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French Tech 2030: a program to get 100 strategic startups off the ground

Published on April 25, 2023 by Pierre Belhache - 5 mins reading time
Company founders Startup/innovation

Through the French Tech 2030 program, the French government will be supporting around 100 emerging innovation companies from June onwards. In order to meet international competition and develop global leaders, a specific call for applications has been launched to select these strategic startups.

A program in line with the France 2030 recovery plan

When the Next40/FT120 winners for 2023 were announced, Emmanuel Macron announced his intention to " support around 100 technology companies that are in line with the objectives of France 2030 ". This has now been achieved with the launch of French Tech 2030, a groundbreaking program designed to support innovation in key strategic sectors.

More specifically, the scheme aims to support emerging players with the highest potential: high growth potential, high impact potential and high boldness potential.

" Our sovereignty is at stake, so that we are not dependent on foreign players for essential technological building blocks, as well as our ability to develop solutions to the major societal problems facing us today ," said Jean-Noël Barrot, Minister Delegate for Digital Transition and Telecommunications, in a press release.

 

 

A call for applications

Only emerging players who have already launched a business based on their innovation, or are about to do so, will be eligible to apply. To stand a chance of being selected, they will need to demonstrate a certain level of technological and economic maturity.

Startups will be selected by a committee chaired by the General Secretary for Investment in charge of France 2030. It will be made up of representatives from the Direction Générale des Entreprises (DGE), the Direction Générale de la Recherche et de l'Innovation (DGRI), the Agence d'Innovation Défense (AID) and the Agence de l'Innovation en Santé (AIS), the Commissariat Général au Développement Durable (CGDD) and Bpifrance.

In line with the France relance 2030 plan, the selected companies will have to include a quarter of female managers or co-founders, and 50% of companies involved in the fields of carbon impact reduction and ecological transition.

 

Customized support

Startups selected to take part in the program will have access to support dedicated to strategic issues: regulatory, customs, intellectual property, cybersecurity, international delegations...

Thanks to the personalized path provided by the France 2030 programs, they will have opportunities to meet private investors, enabling them to develop their network. The French government and Bpifrance have pointed out that investors are very rare when the sum at stake exceeds 50 million euros. Yet this is the kind of amount that industrial startups need if they want to expand internationally.

The call for applications to join French Tech 2030 is open until May 8, 2023. Results should be announced in June.