The French President has been implementing policies that have made the country to move toward something amazing. Well, in this modern era, there is need for more investments to improve the tech space. This will enable an increase to a number of start-ups and new ideas will also emerged on how best France can remain one of the best when it comes to technology.
There are various things that will make France to have its own fair share when it comes to innovation. And we are going to look at some of the logical reasons why we believe the French are now on the verge of becoming a tech giant in the world.
The Complete Details of Investment
The Macron speech which took place at the Elysée Palace we discovered that the company’s plans to give support to French-based tech start-ups. They are supporting this project with a sum of 5 Billion euros in the next coming three years.
The other 2 billion will mainly invested in French-based venture capital funds. This will then give a focus on late-stage investment in the country. This means the other 3 billion will be given to some of the global tech funds that are operated by French-based managers at casino en ligne.
Nevertheless, there are plans that have been put in place to set up vibrant teams in Paris. These teams will aim to make sure that they encourage and propel global investors to push and ignite the French technological space even further.
Up to this very day, there have been some real cooperation from different stakeholder to make sure that France get to be the best in tech. The French public investment bank Bpifrance was in charge of providing all the bankrolling in support of this great initiative.
In addition, the government has also stretched it hands to reach private sectors for more investments, which could also trigger to another capital growth in the tech and science sector.
The French Tech Future Goals
With all the stakeholders and players that have been brought to this project, there have been some massive results surely. The amount of capital for French start-ups that have been gathered from different investors and that have actually come near to triple in the past four years. With all the hard work that is being put in place the amount of money is believed to reach around 5 billion euros.
This will put France and Germany to be ahead of tech start-ups that have been collected from investors. Moreover, the amount of money that have been gathered will also surpass the investment race. This means there is more good news to look forward to.
Above all, it is very much applaudable to witness the government pushing The French Tech Mission forward. The goal is to make sure that the country become one of the best tech giants in the world. And as it stands it seem as if no one in various stakeholders working towards this project are losing the plot.
There is no room for that because this initiative is to make sure that at the end of it all there is promotion of start-ups on a global level. And France are pushing to achieve this before anyone else.