MonacoTech and CFM Indosuez Collaborate to Enhance Startup Funding Opportunities

MonacoTech, the premier incubator and accelerator in the Principality of Monaco, has formed a strategic partnership with CFM Indosuez Wealth Management to provide its startups with access to the Indosuez Group’s digital platform, ‘StartUp Connections’. This platform is designed to connect entrepreneurs with potential investors, enhancing funding opportunities and fostering innovation within various fields including BioTech, MedTech, GreenTech, and BlueTech. Announced on November 5, 2024, this collaboration aims to amplify the visibility of MonacoTech’s emerging companies both locally and internationally.

The ‘StartUp Connections’ platform, developed by Indosuez’s Innovation Lab, not only facilitates targeted interactions between investors and entrepreneurs but also allows private clients to explore over 100 international startups seeking funding, sorted by sector, maturity, and impact. Originally launched in France, the platform has successfully facilitated more than 250 connections and is now expanding its reach beyond the Crédit Agricole Group’s original accelerator network to incorporate global innovation ecosystems, including Monaco.

MonacoTech’s Director, Sandrine Sauval-Chanteloube, expressed enthusiasm about the opportunities this partnership represents, stating that ‘StartUp Connections’ significantly enriches the support offered to MonacoTech entrepreneurs, providing them with a unique resource to connect with a broad network of investors. As part of the initial phase, several MonacoTech startups have been introduced to CFM Indosuez teams to assess their eligibility for the platform, promising to reinforce Monaco’s status as a burgeoning hub for technological innovation and investment.