For the first edition of Paris French Tech Ticket, 1,372 individuals from across the globe have expressed a desire to be a part of one of the hottest startup ecosystems anywhere – Paris.
Earlier this year, the French government and the City of Paris launched the "Paris French Tech Ticket" initiative. It is aimed at non-French entrepreneurs who have an idea for creating or expanding a startup.
During the call for proposals, which ended on 15 September, 722 startup projects were submitted, for a total of 1,372 applicants and 5,677 expressions of interest from over 90 countries.
"I am delighted that, yet again, we have shown La French Tech's international appeal! For this fantastic startup momentum to continue, we now need to work with entrepreneurs from around the world and benefit from their skills and experience. For this first edition, we are extremely pleased to welcome them to Paris – and later to other French Tech Metropoles throughout France." – Axelle Lemaire, Minister of State for Digital Affairs
Buoyed by the success of forerunners such as Criteo, Withings, Sigfox and Blablacar, and with the support of the French government, which launched the French Tech initiative, French startups have reached cruising speed in recent years.
Paris is a world leader in the innovation economy: "Number one city in the world for innovation and intellectual capital", "the city with the most dynamic economy in the euro area", and "third most appealing city for foreign investment". In addition, the City of Light is the top European destination for startups.
"Paris appeals to men and women who drive innovation and invent the solutions of tomorrow. We are thrilled with the enthusiastic response to Paris French Tech Ticket among international entrepreneurs." – Anne Hidalgo, Mayor of Paris
The fifty winners of the first edition of Paris French Tech Ticket will be announced in December. Starting in January 2016, they will be welcomed into a dozen support structures and partner incubators.
Upcoming stages in the selection process:
A new call for proposals will be launched early in 2016