Monaco Now - Monaco Boost, an innovative business incubator

Located in the heart of the Fontvieille district, the Monaco Boost business incubator is a strategic tool for developing the Principality’s entrepreneurial culture.

Founded in 2021 as a business incubator, Monaco Boost supports the development of young companies run by Monegasques. This 100% state-owned company offers workspaces to companies selected through calls for tender: exclusive offices of up to 30 m², as well as numerous shared workspaces designed to encourage collaborative exchanges: meeting rooms, a cafeteria, a relaxation area and an outdoor terrace. “The implementation of this resource, available to Monegasque entrepreneurs who create and innovate, will serve to promote economic initiatives in the Principality”, commented Minister of State Pierre Dartout, during a tour of the premises.

Occupants can benefit from professional support during the launch or development of their business. On-site thematic workshops, events and business meetings enable selected companies to accelerate their growth and develop their network. Partnerships have been established with the Junior Chamber International and the Monaco Economic Board.

This system complements MonacoTech, the Monegasque start-up incubator. Co-founded by the Government of Monaco, Monaco Telecom and Xavier Niel, MonacoTech aims to identify innovative, high-potential companies and support them throughout their development. It selects projects that echo the country’s economic values and strategies: greentech/cleantech, biotech/medtech, yachting, and not forgetting digital (AI, App) and fintech.

With this in mind, Monaco Boost is, for a limited time, supporting some of the startups incubated at Monaco Tech, such as the mobile application CARLO, or Lanéva, a Monegasque company that converts classic and premium boats to electric propulsion, while creating, selling and renting 100% electric luxury boats.

Learn more : https://monacoboost.mc