Brought to you by: Pastor Real Estate & Barclays
MonacoTech, the Incubator and Accelerator startup program created by the Monaco State in partnership with Monaco Telecom was inaugurated by Prince Albert, Minister of Finance and Economy Jean Castellini and Xavier Niel, owner of Monaco Telecom, on Wednesday afternoon.
With more than 800 square metres of open space, including a co-working space, two fab labs and a ping-pong room, MonacoTech has already welcomed 15 startups over the last few days, from various countries including Singapore and Canada.
MonacoTech is the only organisation of its kind in the Principality. Its main objective is to support the creation and launch of innovative projects through a dynamic ecosystem and a network of business angels, venture capital, banks, and so on.
Jean Castellini, in the presence also of Minister Marie-Pierre Gramaglia, Minister for Public Works, the Environment and Urban Development, and Minister of State Serge Telle, pointed out: “This initiative of the Government is part of the necessary evolution to transform the economy of the Principality over the years to come.”
The Minister of Economy added, “The baby has been born and will grow quickly. We wish her a long happy life.”
There was also acknowledgement from Minister Castellini and Xavier Niel of the efforts and “brilliance” of MonacoTech Director Fabrice Marquet, a Monegasque who launched two businesses of his own during his years living abroad.
The first selection jury had selected five startups out of 67 submitted files (CIEL, Hyve, KeeSystem, TerraioT, YouStock) and the second jury 10 of the 115 files submitted (Novetech Surgery, Lanveva Boats, Phyg, Surgisafe, Coraliotech, Gangz, Nanotek Materials, Linkyourleasure, Teale, Yachtneeds).
Article first published November 8, 2017.
Princess Charlene of Monaco has shared what life is like raising her strong-willed twins in a new interview published recently. The South African born Princess also revealed that her husband, Prince Albert, is a “fun” father who personally takes his kids to school every day.
Monaco’s National Day, celebrated on Tuesday, was filled with all wonderful pomp and ceremony the people of the Principality have come to expect, but this year, the crowds had even more. Everyone was positively enchanted by the nearly five-year old princely twins, who adorably made the day. National Day, held every 19th November, is about […]
A rare survivor of the nuclear blast that effectively ended World War II in the Pacific has spoken to a group of mesmerised students and staff members at Lycée Albert I. Organised by the International Campaign to Abolish Nuclear Weapons (ICAN), The high school’s history and geography class were told the incredible and sad true […]
October has come to be known as ‘Pink October’ and many Monegasque organisations, as well as the government, are supporting the cause. Roughly two million women were diagnosed with breast cancer last year worldwide and of those an estimated 627,000 will die from the disease. That comes out to 15% of all cancer deaths for […]