Monaco Boost

INFORMATION
STARTING AND MANAGING A BUSINESS
Last updated: 06/03/2023

Monaco Boost is the new business incubator launched by the Prince’s Government in consultation with the National Council. Its purpose is to give a fresh boost to the creation and development of new businesses established by entrepreneurs of Monegasque nationality or spouse of a Monegasque national.

Principle

Located in the Fontvieille district, Monaco Boost offers exclusive offices ranging in size from 10 m² to 30 m², as well as a number of co-working spaces, all designed to promote networking and collaboration.

The incubator also offers occupants a multipurpose space, two meeting rooms, a cafeteria, a waiting room and an outdoor terrace.

Themed workshops, events and professional gatherings will be organised on site to help the selected businesses foster their growth and expand their network of contacts.

Workspaces

 

Hot Desk

Dedicated

Exclusive office

Access

1 day/week
Monday to Friday
from 9.00 am to 5.30 pm

5 days/week
From Monday to Friday
from 9.00 am to 5.30 pm

24/7

Type of workspace

Non-dedicated desk in a shared space

Dedicated desk in a shared space

Private office

 

Monthly option  
Excluding tax

€82,28

€205,70

Depending on the size of the office
(from €385,70)

All of the spaces made available are for office use only, with no storage. 

Conditions

Workspaces are awarded solely on the basis of a call for applications published in the Journal de Monaco.

Please note that the applications received will be reviewed by an Approvals Committee, which will consider the value and viability of the project, and the commitment of the applicant.

Following the review by this ad hoc Committee, applicants will be sent a letter informing them of the outcome of their application.

The successful applicant will be granted a service contract to be signed with the  S.A.M. Monaco Boost for a period of one year, renewable by tacit agreement from year to year, unless terminated, and in any case for a maximum period of 5 years for entrepreneurs of Monegasque nationality and 3 years for entrepreneurs spouse of a Monegasque national.

The type of workspace allocated will depend on the structure of the applicant’s organisation at the time the application is made, and may change over time.

Should you require any further information, please contact the Monaco Boost team as follows:

Administrative contact