LINKERS Newsletter - November 2019
France, a Start-up Nation?
In November 2018, Emmanuel Macron declared “A start-up nation is a nation where everyone can create their own start-up if they so desire.” Considered as a model for development by the French government, the start-up nation has become a political objective in a large number of countries all over the world, in imitation of pioneers such as the USA, China, South Korea, Israel or Canada.
A promising overall dynamic
After a slow start in the 2000s, France has recently resuscitated this objective and the result is quite promising. The nation already has the mindset; innovation-friendly and with a strong eco-system of 10,000 start-ups, of which 1,400 have already raised capital in the past 5 years according to BCG.