Wired Startups is a mentorship-driven incubator and seed capital entreprise based in Morocco. We brings together teams of developers and entrepreneurs as CoFounders, based on skills and affinity, within an ecosystem where they build, validate and scale ideas into marketable solutions.
We look for Cofounders who are passionate, hungry for success, that have an excellent ability to execute and that know or have a willingness to learn about the industry they are building the project for.
Teams that get into our incubator get their own team offices and have several coworking areas available to them. There is a rigorous curriculum that is followed during the period of incubation, that assists them in all needed areas to build the project and run it as a business.
Our methodology is a bit different as we get directly involved since the initial phase of any project and will typically stay invested during a continuity period and up to an exit.
Our own team of developers and experts will team up, during our Start School cycle, which lasts 12 months, with several teams of developers and entrepreneurs to help them develop their projects, validate them, present them and scale them up.
Typically we provide seed capital to build the prototype and give our CoFounders, stock options and a monthly stipend. Each project usually has a team of two to four CoFounders that work with several experts and mentors from our core team.
Our investment per project in its initial phase varies from 250 thousand dirhams and up to 1 million dirhams (25k to 100k USD). These funds are used to build a viable, scalable prototype. Once a prototype is proven and validated, further funds are raised in a followup round through our investors who are committed to helping founders build their startup into strong, scalable and successful companies.
So far at Wired Startups we have been able to bootstrap ourselves to an entirely furnished and functioning 10 levels building in the center of Casablanca, Morocco. We have attracted very strong partners and talent that can benefit and believe in our projects. To go further, we do need to make further alliances and to bring in the right investors.
We believe that we offer a very diversified portfolio of projects that covers solutions in different industries and provides dependable revenue streams .
We are looking for investors who believe in our concept and believe in the capacity of African and MENA entrepreneurs and their ability to build competitive international statups.
An ideal investor would intervene in at least one of the different phases of our cycle, be it the initial funding of the portfolio of projects, or the followup scalability / continuity phase which occurs when prototypes have been created and validated.
We are especially seeking investors who can assist us beyond providing funds and have a vision that is aligned to ours and can increase our projects through providing necessary access to connections that can further build the value of our portfolio of startups.