Explorer is structured into 2 cohorts per year (Spring/Summer, and Fall), and each cohort has an application associated with it.
As a new Explorer team, you can apply for any cohort. You can also be a one person team if you don’t have team members yet. However, we strongly encourage you to recruit at least one partner to join your venture.
As a continuing Explorer team, you must re-apply and re-qualify to join and continue in Explorer. Your re-application may be for an extension to use your current funding or you can request additional funding for the subsequent cohort. You will not automatically be admitted to the next cohort and your team’s commitment from the current cohort (including team attendance, interaction with mentors, the timely deliverables, communication with the Explorer teams) will be heavily weighed in the evaluation.
Explorer can provide (pending an evaluation of your proposal), in collaboration with the ILO/Fablab, Green Energy Park (GEP), StarGate and MASciR physical space and equipment access for those projects that require it and are relevant to the mission of the collaborating organizations.
Explorer awards up to 250.000 MAD cumulative funding per idea/venture (Technopark and PASET teams are only eligible for mentoring and are not eligible for funding). The application you qualify for (over or under 50.000 MAD) is determined on a cumulative basis, for example:
If in your first cohort you received 20.000 MAD and are now applying for 40.000 MAD, you now have a potential cumulative funding of 60.000 MAD and you are in the over 50.000 MAD application range.
If in cohort 1 you received 20.000 MAD and are applying for 20.000 MAD, you fall in the under or equal to 50.000 MAD application range.
The funding that you are given is subject to very strict spending guidelines. There are two ways to spend your funds. A first is your team purchases the items and then submits a reimbursement request and the second is in-kind services. Both are limited to specific categories. Please see Use of Funds tab on this website. However, all expenditures must be approved ahead of time and paid for by your mentors and the Explorer program BEFORE any purchases are made.