The Casablanca Stock Exchange (BVC) and the Central Guarantee Fund (CCG) recently concluded a memorandum of understanding in Casablanca, marking their common desire to consolidate their partnership in favor of access for small and medium-sized enterprises ( SMEs) to the capital market. Signed by the Director General of the BVC, Karim Hajji, and the Director General of the CCG, Hicham Zanati Serghini, on the sidelines of a meeting organized by the two parties under the theme "Improving the governance of SMEs for better access financing", this agreement aims to strengthen the supply of financing targeting SMEs and to contribute to the development of the capital market, according to a joint press release. The agreement plans to improve the access of the winning companies of the "Elite" program to the various mechanisms of the CCG within the framework of its new product offer, notes the same source. "Our partnership with the CCG is one more step that brings Elite Morocco's certified companies closer to financing through the capital market. Thanks to the efforts of the Casablanca Stock Exchange and the CCG, our SMEs will be able to finance their development and by therefore contribute to the construction of a solid economic fabric", underlined Mr. Hajj, quoted by the press release. This meeting made it possible to initiate "Elite" certified companies to good governance practices as a considerable lever for access to financing. On this occasion, the CCG highlighted the overhaul of its offer made in February 2019 and which provides, among other things, for a doubling of the ceilings in favor of industrial, exporting and green economy companies that have demonstrated their good governance, reports the MAP. Launched by the BVC in 2016, the "Elite" program allows business leaders to benefit from training aimed at familiarizing them with the practices and fundamentals of financial operations and dedicated support to put them in touch with the ecosystem. for better access to financing, in particular through the capital market. In 2018, the Casablanca Stock Exchange, the Abidjan Regional Stock Exchange and London Stock Exchange Group implemented "Elite BRVM Lounge" for West African companies. Currently, Elite Morocco and Elite BRVM Lounge have a total of more than 110 companies, a dozen investors and nearly 25 partners.