At MonacoTech, we help growth-seeking startups build internationally successful businesses in Monaco.
We foster the startup mindset!
We roll as a big team: we root for our startups and rejoice in their every achievement! Conversely, we set them in motion by ensuring that they have access to the best resources, experts’ advice, and to Monaco’s international business ecosystem.
Succeeding in the entrepreneurial adventure requires a state of mind that we value, encourage and expect from the founders and teams who join us: accountability, implementation, collaboration, customer-centricity, data-driven decisions and results-oriented thinking.
1-on-1 Coaching Sessions
Startups can book a session with our coaches to work in detail on specific aspects of their business. During these meetings, our coaches provide actionable advice and demonstrate how to apply it, such that entrepreneurs become autonomous.
Birds of a Feather Workshops
When a topic becomes relevant to several startups, we gauge interest and hold ad-hoc workshops, led by our coaches and/or external experts.
Our startups have access to a dedicated knowledge-based platform where they can find new tools and resources created during coaching sessions and workshops. Materials include templates, guides and playbooks adapted to the different startups’ development stages, from early-stage to scale-up.
We organize both private and public sessions with investors, entrepreneurs, renowned experts, organisations, industrial players, and potential clients and partners.
MonacoTech startups can attend entrepreneurship classes at the IUM (International University of Monaco).
Community, feedback and Review Sessions
– We love having founders onsite to enable effective communication, thought-provoking exchanges, collaboration and cross-team synergies. That’s why we also work on nurturing the community life.
– Every six (6) months, an external panel – consisting primarily of investors – reviews the progress of our startups and provides recommendations.
– Each startup gets a Monaco Telecom package (phone line, web & email address, an .mc domain name).
– They also have opportunities to join government delegations on international business development trips.
SELECTION PROCESS & CRITERIA
3-stage selection process for 1 yearly call for project
Application form via our website
20-minute online interview
Presentation in front of a jury in Monaco
Applications are evaluated according to three main criteria:
The innovative nature and feasibility of the project, as well as its potential for growth.
Complementarity, state of mind, participation to MonacoTech community life.
The coherence between the project and Monaco’s economic activity; the will to establish one’s company on the Monegasque soil.