MonacoTech has showcased a new generation of entrepreneurs at its annual Demo Day, bringing together innovative startups, investors and business leaders to explore emerging technologies and the opportunities they offer the Principality’s economy…

The event provided a platform for promising young businesses to present their ideas, demonstrate their technologies and establish valuable connections with potential clients, investors and institutional partners.

Among the innovations showcased were pioneering environmental solutions, including the use of fungi to break down plastic waste and intelligent systems designed to improve the energy efficiency of yachts. Other projects explored drone technology for maritime deliveries and interactive digital showrooms, reflecting the increasingly diverse applications of technology across Monaco’s established industries.

The government-backed incubator currently supports 22 startups spanning artificial intelligence, yachting, healthcare, sport and the blue economy.

Under the leadership of Annabelle Jaeger-Seydoux, who became director in September following six years heading Monaco’s Energy Transition Mission, MonacoTech continues to encourage entrepreneurship and sustainable innovation. Beyond presenting new technologies, Demo Day highlighted the importance of connecting emerging businesses with Monaco’s wider economic community.

For these ambitious entrepreneurs, the Principality offers more than a place to establish a business. Its international reputation, influential networks and distinctive economic environment provide valuable opportunities to develop innovative ideas and reach markets far beyond its borders.

Source: Monaco Info.