Day: 16 May 2017

On Tuesday, May 16, the International University of Monaco (IUM) and MonacoTech showed their joint commitment to support entrepreneurship in the Principality.

Fabrice Marquet, Director of MonacoTech, presented Monaco’s recently launched Incubator and Accelerator Startup program to IUM students, after which Mr Marquet and Jean-Philippe Muller, IUM’s General Director, signed an accord to develop a collaboration between the two parties.

The agreement will focus on assisting young entrepreneurs and their participation in startups in Monaco, as well establishing a link between the Incubator program, where applications are now being accepted online, and the entrepreneurial track of IUM’s MBA program.

Mr Marquet emphasised that the team is the most important element when assessing applicants to the Incubator program, followed by the business plan and the probability of the company staying in Monaco after its initial launch period.

After the signing, Diego Bonaventura, Project Manager at Monaco Invest, gave students an overview of the Principality in numbers, which included figures such as 7 percent of the government’s budget is designated to healthcare and the fact that there is one police officer for every 70 people. As well, unemployment is at 2 percent and in 2016, 520 apartments in Monaco sold for €2.2 billion.

Article first published May 16, 2017.

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As the stars start to arrive in Cannes, where as many as 200,000 visitors are expected, local authorities have given strong assurances regarding public safety for those attending the 70th annual Film Festival.

The Maritime Prefecture of the Mediterranean said that from May 17 until May 28, the closing date of the festival, to ensure the safety of those present in the “Fanzone” in Cannes, a special maritime security system has been established, based around two restricted zones, one with a speed limit of five knots and a second inner zone with a speed limit of three knots. The strategy is to deal with any attempt by terrorists to reach the Festival from the sea.

In its communiqué, the Maritime Prefecture added: “The Maritime Gendarmerie will coordinate the resources of the State’s naval divisions in the area – Navy, Maritime Police, Departmental Gendarmerie, Customs, Maritime Affairs and National Police. The mission is to ensure the control of the maritime area of the Bay of Cannes and, in particular the immediate approaches of the festival palace, the port and the beach, to inform, detect, question, control and neutralise if necessary all suspicious movements.”

In addition, “Other marine facilities are also placed on alert and capable of reinforcing the system on the orders of the Maritime Prefect.” The maritime precautions are being put in place to complement heightened security on land.

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