UM6P Launches BADEE Subsidiary to Support Socially Responsible Businesses

In a move to promote sustainable entrepreneurship, Mohammed VI Polytechnic University (UM6P) has announced the launch of its subsidiary, BADEE (Bidra Innovation Ventures). This new initiative aims to support and empower socially responsible businesses that are committed to addressing the challenges faced by the African continent.

Fostering a Culture of Social Responsibility

BADEE, which translates to "seed" in Arabic, is dedicated to nurturing and investing in startups that prioritize social impact alongside profitability. By providing financial backing, mentorship, and access to UM6P's extensive network, BADEE seeks to create a thriving ecosystem of socially conscious entrepreneurs.

Investing in Sustainable Solutions

The subsidiary will focus on identifying and supporting startups that offer innovative solutions in areas such as renewable energy, sustainable agriculture, and inclusive finance. BADEE's investment strategy prioritizes businesses that demonstrate a strong commitment to environmental protection and social equity.

Leveraging UM6P's Resources

As a subsidiary of Mohammed VI Polytechnic University, BADEE will leverage the institution's research capabilities, academic partnerships, and state-of-the-art facilities to support its portfolio companies. Entrepreneurs will have access to UM6P's laboratories, co-working spaces, and a pool of experts from various fields.

Collaboration with Key Stakeholders

BADEE will collaborate with key players in the Moroccan and international entrepreneurial ecosystems, including companies, incubators, accelerators, and investors. By fostering these partnerships, the subsidiary aims to create synergies and facilitate the growth of socially responsible businesses.

Empowering the Next Generation of Leaders

Hicham El Habti, President of UM6P and Board Chair of BADEE, emphasized the university's commitment to empowering students and researchers to become leaders capable of solving Africa's most pressing challenges. "We actively support them in turning their entrepreneurial ideas into reality and in creating an enduring positive impact that extends beyond the borders of our continent," he stated.

Conclusion

The launch of BADEE by Mohammed VI Polytechnic University represents a significant step towards promoting sustainable entrepreneurship and social responsibility in Africa. By investing in and supporting socially conscious startups, UM6P aims to contribute to the development of a more equitable and environmentally sustainable future for the continent.