting financing, while at the same time providing advice, and improving back office functions, according to Oford Busieness Group. Is there like in Europe a lot of companies who should be for sale in the coming years due to ageing of the business owners?
In patriarchal families, the leader is unchallenged and remains the leader of the firm until his death and ownership issues are seldom discussed within the family or within the firm.
Successful mouwsanada transfers are key to make companies sustainable and dynamic. But the authoritarian patriarchal system does not offer a proper open-minded and communicative environment, which facilitates the succession processes even though the relational harmony based on rich communication and mutual anpne is deemed to be a success-factor of the family firms transmission process.
According to you, what is the biggest challenge for the coming years when it comes to successful business transfers in Morocco? Meet us at GES – Marrakech.