Monaco Pratique
Practical guideBusiness & entrepreneurship

Official Business Support Schemes In Monaco

all government-backed business support schemes available in Monaco, from funding to advisory services.

Last updated: 2026-04-07
Monaco — business

Key facts

Number of Core Support Programmes
12+
Primary Government Contact
Monaco Business Office, 9 rue du Gabian
Advisory Hours
9:30am–5pm, Monday–Friday

Overview

Monaco offers a structured, multi-layered system of business support schemes managed by the Monaco Business Office and aligned with EU frameworks. Support spans funding, incubation, mentoring, workspace, guarantees, and tax relief.

Core Support Schemes

Innovation & Research Funding

  1. Horizon Europe – EU research and innovation grants for collaborative projects with international partners.
  2. StartUp Programme – Non-dilutive grants for innovative startups, open to all nationalities.
  3. Monaco Fund for Innovation – Dedicated innovation funding managed locally.
  4. EUREKA Fund – Fast-track European innovation funding for market-ready technologies.

Venture Capital & Guarantees

  1. SACDE (Société pour l'Accroissement du Capital et le Développement des Entreprises) – 100% state-owned venture capital provider investing in growth-stage companies.
  2. Monegasque Guarantee Fund – Guarantees on loans (€50,000 minimum) up to €1 million at 65% quota; 0.30% commission.

Start-up & Entrepreneurship Support

  1. Business Start-up Grants – For Monegasques and spouses; covers social security contributions and rent subsidies (€900/€600/€450/month over 3 years) plus free accounting in Year 1.
  2. Monaco Boost – Fontvieille-based incubator offering hot desks (€94/month), dedicated workspace (€227.50/month), and exclusive offices (from €425/month).
  3. Business Centres – Tiered workspace solutions (Start Up MC, Start Up, Primo, Primo+, Primo R, Campus, Campus+, Exclusive Office) at varying price points and eligibility.

Business Development Support

  1. Trade Fair Support – Subsidies for participation in international and regional trade fairs.
  2. Marketing Support Grants – Grants for approved marketing and promotional campaigns.
  3. Industrial Rent Subsidies – Support for businesses with high-cost industrial or warehouse space.

Specialized Support

  1. Interest Subsidies – Reductions in loan interest rates for eligible businesses.
  2. STO Framework – Support under the STO framework for specific sectors.
  3. Cultural Project Support – Grants for cultural enterprises and events.
  4. Professional Independent Artist Grants – Support for self-employed artists and creatives.

Monaco Business Office Structure

The Monaco Business Office (MBO) is organized into three divisions:

  • Business Start-up Division – Advises on pre-creation, business plan validation, legal structure, and access to start-up grants and incubation.
  • Business Development & Financing Division – Helps existing businesses access growth funding, guarantees, and development support.
  • Trade & Industry Promotion Division – Manages trade fair participation, export support, and sector-specific development.

Contact: 9 rue du Gabian, 2e étage | (+377) 98 98 98 98 | 9:30am–5pm, Mon–Fri

How to Access Support

  1. Initial Consultation – Contact the Monaco Business Office to identify which scheme(s) match your business stage and sector.
  2. Application Preparation – The MBO guides you through application requirements (business plan, financial projections, eligibility documents).
  3. Submission & Assessment – Submit via the relevant ministry or programme operator.
  4. Implementation – Once approved, access funding, workspace, or advisory services directly.

Support by Business Stage

Pre-Creation: Grants, Monaco Boost, business centres, advisory. Creation: Business centres, free accounting (Year 1), start-up grants, incubation. Growth: Innovation funding (Horizon Europe, StartUp Programme, Monaco Fund), venture capital (SACDE), guarantees. Established: Export support, marketing grants, trade fair subsidies, industrial rent support.

Tax & Administrative Relief

In addition to direct funding, Monaco offers:

  • Tax relief for new enterprises (specific sectors and durations).
  • Free accounting support in Year 1 (start-up grant recipients).
  • Subsidized social security contributions (start-up grant recipients, 3 years).
  • Low-cost workspace access (Monaco Boost, business centres).

Next Steps

Contact the Monaco Business Office to discuss your specific business needs. Be prepared to share:

  • Business idea or current business profile
  • Timeline and growth stage
  • Budget and funding requirements
  • Professional background

The MBO will route you to the most appropriate scheme and support pathway.

Note: This page is an informational resource based on official Monaco sources and does not replace professional banking, accounting, legal, or financial advice.

Sources & verification
    Last verified: 2026-04-07

    The information provided is for general guidance only. For official procedures, always consult the official sources.

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