What’s next for the Tech space in France?

The country is recognized for its exceptional technical talent pool, which lends itself a competitive advantage in the kind of startups commercializing real scientific discoveries.

Paul-Francois Fournier, Bpifrance’s innovations executive director, believes the last 20 years have been about digital, but the next decade will be about deeptech. This state-backed investor has put EUR 20 Bil in French startups across all sectors and industries, with deeptech being the most exciting space for them.

According to Sifted (European Tech News Media), France’s engineering talent pool is deep and comparatively cheaper to Silicon Valley, partly due to the tax incentives for innovative projects.

In the recent years, there has been a 20-30% annual increase in the number of deeptech startups in France. Positioning the country as the forefront of futuristic breakthrough technologies has been Emmanuel Macron’s government goal for France’s future.

At NAOS International, we have been supporting such companies in recruiting top talents, including technical experts, to further accelerate their growth – Reach out to our Senior Consultants based in Paris to find out more.

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Link: https://sifted.eu/articles/france-deeptech-opportunity/