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French Tech is an accreditation awarded to French cities recognized for their startup ecosystem. It is also a name used by technologically innovative French businesses throughout the world.
Convinced by the necessity to promote the emergence of successful start-ups in France to generate economic value and jobs, the French Government created the French Tech Initiative at the end of 2013. Its philosophy: build on member initiatives of the French Tech themselves, highlight what already exists, and create a snowball effect. It is a shared ambition, propelled by the State but carried and built with all the actors of the French tech company and start-up scene.[1]
The French Tech initiative also has a transversal objective: to enhance the coherence of public actions in favour of startups. It does not create a new organization or a new public tool, but is carried by a small team, Mission French Tech, which works closely with the French Ministry of Economy and Finance, the Ministry of Foreign Affairs and with the General Commissariat for Investment. Its partners, the pillars of the initiative, are national operators, who, under the common banner "French Tech" coordinate their actions in favor of startups: Caisse des Dépôts, Bpifrance and Business France.[1]
Funding from the French Tech Initiative for accelerators (€200 million) and international attractiveness (€15 million) is part of the Investments for the Future program. In this context, the operator is Caisse des Dépôts, which relies on Bpifrance for investment in accelerators and on Business France for international investments.[1]
The French Tech aims to provide a strong common visual identity to French startups as well as to promote entrepreneurial exchanges between them.
- ^ a b c "Qu'est-ce que la French Tech ?". La French Tech. Archived from the original on 24 November 2018. Retrieved 28 February 2017.