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<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">The 3rd cohort of the UM6P Explorer program finished on Thursday, August 26, 2021 with a virtual showcase. This demo day showcased a selection of entrepreneurs from the UM6P ecosystem and provided an unparalleled opportunity for visitors to get a closer look at their innovative projects.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">The showcase program included a plenary session with a panel of Explorer program participants sharing their entrepreneurial journey to date, followed by public visits to the teams' presentation rooms. These visits allowed the participating teams to interact with the audience and answer various questions about their startups.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">The project holders belong to different partners of UM6P including, among others, the coding schools 1337 and YouCode, the Green Energy Park, Mascir, Akhawayn University, Mohammed V University, Hassan II University and Cadi Ayyad University. In total, 24 projects were present in the showcase. In total, 24 projects were present in the showcase.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>- Agriculture: </b></span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Spiru-star</b> offers dietary supplements to fight malnutrition and meet the dietary needs of the world's population.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Entomonutris</b> is a biotech startup based in Morocco and Canada that commercializes a new source of proteins and biofertilizers from insect farming for agriculture and aquaculture.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Fymac marketplace</b> is a Moroccan platform for sharing agricultural equipment. The platform offers farmers opportunities to rent and share equipment that can reduce costs and create value for all stakeholders.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Air to products</b> aims to enrich air with CO2 for better plant growth and yield in greenhouses using a new separation process.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>- E-Commerce: </b></span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Gudcy</b> is creating a platform for selling personalized merchandise.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Wallgame</b> is a startup that aims to make game purchases easier and more accessible to Moroccan gamers, especially those under 18, who do not have a credit card.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Giftlab</b> offers unique gifts in personalized handmade boxes. </span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>E-Takchita</b> is an e-commerce platform specializing in the marketing of traditional Moroccan clothing, luxury accessories and second-hand crafts. E-Takchita aims to enhance the Moroccan cultural heritage, to meet the market demand and to allow Moroccan craftsmen to find their customers.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Balab</b> is an online marketplace where users can buy and sell second-hand products. The platform aims to make buying and selling easier than other platforms located inside or outside the country.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Restauration</b> is a mobile application aimed at connecting restaurants with customers.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Snack</b> <b>Chat</b> offers high-quality, sugar- and additive-free dry foods rich in protein and antioxidants, delivered in reusable bags with a wide range of choices and a personalized experience.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Dwati is a platform that allows users to order medicines online and have them delivered to their homes.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>- Energy : </b></span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Helios-Cab</b> aims to develop new means of transportation for the cities of tomorrow.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Smart Comfort Building</b> proposes an automatic thermal comfort system. This system is interconnected to the different thermal equipment of the building to automatically regulate the temperature when needed.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>- Environment:</b></span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>MoNaCo</b> transforms biomass waste into high value-added sustainable bioproducts for use in areas such as construction, agriculture, packaging, automotive and aerospace.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Repa-BSF</b> is developing an innovative technique that uses insects to transform household waste into protein-rich feed. The startup is currently testing its solution on waste from the UM6P canteen.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Marshy</b> enables customers to optimize the purchasing process of organic products.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">- <b>Healthcare</b>:</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Glutect</b> is developing an infrared-based gluten detector. The startup is currently in the prototyping phase and hopes to soon contribute to improving the daily lives of patients suffering from celiac disease.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>ITMED</b> Morocco is working on hospital digitalization, bringing added value and innovative services to the various players in the hospital system.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">- <b>IT</b>: </span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Naja7</b> aims to gamify students' learning methods and help them achieve better results while having fun.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>I-sense</b> offers a unique solution capable of monitoring assets on a large scale through its advanced IoT-based technologies.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Masterlab</b> offers online courses taught by a group of renowned local trainers. Inspiring, memorable, and effective, these courses are designed to enhance learners' creativity and performance.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>- Mobile: </b></span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>Blaaan Go</b> is a gathering app that provides an A-Z guide to pre-planned appointments based on budget and other selection criteria such as public transportation costs, popular venues and prices.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><b>AtlasTrip</b> is a mobile app that allows backpacking enthusiasts to get help during their trips. The startup uses artificial intelligence to reduce the risks associated with excursions and trekking in Morocco.</span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"> </p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Explorer is a program developed by UM6P in collaboration with the MIT Sandbox Innovation Fund, with the aim of providing access to entrepreneurial training, mentoring and potential funding opportunities to entrepreneurs and innovators in Moroccan universities. The Explorer program includes two cohorts of entrepreneurs per year: "Fall" and "Spring". </span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Explorer is part of UM6P's entrepreneurship and innovation platform. It offers a practical, accessible, and personalized approach that accelerates the development of the startup. The program's mentors come from both MIT and the Moroccan entrepreneurial ecosystem. </span></span></span></p>
<p style="text-align:justify; margin-bottom:10px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif">Explorer's pedagogy is based on "learning by doing". In addition to coaching, the program provides entrepreneurs with funding ranging from Dh10,000 to Dh250,000 to help the startup develop a prototype and find its first customers.</span></span></span></p>
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