Tunisia: Microsoft launches IMPRESS entrepreneurship programme to back start-ups
Microsoft has sponsored the IMPRESS programme to back the ten best start-up projects it finds through its Microsoft Innovation Centre in Tunisia’s El Ghezala technopark.
"We have designed the IMPRESS initiative to stimulate the spirit of innovation and back up young businessmen in the development of their business. We hope to give to selected projects a considerable technology support and a substantial added value", said Sarra Hanachi, director of Microsoft Innovation Center.
Selected start-ups will make the most of a very high-level technological support with notably an access to advanced technological laboratories. Renowned financial partners such as the small and medium-sized financing bank (BFMPE) and fund management companies (Tuninvest finance group and Alternative Capital Partner /ACP/) will provide, in turn, not only possible financing but also a coaching to help these start-ups work out a quality business plan.
The Microsoft Innovation Centre (MIC), the first of the kind in North Africa, was created in Tunisia as part of the strategic partnership agreement concluded between the Tunisian government and the Microsoft company in 2006. The space, which was inaugurated last May, aims at backing up the development of the Tunisian software industry by stimulating innovation and entrepreneurship and boosting industrial partnership.