Evaluation of entrepreneurial Projects by Young people in Morocco, case of INDH phase III Projects

Abstract

In recent years, entrepreneurship has attracted a lot of interest in many regions of the world, this can be explained by the existing correlation between the creation of new businesses and economic development. However, the latest crisis, linked to Covid19, revealed a sharp increase in the risk of developing entrepreneurship and a reduction in the probability of success at all its stages, in particular for small and medium-sized businesses. Indeed, difficult market conditions alone determine the impossibility not only of economic development, but even of the simple survival of companies without innovations creating new opportunities. Furthermore, despite the increasing scale of financial support to the entrepreneur, it is no longer sufficient and the need to attract investments and borrowed funds determines the importance of the evaluation of innovative entrepreneurial projects.

This article highlights the growing importance of the evaluation of entrepreneurial projects by young people in Morocco, as part of the third phase of the National Human Development Initiative (INDH). Active participation in this process invigorates the entrepreneurial spirit by fostering innovation, encouraging calculated risk-taking and contributing to the creation of an economically prosperous and socially responsible future. While recognizing potential challenges, it also addresses the need to invest in developing the skills and knowledge of young evaluators, so that they can play an effective and beneficial role in the evaluation of entrepreneurial projects.

Keywords: Project assessment, Entrepreneurship, National Human Development Initiative, Economic Inclusion.

Classification JEL : J68- M13-H79

Paper type: Empirical research