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France is a digitally and technically advanced country, there is no denying that. It has...
Telecommunication in France is a highly developed and established industry. The country is served by an extensive array...
The internet is a powerful tool that...
Recently, it was noted that from the top twelve connected objects sold via the Apple store in the United States, five were French. French web companies have been known to produce an average 39% of their turnouts in the international market, while on the other hand, other SMEs make 3%. Not only that, but 87% of employment contracts offered by digital start-ups in France are permanent.
All this shows that the digital footprint of the French economy has in recent years already been significant, yet still, the French government seeks to reshape and raise the profile of French digital economy in the international market even further.
Since its inception in 2013, French Tech has been a supporting group of not only entrepreneurs, but all those who can contribute to the growth and development of start-ups in France, including but not limited to investors, engineers, students, associations, bloggers, designers, developers, the media, and public operators. It is an accreditation awarded to French cities as recognition of their startup ecosystems.
French Tech is not limited, but rather encompasses all start-ups, at all stages of their growth, from small individual firms to great juggernauts with several hundred employees and their eyes set on infiltrating the international market. This includes companies that share a global ambition, be it of any kind. As is the case all around the world, digital growth is the catalyst which sets off development, and French Tech includes pure digital players along with MedTech, cleantech, etc. startups.
The philosophy of French Tech does not involve starting everything from scratch. Instead, its aim was to build on French Tech member initiatives, to highlight what already existed, and to create, in essence, a snowball effect. French Tech is a shared drive, propelled, encouraged, and supported by the government, but built by all the actors of the French Tech start-up scene. French Tech does not create a new organization or agency, or even a new public tool, but is carried forward by a small team called Mission French Tech, which works closely with the French Ministry of Economy and Finance, the Ministry of Foreign Affairs and with the General Commissariat for Investment. Cities accredited include Nice, Lille, Lyon, the Normandy region, Saint-Etienne, etc.