FRANCE - French government will double contribution into Oséo by 2007
Groupe Oséo has announced that state contributions will increase from EUR 200m in 2005 to EUR 400m in 2007.
The announcement was made in the 2005 annual report, issued on Monday. Priorities outlined for 2006-2007 include more investment decisions based on a company's potential value and an encouraged decentralisation (regionalisation).
Groupe Oséo was created under the government's impetus in 2005 from the fusion of Anvar, BDPME and GIE Agence des PME, in order to support the development of innovating enterprises.
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