The Moroccan entrepreneurs network StartupYourLife inked two new partnerships this month, in an attempt to bring more visibility to Moroccan startups on an international scale.
The organization, often called SYL, will be working with the international startup competition Seedstars World (SSW). Seedstars is a worldwide startup competition for emerging markets and fast growing startup scenes. The competition will hold regional events in different cities accross the world. For each regional event, Seedstars World selects 15 to 20 startups to come for a 6 min pitch / 4 min Q&A in front of jury members and attendees. The regional winners will be invited to pitch at the final event in Geneva and compete for up to 500K USD equity investment.
Last year, organizers held the competition in only one MENA city, Dubai. This year, Amman and Casablanca will be added to the list. The Casablanca event will take place on May 17th, and will be organized in collaboration with StartupYourLife. Interested startups must join StartupYourLife to apply; application must be sent at firstname.lastname@example.org..
SYL also signed a partnership with famous Jordanian accelerator Oasis500. Following an article published on Wamda, the accelerator contacted the local community to “explore investment opportunities with Moroccan startups and help us in our mission to boost the startup scene in Morocco,” explains founder Kenza Lahlou.
This partnership will create bridges between SYL and Morocco’s startups and Oasis500’s investment team. Both organizations will work together to organize a one-week bootcamp in Casablanca, similar to the ones that took place in Palestine and Lebanon (read our review). This bootcamp, set to take place in the fall, will give selected startups access to mentorship from various regional entrepreneurs, mentors, and investors, and will conclude in a demo day in front of Oasis 500’s investors. Laureates will be sent to Amman to follow the three-month acceleration program.