Financing

France 2030: Navigating the innovation era with the right funding

20.12.2023
2
min.
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Today, France is on the cusp of a revolution in innovation with the France 2030.

Find out more about this program in our video co-produced with BPCE and MaddyNess as part of the "Course de fond(s)"series, which helps you understand all there is to know about financing innovation.

Introduction to the France 2030 program and its impact on national innovation

The France 2030 program (and other European programs) is a major milestone for France. Announced by the French President, this program provides 54 billion euros in funding for breakthrough innovations.

These topics include quantum, artificial intelligence, hydrogen and nuclear power, offering new opportunities for companies and project leaders at both national and European level.

Six keys to a successful application for France 2030 projects

There are six key points to bear in mind when applying for a call for projects:

  • It is essential to anticipate the publication of calls,
  • not to underestimate the time needed to prepare files,
  • not to neglect certain parts of the project,
  • to be well equipped to deal with these issues,
  • not to consider obtaining financing as an end in itself,
  • and lastly, not to base the funding strategy solely on calls for projects.

Stakeholders targeted by France 2030 funding: from education to business

Funding is directed at two categories of players:

  • on the one hand, the higher education, research and innovation ecosystem, including laboratories, grandes écoles and universities;
  • companies, especially those in strategic sectors.

This means that the entire research and innovation terrain in France will benefit from this funding, offering a positive future and exceptional opportunities for entrepreneurs, especially SME managers.

Innovation sectors targeted by France 2030

France 2030 highlights several innovative sectors that will benefit from this funding, such as :

  • artificial intelligence,
  • hydrogen,
  • nuclear power,
  • the quantum.

These sectors present unique challenges and opportunities, offering promising avenues of development for companies and researchers in France.

They represent issues of national sovereignty and are financed with the aim of enabling France to :

  1. Emerging global leaders,
  2. Re-industrialize the region and attract investors,
  3. Maintain sovereignty in strategic areas such as energy production and artificial intelligence.

Preparing for the future: financing strategies and post-grant management

To capitalize fully on France 2030 funding, it is crucial to put in place effective financing strategies and sound post-funding management.

This includes finding additional sources of funding, setting up appropriate governance structures and ensuring the long-term viability of funded projects.

By preparing for the future today, innovation players can maximize the long-term impact of this revolutionary financing.

Hugo Charbonnier

Director of Innovation Financing - Partner

For the past 10 years, I have been accompanying and advising innovative companies in the strategic and financial development of their innovations: identification of development axes, participation in the construction of the business plan, participation in the construction of financial forecasts, definition of the best financing strategy, construction of financing files (CIR, CII, JEI, Bpifrance, Digital Innovation Competition, PIA...). My technical knowledge in various fields such as e-education, Artificial Intelligence, Cybersecurity, Big Data, Automatic Language Processing, etc. is essential to effectively promote the innovative nature of projects to funding agencies.

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What are the Calls for Projects (CFP)?

These are competitive programs where a prize (usually a grant and/or a loan/repayable advance) is awarded to one or more winners. Eligibility requirements and evaluation criteria are unique and communicated for each Call for Proposals.