Start your technology venture between the US and France

Leverage transatlantic resources and partnerships

Why France ? Some facts : get rid of clichés

Number of days required to set up a new company (in 2005)

Number of international ventures per destination in Europe (in 2005)

% population (aged 20 to 29) with a university degree in

Data source: AFII - Doing Business Report 2006 (SFI, World Bank Group) Data source: AFII - Ernst and Young, 2006

% population (aged 20 to 29) with a university degree in science & technology (2004 or last publication)

- quality of transportation network

support of ventures and innovation-support of ventures and innovation

and...

-leading tourist destination in the world Data source: AFII - Eurostat, 2005

g

Why France ? An increasingly favorable environmentg y

The French startup support systemp pp y

100 spin-offs/year

Strong public and private research with spin-off facilities

Montpellier Business and Innovation Center : Outstanding Incubator of the Center : Outstanding Incubator of the Year (NBIA – 2007)nbia.org/awards_showcase/2007/incubator_montpellier.php

Why France ? An increasingly favorable environmentg y

OSEOCompetitiveness Clusters

Venture funds (private + CDC)TEPA law i itax incentives

new Business- AngelsTax exemptions Start-up CompetitionSME pact

“Pépinière / CEEI”= incubator-low cost facilitiesfree coachingSME pact -free coaching

- network

TTO

“Incubateur”= pre-incubator

- loan - facilities

Startup cycle

incorporation & launching Maturity & developmentFeasibility & Prototyping

TTO-financing -support

facilities- network- free coaching

Why France ? An increasingly favorable environmentg y

Our focus

• The starting up of technology ventures between the US and F /E

What ?France/Europe

Who ?• US based top scientists, engineers or managers...

• Eager to internationalize at an early stage their vision and activities• Need for connections

Why ?• Need for connections

Free and confidential mentoring, coaching and networking services

Our missioncoaching, and networking services

St 1 W l t th b t j t ( 10 )• Step 1 : We select the best projects (max 10 per year)

• Step 2 : We coach them (from the US) on the feasibility of their project in Franceproject in France

• Step 3 : We work to entrepreneurs requirements and project outline in Franceoutline in France

• Step 4 : We invite them to France and help them connect with strategic partners and resourcesstrategic partners and resources Building value, team and IP Identify market strategy, partners & pilot customers in France/Europe Funding partners (French & European public funding, Angels & VCs) Work on personal/relocation issues

Chat with the Consulate Series – French Residence October 21,2008

Our key partners in France

Technology Transfer

and scientific expertise

(IP building, scientific expertise-advice & partnerships,...)

Institutional support and Entrepreneurship

(coaching and access to business l t i b t l l t k clusters, incubators, local network

et resources...)

Funding Networks

(VCs, Angels, public Funding, incubators...)

A startup with qualitative and q antitati e res lts

Our resultsquantitative results

A « young » and successful programA « young » and successful program

- 2005 : 1st call

- 2007 : housing in Campus MIT

- 2008/09 : 5th call for proposal

ProjectsTotal candidates 140

Laureates

• 48% LS, 39% IT

/ p p

2010 : transfer of the program

Laureates 36success 11in progress 13

,

• 38% MA, 28% CA, 10% NY

• 62% feasibility, 38% development

• 53% French natives

Marketing and CommunicationPartners French/US 24US Relays / associated 100+P l 20+Presse releases 20+Mentors 12Associated services providers 15

Testimonials

“Our company was able to identify an engage with technology firms and R&D centers in France with expertise that can further accelerate our productdevelopment.

We would not have been able to move so quickly without thisWe would not have been able to move so quickly without thisactive support”

François Silvain/ Herve Pluche Founders StoreExperience - Laureates Yei2008

"The Young Entrepreneur Initiative is an amazing catalyst for businesses wanting to The Young Entrepreneur Initiative is an amazing catalyst for businesses wanting to create or expand their operations in France. The program brought us support in three different ways. (1) It provided us with an easy channel to connect with France and the right networks. (2) It helped us organizing a trip to France to identify the implantation region and partners. Finally (3) it helped us understanding the

t hi i t i F d i i li ti t th entrepreneurship environment in France and improving our application to the Creation-Development French competition."

Thibaut Scolash/ Sebastien PayenFounders Fruition Sciences - Laureates Yei2008

Usefull Links

• RETIS - network for innovation www.retis-innovation.fr

• AFIC – French Venture Capital Association www.afic.asso.fr

• CURIE - network of TT offices www.curie.asso.fr

• Competitivity Clusters www.competitivite.gouv.fr

• APCE agency for business creation www apce com• APCE - agency for business creation www.apce.com

• AFII - Invest in France Agency www.invest-in-france.org

• YEi - www.france-science.org/innovation/yei

Contact : Géraldine QuetinProject manager YEiPh: 617 401 24 50 - yei mst@consulfrance-boston orgPh: 617 401 24 50 - yei.mst@consulfrance-boston.org

Antoine MynardAttaché for Science and Technology (Boston)attacheinno.mst@consulfrance-boston.org

www.france-science.org/innovation/yei