In a context of particularly strong international competition, the President of the Republic stated on February 20, 2023, to support 100 emerging players innovating in the themes of France 2030, in an issue of sovereignty of the State. This is the purpose of the French Tech 2030 program, which combines the ambition of the France 2030 plan, led by the General Secretariat for Investment, the support of the Mission French Tech and the expertise of Bpifrance.
01
OVERVIEW
French Tech 2030, an ambition of sovereignty
The France 2030 plan, steered by the General Secretariat for Investment, aims to support the emergence of these innovations in key strategic sectors, particularly by relying on emerging players.
In order to meet this strong ambition, the French Tech 2030 program aims to retain a hundred or so emerging innovation players so that they can benefit from specific support from all government services and territories, coordinated by the Mission French Tech.
In order to best meet the needs of the selected companies, this support will also involve the expertise of Bpifrance and all government operators (Business France, ADEME, etc.), dedicated innovation agencies (notably the Innovation in Health Agency), the network of French Tech correspondents, prefectures and decentralized departments, and consular chambers.
02
Selection
The innovative companies selected must be in line with the priorities and orientations of France 2030. They must also have a :
- High growth potential to identify emerging players of European or even international scope by 2030, facilitating their growth to reach critical size or significant market share;
- High impact potential to support key players whose impact can be massive, particularly on environmental, social or societal aspects;
- High potential for audacity to invest in very daring and high-risk structures, with the aim of enabling them to reach a level of diffusion that will disrupt their sector.
French Tech 2030, a rigorous selection process
French Tech 2030 will be open to emerging players who have already initiated an activity based on their innovation or are on the verge of launching it.
They must be able to demonstrate a certain level of technological and economic maturity in order to prove the relevance of state support.
They will go through the rigorous selection process of a committee chaired by Secretary General for Investment, in charge of France 2030, and composed of representatives from the General Directorate for Business, the General Directorate for Research and Innovation, the Defense Innovation Agency and the General Commission for Sustainable Development.
In line with France 2030, the final selection must include 25% female managers or co-founders and 50% companies committed to reducing their carbon impact.
Each selected company will have to commit to a charter of values, the non-observance of which will lead to the end of the support.
The selection criteria will be precise:
- To have its head office on the French territory;
- Meet at least one of the objectives of France 2030;
- Be an independent company: no takeover (not controlled by another company or other entities directly or indirectly, with a maximum holding by another company of 39.9%); no IPO exceeding €150 million;
- To have, over the last 3 years, obtained a financing of at least 5 M€ (fund raising/debt obtained from the private sector and turnover added together)
03
SUPPORT
French Tech 2030, customized support
For each selected company, a diagnosis of its needs and the state levers available to accelerate its development will be carried out in order to define the most effective support methods. An action plan will then be developed.
The overall management of the support will be entrusted to Mission French Tech, an expert in supporting start-ups and innovative companies.
The selected companies will have access to dedicated support (regulatory, customs or industrial property issues, monitoring, cybersecurity, administrative authorizations, visibility, international delegations) and a personalized path within the France 2030 programs that meet their needs, as well as opportunities to meet with private investors.
