Innovation plays a key role in the French economic diplomacy. And so, both the government and private companies have developed several programs to help businesses French to expand itself internationally. Moreover, these programs serve to attract new foreign companies to this innovative ecosystem. the various support to business in FranceThe following stand out:
NETVA (New Technology Venture Accelerator)
Program that offers young people startups French innovative character of these the possibility to develop and establish the United States of America. It was released in 2010 directed by the Department of Science and Technology Embassy of France in the United States. It seeks to answer the need for internationalization of startups French to develop innovative products or services with high value to society. This department has the support the Ministry of Higher Education, Research and Innovation, and Business BpiFrance France. In total, it has 30 partners from France and the United States of America.
The NETVA is a competition that takes place every year, where 15 startups They are selected. These first can make use of intensive training at a seminar in Paris on the approach to North American markets. Then, these startups can choose before 5 ecosystems of the United States. During your stay you will participate in seminars to understand the present business model in America. Also, they will have individual meetings with stakeholders in the activity of this industry and are invited to participate in events that allow them to highlight their project.
YEI (Young Enterprise Initiative)
It is an accelerator program for young scientific of companies that are interested in expanding their business in France and Europe. Founded in 2005, this program offers ace startups a soaking week custom in France. Thus, it includes intensive training sessions on the legal and administrative environment French, mentoring and coaching directed by experienced business people, individual meetings with potential partners, research centers, incubators. Also participating in networking events with investors, international French leaders, among many other benefits.
Besides the advantage of creating new jobs, this program enriches the French innovative ecosystem. Ie promotes dialogue between French companies, young entrepreneurs and foreign researchers, highlighting the measures adopted in this country and in Europe to support innovative ideas.
French Tech
Founded in 2013 by the Ministry of European and Foreign Affairs, the French Tech is one of the main support to business in France. This initiative aims to strengthen France as one of the world's best countries to start and scale business in order to increase its international visibility and attract more talent, entrepreneurs and foreign investors. He won the title in 2015 and hub supports all startups French online from bioscience to markets located in foreign cities seeking to build relations between French and foreign ecosystems in order to facilitate market access. This initiative has several programs, among which are:
French Tech Ticket
Program whose goal is to attract startups and international talent with ambicionas business ambitions for France. In the second edition in 2017, 70 startups International selected. With this, they were able to settle in France enjoying fast-track procedures for issuing residence permits and financing. In addition, they stayed in one of the 41 incubators scattered by France entitled to service support and assistance throughout their establishment in this country.
French Tech Seed Fund
400 million euros fund made available to co-invest and encourage hundreds of young technological startups. This program aims to boost private investment in a post-maturation phase of startups, especially with a strong character in technology with less than three years. This fund is fed by several recognized partners who regularly dialogue with the founders and work together with private investors to find and support the next high-potential startups. These startups can receive an investment of up to € 250,000 from this fund.
Competition i-lab innovation
Others support to business in France contests are invoação i-lab. Launched in 1999 by the Ministry of Higher Education, Research and Innovation to encourage and strengthen the support the creation of innovative companies. It supports the development of new technological nature of companies. Since its launch, this program has created more than 2000 companies that have obtained financial assistance and support adapted.
Any entrepreneur can participate, regardless of their nationality and profession since the company is established in France. In addition, its design must be technologically innovative and that has not yet been launched. After evaluation of this project by a national jury of experts and the winners are offered a financing of up to 600 000 €.
Bpifrance
Designated as the Bank of entrepreneurs, follows startups and small businesses from a very early stage to the launch and expansion in the market. Therefore, it offers these customized financing solutions for every stage of life. In commitment to the local authorities has several types of support necessary in the main stages of business development, of which the following stand out:
French Technology Exchange
Assistance aimed at young companies with growth potential registered in France for less than a year and for entrepreneurs. In order to support the maturation and technical and economic validation of the project in question, it offers services ranging from the business model, marketing, internal organization of the company to partnerships. All business creation projects with high growth potential from any type of innovation are covered. Thus, they can benefit from aid in the form of a subsidy that can cover up to 70% of eligible expenses, internal and external, up to a limit of €30,000.
Diagnosis Innovation
Program for small and medium-sized enterprises have not benefited from support innovation for at least 2 years. Its objective is to provide consultancy and technical services in order to allow these SMEs unfamiliar with innovation to integrate this dimension into their development strategies. Besides this support technical which includes pre-technical studies, market research, partner research, among others, these companies also benefit from a subsidy of up to €8,000.
Aid for the development of innovation
It corresponds to a recoverable advance or loan of up to 3 million euros. It is aimed at existing small and medium-sized companies that launch a research, development and innovation (RDI) project, whether collaborative or not. Thus, it aims at the development of innovative products, services or processes and presenting concrete prospects for industrialization and commercialization. To enjoy this support, companies must have submitted the request for assistance to the RDI project with Bpifrance prior to the implementation of the project and the start of expenses.
Bpifrance Seed Loan
This loan represents a major support to business in France. Thus, it is aimed at innovative small and medium-sized companies under 5 years of age that are at an early stage and that have received support public to innovation.
It is support it is moved in order to strengthen the money flow and create favorable conditions for the preparation of fundraising funds or for the entry of investors. It is financially supported by the European Union and the InnovFin PME Guarantee. The loan amounts to between €50,000 and €100,000, increased to €300,000 in the case of intervention by the Region.
Contract innovation development of Bpifrance
Loan to finance the intangible investments and capital needs of any small and medium-sized company. For that, they must be more than 3 years old and related to an innovation or modernization program. This support ranges from € 40,000 to € 300,000, increased to € 600,000 in the case of intervention by the Region.
Adie
Finally, Adie is one of the main support to business in France. This association is spread throughout the territory whose vision is based on that all individuals have the capacity to become an entrepreneur if they have support professional and personalized. Whatever the type of professional activity, whether in French territory or abroad, whatever the individual's status, Adie offers solidarity credits of up to €10,000.
In addition, there are several program types monitoring where commercial, financial and administrative aspects that an entrepreneur should know are addressed.
In short, these are just some of the support existing French. As seen earlier, in the article of starting a business in France, Already exist support provided at the time of setting up the business.
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