PACT'RESTRUCTURATION

PACT'RESTRUCTURATION

Helps Moroccan viable firms through PACT'RESTRUCTURATION by funding turnaround planning and recovery expertise for businesses under financial stress.

PACT'Restructuration is a crisis-response co-financing program operated by Maroc PME, Morocco's national SME promotion agency, targeting viable Moroccan TPMEs experiencing financial distress that poses significant employment risk to their region. The program subsidizes the full turnaround process: initial formalisation and elaboration of the restructuring or turnaround plan, followed by personalised deployment support covering strategic repositioning, financial restructuring, and rapprochement with investors — including partnership discussions, joint ventures, and potential business transfer arrangements. Maroc PME's rationale is preventing cascading failures that could destabilize strategic value chains, erode employment, and lose critical industrial know-how.

Maroc PME contributes 90% of eligible plan elaboration and deployment costs, capped at 2.4 MDH per beneficiary — the highest subsidy rate (90% versus 80% for most programs) and the second-highest ceiling in the PACTE TPME suite after PACT'Scale Up. The 90% subsidy rate reflects the economic urgency of the target situation: applicants must demonstrate both major employment risk and confirmed economic viability. Eligibility otherwise follows standard PACTE TPME criteria: Moroccan private-law companies with annual pre-tax turnover not exceeding 200 MDH. Applications are accepted continuously via candidatures.marocpme.gov.ma.

The program covers external expert and consulting costs across both the diagnostic and deployment phases — not capital injection or debt restructuring itself. Expected outcomes include preservation of economic capital and job retention. TPMEs best positioned for this program are those that can document a specific restructuring need — such as a major client loss, contract restructuring, or sector downturn — while demonstrating sufficient operational assets and market position to make a credible case for economic viability and recovery.