All the guests then gathered in one of MonacoTech’s airy rooms and Mr. Kütemann as well as Mr. Marquet explained why this partnership is right in line with the vision of both organizations.
Indeed, on the one hand, Monaco Impact is a network of philanthropists and entrepreneurs who wish to support young companies that have a “social impact” as they have themselves gathered experience thanks to their international career and their enrolment in the Monegasque environment, favourable to entrepreneurship.
Moreover, Monaco Impact allows its members to be part of a network that reflects and debates on the evolution of entrepreneurship and on the opportunities linked to the increasing importance of social impact. Through its actions, Monaco Impact aims to reinforce the image of the Principality of Monaco as a place of support for entrepreneurial and charitable initiatives.
On the other hand, MonacoTech is an incubator that was created end of 2017. Since then, the organization has selected and supports seventeen start-ups and their entrepreneurs. Its goal is to provide young promising companies a long-term relationship with the Monegasque business environment, a pleasant workplace and a personalized coaching with administrative support and facilitated access to the Monegasque network.
Both Mr. Marquet and Mr. Kütemann highlighted that their organizations’ values are similar as they put forward innovation, collaboration and commitment.
Moreover, these two organizations have the common objective to invest in supporting entrepreneurs that wish to develop innovative start-ups, which in turns keeps the entrepreneurial spirit of the Principality alive.