French government to launch incubator

The French government is to launch a new incubator shortly with a target of up to EUR 90m. A third of the total is being provided by CDC, a third by the EIF and a third by the French state. The fund will be structured as an FCPR and will seek to invest in French start-ups and technology companies. If approved, the French government would be injecting money directly into the fund and supporting start-ups directly.

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