Archive

Posts Tagged ‘FDI’

France encouraging foreign entrepreneurs with French Tech Ticket

French startup & tech entrepreneur & influencer Roxanne Varza recently covered France’s announcement that it will be creating a more attractive business climate for foreign entrepreneurs in France.

Hollande_France_FTT_visa

March 2, 2016 by Roxanne Varza
FRANCE OPENS ITS DOOR TO FOREIGN ENTREPRENEURS

Today, was a big day for foreign entrepreneurs in France – who were received by the President at Elysée Palace. They are still few but the population is starting to grow. Especially now that La French Tech (France’s national program to promote and support its local tech entrepreneurs) has successfully launched a program specifically designed for foreign entrepreneurs called the French Tech Ticket.


#FTTicket by numbers

50 teams from over 1,000 applicants were selected for the first edition of the program. They represent 23 different countries. And let me tell you, their projects are incredible. Startups from Israel, the US, India, Russia, Chile and more have come to France to develop projects that concern everything from diamond-based water purification to construction robots. When I met the startups in February, I was literally blown away. Seeing these entrepreneurs confirmed a long-held belief of mine; France is actually insanely attractive to foreign entrepreneurs.

Not so easy?

France may not have a reputation for being the easiest country to do business in – but that reputation is dramatically changing. The government is striving to make radical changes and is really listening to the needs of the local ecosystem. Today’s event was proof to me that the administration is willing to make a difference. Obviously it’s even harder when once is a foreigner in France – which is why the French Tech Ticket’s approach is really spot-on. The 1-year program places entrepreneurs in various French incubators, provides financial support of up to 25,000 Euros, mentoring, tax breaks for the selected teams and more. It’s a really great first step in the right direction.

Foreigners, welcome to France.

Every year I am contacted by people around the world who want to come to France but they don’t know how to do it. Well, it’s about to get a LOT easier. People who want to launch startups, work in companies and whathaveyou – there are visas and programs that will come out within the next year for you. Just wait and see.

More to be done.

There is still a lot more that we can improve but I am truly excited to see that the government is finally paying attention to such an important topic – and acting on it. People seem to always think that French startups are, well, French. Not anymore. France is really going global.

EACC conference in Lyon Dec. 17th: Investing in the USA

December 10th, 2013 No comments

The European-American Chamber of Commerce (EACC) has an upcoming conference in Lyon, France on Investing in the USA. The details (and registration information – under “inscriptions”) are below. I worked with some of these professionals before, and I can tell you it’s a great opportunity to learn more about transatlantic business relations, as well as network with like-minded professionals in Lyon.

Presenters will include the US Consul to Lyon, Clayton Stanger.

The Lyon newspaper Le Progrès also published an article on the conference today.

ECONOMIC RECOVERY:
The right time to INVEST IN THE USA
Enjeux | Dispositifs | Clefs de réussite | Supports pratiques

Réussir vos projets aux Etats-Unis: opportunités et moyens à disposition des PME.

Mardi 17 Décembre 2013 | 12h – 14h
OnlyLyon – Skyroom – Tour Oxygène
10-12 bvd Vivier Merle 69003 LYON
27ème étage
Conférence en français et en anglais

Les États-Unis représentent toujours la première économie du monde et le premier consommateur de la planète. À l’heure où les contours d’un traité de libre échange entre les États-Unis et l’Union Européenne se dessinent, il est impératif de comprendre les enjeux qui y sont liés et de tirer avantage au plus tôt de ces futures opportunités d’affaires. C’est également l’un des marchés les plus difficiles à pénétrer car l’implantation commerciale ou industrielle est souvent recommandée pour gagner en proximité et répondre à une très grande exigence en matière de services.

Quelles opportunités et quels moyens sont à disposition des PME désireuses de conquérir le marché américain ? C’est ce que vont vous présenter nos Experts, spécialistes de l’implantation et de l’accueil d’investisseurs étrangers aux États-Unis.

    Intervenants

Clayton STANGER :
Monsieur le Consul des États-Unis | Lyon

Julie-Capucine HOURS :
Responsable Amérique du Nord | CCI de Lyon

Tom THORELLI :
Avocat au barreau de Chicago | Paris

François HECHINGER :
Parner – West Region Venture & Private Equity Tax Practice Leader | BDO U.S.A.

Nicolas BERNARD-MASSON :
FDI manager de l’Etat de Pennsylvanie en Europe francophone | Lyon

Témoignage d’une entreprise (à confirmer)

    Modérateurs

Johann SPONAR :
Représentant Officiel de l’Etat de Pennsylvanie en Europe francophone et Directeur Général de SALVEO

Bradley STOCK :
Président de l’European American Chamber of Commerce Rhône-Alpes

    Programme

11h40 – Accueil + Cocktail de bienvenue
12h15 – Séminaire
13h30 – Questions | Cocktail networking | Rendez-vous B to B

Inscriptions
L’inscription est gratuite mais obligatoire : natacha.lalande@eaccfrance.eu

How attractive is France’s investment environment?

December 17th, 2012 1 comment

The French-American Chamber of Commerce (FACC) posted the following summary of a report recently carried out by consulting and accounting firm KPMG.

The full report is available here, entitled “Facts & Figures on France’s Investment Attractiveness”.

Probably a good idea to check out other resources as well.

There is an interesting report by The Economist in their “The World in 2013” edition that highlights the likely challenges facing President Hollande’s administration in the next year including the difficulty in encouraging business growth and more investment.

While France remains a country that retains an attractive profile, there is a real risk that increasing taxes and a morose business climate could take hold and hamper growth in 2013. So although France has a lot to offer, it must make progress to improve the business climate and decrease unemployment. It’s not an easy time for Europe, and France will not be an exception. But as the adage goes, “no pain, no gain”.

From: Invest in France Agency

In the competition with other European countries to attract inward investment projects, France boasts a number of key strengths underpinning its investment attractiveness.

These advantages include:
– A large, dynamic market in Europe.
– A skilled, productive workforce.
– Recognized support to foster innovation.
– A plentiful supply of commercial real estate.
– Dense, high-quality transport infrastructure.
– High-quality energy and telecommunications at competitive rates.
– Renowned quality of life.

According to KPMG’s “Competitive Alternatives” biennial guide to business costs in over 100 cities in nine different countries, France stands out for having particularly attractive business setup costs, comprising labor costs, facility costs, transport, utility costs (electricity, natural gas, telecommunications) and corporate tax. In the 2012 edition, France was ranked fourth among the countries compared, up two places from sixth in the previous rankings (2010).

France has 9 cities in Top 100 Global Innovation Cities ranking

November 15th, 2011 No comments

France’s strong tradition of research and innovation, as well as growing FDI and domestic investment in pharma, nanotechnology, cleantech, biotech, and other innovative sectors seem to be gaining worldwide recognition.

In the latest rankings of Innovation Cities released by the company 2thinknow, the United States has 23 cities in the Top 100, Germany has 16 and France has 9, making it third among countries in the poll. One of my favorite cities, Lyon, even makes it in the Global Top 10. Congrats to Lyon! The following French cities are in the Top 100:

#3 Paris
#8 Lyon
#27 Strasbourg
#37 Nantes
#39 Marseille
#41 Bordeaux
#44 Toulouse
#63 Montpellier
#96 Reims

After the Top 100 but within the overall ranking of 331 benchmark cities, France has several other cities featured within Europe: Nice, Lille, Cannes, Rennes. Although I’m personally surprised that Grenoble, a city known for its research and nanotechnology, is nowhere to be found…

Financial Times “Business in France” special features Lyon, others

January 27th, 2011 1 comment

Perusing the Financial Times, I came across a business special on France that features articles on Lyon as a growing business center, Lille and other subjects of interest (project for Paris Silicon Valley, technology sector, etc).

You can download the PDF here. I’ve also made it available here, in case FT takes it down or there is a technical website problem.

Some excerpts below are taken from the article about the city I hold dear, Lyon.

Thriving business region that is answer to Rhineland: Good transport and skills are a draw, says Ross Tieman

A great location in the Rhône valley, where it acts as a gateway between France and central and southern Europe, has underpinned Lyon’s prosperity ever since the Romans marched in 2,000 years ago.

But in recent centuries, technology took over the relay, with hydroelectric power contributing to a regional heritage of chemicals, pharmaceuticals and manufacturing. The city preserved its charms, however. Now classified as a Unesco world heritage site, it sustains a vibrant culture that extends from a renowned opera company to contemporary music and the kitchen of chef Paul Bocuse.

Lyon’s high-speed train connections to Paris and Marseille, and location on France’s main north-south motorway make it an attractive location for both business and pleasureseekers.

Back-office operations for financial services and logistics are important contributors to France’s second-largest regional economy. Yet to think of Lyon as a city is to miss the point. With a population of 1.7m it is the heart of a business region that is France’s answer to the Rhineland, and which, with 10,000 researchers, spends as much on innovation as Finland or Denmark….

Taking Up Residence article: “Doing business in France”

October 27th, 2010 2 comments

In this month’s edition of Taking Up Residence, I write an article about the basics of French business, legal entities and the main features of the principal models available. You can download the latest newsletter from this site as well as the LinkedIn group Expat Web among the discussions.

My article is pp. 5-7 and includes a link to my page on business in France, but I highly encourage you to read the whole newsletter, as you will it is full of pertinent advice from a wide variety of experts. Taking Up Residence consistently puts out quality information, and I’m happy to collaborate with them on this France project. Thanks to Michiel Schokking for putting this great issue together, and thank you to the other writers. See the message below.

Greetings and welcome to the October edition of our (PDF) newsletter which can be downloaded here: http://www.takingupresidence.com/download/EXPATWEB-OKT2010.pdf

This month, we profile France. A combination of old world charm, unique cultural heritage, and modern sophistication lures millions of tourists from all over the world to its borders each year. For professional expats, steady economic progress and a strong social support system feeds the attraction. To read more about life in France, go to the TakingUpResidence website: http://www.takingupresidence.com/france.html.

In this issue…

–Senior Editor, Diana Heeb Bivona offers a few French business culture tidbits in ‘Formality and Respect are Valued’;

–Elsa Guillais and Rachel Ryder of Emigra Ogletree Worldwide provide an overview of French immigration law in ‘Recent Changes in French Immigration Policies’;

Michael Barrett an American expat living in France and creator of the blog, American Expat in France offers insights for entrepreneurs regarding ‘Doing Business in France‘; and

–Attorney Haywood Wise takes a closer look at commercial immigration in ‘Professional – Commercial Immigration to France Favors Admission of Skilled Entrepreneurs – Recent Reforms’

%d bloggers like this: