A Change at the Top: Michel Barnier Takes Office
After weeks of political limbo, France has finally appointed a new prime minister – Michel Barnier, the former EU Brexit negotiator. This change brings with it uncertainty for various economic sectors in France, including its dynamic startup ecosystem, which has benefited from public support.
The French Tech Mission: A Key Player in the Startup Ecosystem
The French Tech isn’t just a term referring to France’s 25,000 startups; it is also an initiative supported by a public administration, the French Tech Mission. The mission’s director, Clara Chappaz, is departing this month as her three-year contract ends, she told Les Echos. Her replacement will have big shoes to fill.
A Unique Role: Supporting France’s Startup Ecosystem
The role of the French Tech Mission’s director is undoubtedly unique. It’s attached to the Ministry of Economy and Finance but has a lean team working out of Station F and a big mission: supporting the structuring and growth of the French startup ecosystem, both in France and internationally.
A Key Challenge: Balancing Public Support with Governmental Interests
A new director will have to navigate the complex landscape of public support for startups. On one hand, they’ll need to play on the strength of arguments that argue startups are responsible for 1.1 million jobs and helping reindustrialize France. On the other hand, they may face resistance from a government looking to maintain control over key sectors.
The Future of La French Tech: Uncertainty Ahead
The future of La French Tech is uncertain, with many stakeholders wondering what changes this new prime minister will bring. Will he support or hinder the growth of startups in France? Only time will tell.
Related Topics
- France
- French Tech
- French tech ecosystem
- Government & Policy
- Startups
A Look Back: Key Developments in La French Tech
In recent years, La French Tech has made significant strides. The initiative "Je Choisis La French Tech" saw more than 500 companies and 80 institutional players commit to helping double the number of public contracts and purchases from startups.
Insights from a Key Stakeholder
France Digitale’s Noël shared some insights on what they’re hoping for in their next director:
"We have been asking for this for 10 years. We wish things could go faster — for instance, on the hot topic of exits (or dearth thereof). Someone with firsthand knowledge of scale-ups and international expansion could add value at its helm."
What’s Next?
As Clara Chappaz departs, the startup ecosystem in France is left wondering what changes this new prime minister will bring. Will he support or hinder the growth of startups in France? Only time will tell.
This article has been corrected to update the number of companies that committed to "Je choisis la French Tech".
