MonacoTech launches latest startup call for applications

MonacoTech has opened its latest call for applications, offering tech entrepreneurs and international startups a pathway to base and accelerate their development in the Principality.

Applications are now open on the MonacoTech website until midnight on 17th November for projects ready to establish an operational footprint in Monaco. 

To accommodate ventures at varying stages of maturity, the incubator offers two distinct operational tracks. The core incubation programme focuses on helping early-stage founders structure their business models and integrate deeply into the local economic fabric. In parallel, the ‘Entrepreneur in Residence’ stream is engineered specifically for serial entrepreneurs and international startups looking to accelerate their expansion and establish a fast-tracked physical presence within Monaco.

A four-pillar support framework

Successful applicants will gain entry into an intensive support structure built upon four core pillars. This includes personalised strategic guidance featuring regular progress reviews to track milestones and recalibrate priorities. Furthermore, participants secure privileged access to Monaco’s institutional partners, expert networks, and local investors, ensuring direct pathways to funding and corporate synergy. Day-to-day operations are underpinned by a vibrant community of fellow founders and frequent networking events held throughout the year.

Priority sectors and eligibility benchmarks

The current call targets technology-driven ventures committed to scaling their core operations directly from the Principality. To qualify, applicants must possess a functional prototype alongside preliminary market validation—such as user testing, pilot feedback, or initial strategic partnerships—with a clear trajectory toward commercialisation within 18 months.

While primary focus areas for this intake include Health and BioTech, Climate and BlueTech, and Applied AI, the selection committee remains open to projects from other domains provided they demonstrate significant strategic relevance to Monaco’s economic ecosystem.

Rigorous three-step evaluation timeline

The selection process is structured into three consecutive phases to identify the most promising candidates. Following the closing of online submissions on 17th November 2026, a pre-selection committee will conduct video interviews in December. Finalists will then advance to an expert jury pitch session in January 2027, determining the final roster for the March intake.

Co-founded in 2017 by the Prince’s Government, Monaco Telecom, and Xavier Niel, MonacoTech continues to serve as the cornerstone of the Principality’s innovation strategy, providing tailored resources and institutional backing to transform high-potential ideas into thriving commercial enterprises.

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Photo credit: Manuel Vitali 

Porsche Club Monaco and Monaco Liver Disorder unite for Riviera outing

Monaco Liver Disorder (MLD) and the Porsche Club Monaco brought together nearly 60 people for a special journey across Monaco and the French Riviera, giving families supported by the association an opportunity to experience a range of Porsche models.

Held on Sunday 4th October, the event welcomed 20 children and teenagers with their families, with around 20 vehicles taking part in a route from the streets of Monaco to the heights of Èze.

The journey started with two laps around the Monaco Grand Prix circuit before heading towards the Tête de Chien and the Grande Corniche in Èze. Participating cars ranged from classic collector models to newer sports cars, including a Porsche GT3. Throughout the experience, families were able to switch between vehicles and meet members of the Porsche Club Monaco.

AN EXPERIENCE BEYOND THE CARS

The event also gave the teenage participants the opportunity to speak with Porsche owners about their life experiences. According to MLD, the discussions highlighted the importance of work, perseverance, and pursuing personal goals.

The outing concluded with a lunch at Stars of Monaco, bringing together all participants. “This day was a real success and a wonderful discovery for all our families. Seeing the children’s and teenagers’ eyes light up throughout the journey was the greatest reward for us,” MLD said.

The association also expressed its gratitude to the Porsche Club Monaco for its “warm welcome, generosity, and commitment” to the families supported by MLD.

Click on the gallery for more images of the event…

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Photo source: Monaco Liver Disorder

Monaco Basket Association defeats Mondeville to remain undefeated

Monaco Basket Association (MBA) continued its undefeated start to the 2026-2027 season with a 75-66 victory over USO Mondeville on Saturday 10th October, securing its third consecutive victory in Ligue Féminine 2 (LF2).

The match brought together two teams that had remained undefeated through the opening two rounds of competition. In front of 600 spectators, Monaco maintained its lead throughout the match, handing Mondeville its first defeat of the season.

Monaco took an early lead in the opening quarter, outscoring Mondeville 24-21. Despite the visitors remaining within reach, MBA further extended its lead to enter halftime leading 41-36.

The team returned from halftime with increased intensity, taking the third quarter 17-13 and further extending its lead. The final quarter saw a push from Mondeville, but it was too little too late for the visitors. Monaco maintained its overall lead, securing the 75-66 victory.

TÉTART LEADS MONACO

Julie Tétart was instrumental in Monaco’s victory, recording 14 points and 21 rebounds. Her performance helped Monaco dominate under the basket, finishing with 51 rebounds compared to Mondeville’s 32.

Carolina Rodrigues was also a major contributor with 14 points, eight rebounds, and six assists, while Anouk Brun added 12 points in under 14 minutes on the court.

Ilona Hattab delivered 10 points and five rebounds. After the game, she highlighted the team’s defensive performance. “It was a big match. We knew it would be difficult and that the opposing team would rise to the occasion,” said Hattab. “We played with physicality in defence and were aggressive in attack. That’s what worked in our favour.”

MONACO PASSES FIRST MAJOR TEST

The victory marks an important result for MBA. Unlike its previous encounters this season, Mondeville remained competitive throughout the match. MBA assistant coach Bertrand Delage acknowledged the challenge Mondeville presented to Monaco.

“It was a battle that lasted throughout the entire match,” said Delage. “We knew this team would present a physical challenge, with very effective and quick guards.”

With three consecutive wins, Monaco maintains its unbeaten start to the LF2 season as the club continues its ambitious pursuit of promotion to Ligue Féminine 1.

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Photo credit: John Rellegue / MBA

30kg of waste, 530 cigarette butts retrieved from Monaco’s Larvotto beach

A joint coastal and underwater cleanup operation at Monaco’s Larvotto Protected Marine Area has recovered over 30 kilogrammes of rubbish, serving as a visual reminder of the ongoing pressure human waste exerts on local marine ecosystems.

Organised on Saturday 3rd October by the Monegasque Association for the Protection of Nature (AMPN), the annual initiative brought together 35 divers and 15 shore-based volunteers, supported by the Monaco Underwater Exploration Club (CESMM) and the Monegasque Sanitation Company (SMA).

In total, volunteers cleared 30.8kg of waste across the coastline and seabed, with 28.5kg retrieved directly from underwater.

What volunteers found on land and sea

Beneath the surface, divers primarily recovered glass bottles, metal objects, plastics, ropes, and discarded construction debris.

On the shoreline, persistent littering remains a challenge. Volunteers gathered 530 cigarette butts, a figure comparable to previous years, despite Larvotto Beach being a designated non-smoking zone with daily cleaning services.

Photo credit: AMPN

Regional conservation impact

The initiative follows a similar cleanup in 2025 at Monaco’s Educational Marine Area, reinforcing that waste continues to enter protected waters despite strict local regulations.

Founded in 1976 at the request of Prince Rainier III, the AMPN manages Monaco’s protected marine areas, conducting critical research on fish populations and Posidonia seagrass while pioneering conservation initiatives like 3D-printed artificial reefs. 

For local marine managers, the recurring waste highlights the fact that long-term protection of the Principality’s waters ultimately relies on preventing litter at the source across the wider Mediterranean.

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Coastal and underwater cleanup at Monaco’s Larvotto Protected Marine Area. Main photo credit: AMPN

€150 billion in wealth gathers in Monaco as Prince challenges future of philanthropy

Prince Albert II challenged around 100 of the world’s leading philanthropists to rethink who controls their giving, who inherits it and what role artificial intelligence should play in it, as Monaco hosted the inaugural Monaco Summit on Philanthropy on Monday, with guests representing an estimated €150 billion in private wealth.

Hosted by the Prince and Princess Charlene at the Yacht Club de Monaco on 12th October, the invitation-only summit drew founders of major foundations, philanthropic families and representatives of royal and sovereign-linked institutions from more than 20 countries. It was organised by the Prince Albert II of Monaco Foundation and the Princess Charlene of Monaco Foundation, with the support of the Tocqueville Foundation, and is intended to become an annual event.

Freedom, and its limits

“We are living through very uncertain times, and across the world, governments are revisiting their priorities. Urgent issues too often take precedence over essential ones, and international funding is under strain,” the Prince said as he opened the day.

In that context, he argued, philanthropy “enjoys a rare freedom. The freedom to act over the long term. The freedom to take risks. The freedom to support causes that do not yet receive the attention they deserve. Where Governments often think in years, philanthropy can think in generations.”

That freedom, he argued, comes with three challenges. The first is scale: how to grow philanthropic resources without concentrating them in the hands of a few private actors. “After all these issues at stake belong to all of humanity,” he said, calling for closer cooperation with public authorities, international institutions and civil society.

The Monaco Summit on Philanthropy was held at the Yacht Club of Monaco. Photo credit: Michaël Alesi, Prince’s Palace

The second is transmission, as a considerable share of the world’s wealth passes to a new generation. “Yet passing on wealth is not enough. We must involve this generation right now, encouraging their ideas and cultivating the desire to give,” said the Prince. The summit put that into practice with a Next Generation Circle, giving inheritors a platform in their own name.

The third is technology. “I sincerely hope that an algorithm will never decide for us what is worth supporting, but it can help us act more wisely: to identify needs, measure impact, follow the health of ecosystems, and recognise the solutions capable of changing scale,” he said.

‘The humility to listen’

Princess Charlene echoed the concern over technology, asking delegates how AI could “help us meet human needs without losing the human touch”, and urged them to keep beneficiaries at the centre of their work.

“For me, philanthropy begins with a willingness to care – and the humility to listen,” she said. “Above all, the people we seek to support must have a voice in the decisions that shape their lives. Their knowledge, their hopes and their dignity must guide our efforts.”

The day’s sessions ranged from philanthropy’s place in national economies and its role in building public institutions to how foundations can anticipate future crises, closing with a session on AI in practice.

Prince Albert II and Princess Charlene both address The Monaco Summit on Philanthropy. Photo credit: Michaël Alesi, Prince’s Palace

A prize for Dubai

The Prince’s Prize for Innovative Philanthropy went to the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), the Dubai-based organisation established under Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai. Its Director of Sustainability and Partnerships, Ibrahim Al Balooshi, accepted the award from the Prince.

Fifteen years in the making

Although this was the first summit under its new name, it grew from a philanthropy round table that the Prince developed over 15 years with Jean-Guillaume de Tocqueville. It also comes as the Prince Albert II of Monaco Foundation marks 20 years, having supported more than 850 environmental projects, while the Princess Charlene of Monaco Foundation has supported 808 projects in 45 countries, reaching more than 2.82 million beneficiaries, most of them children.

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Photo credit: Michaël Alesi, Prince’s Palace

Monaco scientists light up the deep as red coral nursery passes 800 births

More than 800 baby red corals have been born in artificial caves 40 metres beneath Monaco’s waters since 2023, and scientists are now using underwater lights to draw plankton towards them, in a bid to give one of the Mediterranean’s most precious and slowest-growing species a better chance of survival.

The experiment, launched in mid-September by the CSM–Chanel Research Unit on the Biology of Precious Corals at the Centre Scientifique de Monaco, tackles a basic problem for Corallium rubrum: fixed to the rock and growing just 1 to 8 millimetres a year, red coral cannot go looking for food, so the scientists are bringing the food to it.

A nursery beneath the waves

The six concrete “coral caves”, each measuring one cubic metre, were placed in Monegasque waters in July 2021. Since then, CSM teams have gradually identified the best conditions for red coral to reproduce, for its larvae to settle and for the young corals to grow through their first stages of life, for a species under significant environmental pressure. Chanel and the CSM have been partners in the research since 2019.

Inside the red coral caves in Monaco

Bringing the food to the coral

The new phase asks how improving the coral’s access to food can boost the survival and development of its larvae.

“As a sessile species, red coral does not move around in search of food,” said Dr Stéphanie Reynaud, a research scientist at the CSM. “Its nutritional intake relies in particular on capturing particles and plankton suspended in the water. The amount of food available close to the colonies, and how it is carried by water movements, are therefore essential to its diet.”

In the first phase of the project, the scientists studied how water circulated around the colonies, and rearranged the caves to bring more plankton past the coral.

This second phase targets another lever: light. Because some species of plankton are naturally drawn to it, the researchers first confirmed in a preliminary experiment that lighting could effectively increase the amount of plankton near the colonies. They will now study how this extra supply of food affects the coral’s reproduction, the settlement of new recruits and their subsequent growth.

Scientists are bringing the food to corals off Monaco’s coastline

Marble ceilings and a police escort

The new phase follows extensive laboratory analysis and work to improve the underwater set-up. After testing several types of surface, the researchers identified the one best suited to red coral growth, and the ceilings of the caves, where new recruits will settle, are now lined with white marble plates.

While the new plates were installed, the corals were moved temporarily to the CSM’s aquariums. They have now been returned to the caves with the help of the Maritime and Airport Police Division of Monaco’s Sûreté Publique.

“We handled the logistics of the mission, providing our patrol boat Princesse Gabriella and its crew, as well as divers to help the CSM scientists carry out their work in the caves in complete safety,” said the senior officer who led the dive.

CSM teams will now carry out checks every two weeks to monitor the programme and continue developing new methods to strengthen the scientific basis for growing red coral at sea. Laboratory work on the animal’s biology will also continue.

The research unit has already published more than 15 scientific papers on the hormonal, genetic and cellular mechanisms of Mediterranean red coral, as well as its microbiome, findings the CSM describes as major advances in understanding the species and the conditions needed to conserve it. In 2025, Chanel and the CSM renewed their partnership for a further six years, until 2031.

See also: 

Saving the Med’s red coral: Chanel speaks exclusively on groundbreaking CSM partnership

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Photo of the red coral caves in Monaco, all photos sourced from CSM