Paris, The Startup Capital
In recent years, the French startup ecosystem has enjoyed incredible momentum, driven by a new generation of entrepreneurs, investors, engineers, designers and many other talented individuals. This French Tech is growing very quickly and there is no doubt that France has now reached a tipping point.
This can be easily seen in Paris with its numerous innovation stakeholders, and where a strong political will acts as a driving force. The city shows a great activity, with over 40 business incubators, 80 coworking spaces, 20 fab labs, between 1,000 and 1,500 startups being set up annually, and a growing number of success stories. Today, there is an exceptionally strong impetus in Paris and this has been acknowledged and heralded by international rankings.
Paris is now focusing on excellence and globalisation to underpin its status as the world’s innovation capital.
French Tech’s International Objectives
An innovative ecosystem derives its strength from a wide range of stakeholders. With this in mind, as part of the French Tech Initiative, the Paris City Council and the French government are pooling their resources and experience to make Paris the world’s startup capital. Following the example of countries such as Chile and the United Kingdom, and in an environment in which talent is being strongly marshalled and where there is international competition, they are launching the Paris French Tech Ticket to encourage foreign entrepreneurs to come and set up or scale up their startups in Paris.
Paris French Tech Ticket : A Program To Attract International Entrepreneurs
The aim of the French Tech Ticket is to encourage international entrepreneurs with bold projects in the startup or scaling up phase to come to France.
The Programme targets entrepreneurs from all over the world who may or may not already have a business in France, and who are, for example, completing their education and looking to create a startup. Teams must comprise one to three founding members, and a maximum of one French person per team. The program wants to attract 50 entrepreneurs for the first batch. The package will provide:
– Fast-track procedure to obtain a residence permit
– Prize money of €12,500 (6 months), renewable once
– Free space in a partner incubator
– Tailored programme of events
– A Help Desk to provide assistance with red tape
– A Paris Landing Pack to help foreign entrepreneurs relocating to Paris
– Lower prices on Air France flights, a Gold loyalty card and advertising for the startup via Air France
The Paris French Tech Ticket will be launched as part of a wider pilot scheme being run in partnership with the Paris City Council in 2015 to test the Programme with the aim of rolling it out to other French Tech cities as of 2016.
Calendar, eligibility, partner incubators… Find all the details of the program on the French Teh Ticket website.