The 2nd selection jury of MonacoTech, the Incubator/Start-up Accelerator created by the Monegasque State in partnership with Monaco Telecom and Xavier Niel, met on 18 September. It chose 10 of the 105 files submitted, bringing the number of start-ups that will be housed in the premises in Fontvieille to 15. As a reminder, five projects were selected by the 1st selection jury in July.
MonacoTech is the only structure of this type in the Principality. Its main aim is to support the creation of innovative projects via a network (Business Angels, Venture Capital, Banks, etc.) and a dynamic ecosystem.
The premises consist of an open space of more than 800m², which can accommodate up to 50 people, i.e. approximately twenty start-ups, with a a co-working area that will be made available for a cost of EUR 150 to EUR 300 per desk, depending on the option chosen.