Monaco, Wednesday, February 9

The International University of Monaco (IUM) together with Young Professionals in Yachting Monaco (YPY Monaco), Cluster Yachting Monaco and Onboard with Marcela join forces to promote the yachting Industry around the world, focusing on education, sustainable values and networking opportunities for professionals in the yachting Industry.

Presenting Monaco as the capital of sustainable yachting as well as the capital of the super yacht world is of key importance to HSH Prince Albert II. For this reason, the participants of this conglomerate feel particularly proud to be Monaco-based with ambitious projects in mind to position Monaco as the yachting luxury capital of the world.

Young Professionals in Yachting

An association for young professionals (under 40 years of age) which provides educational and networking opportunities. They have different chapter around the world like Monaco, US, UK, The Netherlands, Germany and New Zealand.

International University of Monaco

IUM provides a MSc in Luxury Management and a MSc in Marketing of Luxury Goods and Services that offer a comprehensive set of managerial competences in luxury sectors. Students will have the opportunity to follow a unique specialization in Yachting Business thanks to the partnership with the other members of the conglomerate.

IUM provides research insights dedicated to the UHNWI segment and Yachting. Dr Tarquini-Poli and Prof. Phil Klaus spearhead the research and executive education development of this expertise.

The Mark Challenge

The Mark Challenge, powered by IUM, is a business plan competition powered by the International University of Monaco (IUM) that connects students, alumni, academic professionals, and business leaders from all over the world. Since three years now, the competition

has a Special Award dedicated to the best innovative projects in Yachting. Guidelines are available online. Online Registration is open until February 15th

Cluster Yachting Monaco

The Cluster Yachting Monaco is an action taken by a top-level council of the Monaco Government. Its primary aims are to provide a platform for dialogue and a united body to lobby decision-makers; to encourage interaction; implement synergies between professionals; and embrace industry-related activities to give fresh impetus to local businesses since the creation in 2014.


Consulting firm based in Monaco focused in corporate strategy for yachting companies. A platform for B2B education in the yachting industry, and B2C promoting the yachting lifestyle to current and potential yacht owners.

Events in 2021

Monaco Symposium on Luxury – 7-9 April, 2021

Mark Challenge Grand Final – The six finalists are invited to Monaco to present their business concepts. The event will be held in Monaco on May 19 at the prestigious location of the Monaco Yacht Club. During the event, the Final Jury will select one winning team per category, and special Guests will present Prizes and Awards.

Yachting Ventures – The first yachting accelerator helping entrepreneurs in yachting thrive. Applications start February 2021.