Funding

France 2030: Navigating the Age of Innovation with the Right Funding

December 20, 2023
2
min.
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Today, France is on the cusp of a revolution in the field of innovation with the France 2030.

Watch our video, co-produced with BPCE and MaddyNess as part of the editorial series "Course de fond(s)," which explains everything you need to know about funding innovation.

Introduction to the France 2030 Program and Its Impact on National Innovation

France is currently experiencing a period of strong growth thanks to the France 2030 program (and European programs). Announced by the President of the Republic, this program provides for €54 billion in funding for breakthrough innovations.

These topics include quantum technology, artificial intelligence, hydrogen, and nuclear energy, offering new opportunities for businesses and project leaders at both the national and European levels.

Six Keys to a Successful Application for France 2030 Project Calls

There are six key points to consider when applying for a call for proposals:

  • It is essential to anticipate the publication of calls for proposals,
  • do not underestimate the time required to prepare the files,
  • not to neglect certain parts of the project,
  • to be well-prepared to address these issues,
  • not to view securing funding as an end in itself,
  • and finally, not to base the funding strategy solely on calls for proposals.

The sectors targeted by France 2030 funding: from education to business

Funding is directed toward two categories of stakeholders:

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

This means that the entire research and innovation sector in France will benefit from this funding, offering a bright future and exceptional opportunities for entrepreneurs, particularly SME leaders.

The 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,
  • quantum physics.

These sectors present unique challenges and opportunities, offering promising avenues for growth for businesses and researchers in France.

These issues pertain to national sovereignty and are funded with the aim of enabling France to:

  1. Developing global leaders,
  2. Reindustrialize the region and attract investors,
  3. Maintain sovereignty over strategic issues such as energy production and artificial intelligence.

Preparing for the Future: Funding Strategies and Post-Grant Management

To fully capitalize on France 2030 funding, it is crucial to implement effective funding strategies and robust post-grant management.

This includes identifying additional sources of funding, establishing appropriate governance structures, and ensuring the long-term sustainability of funded projects.

By preparing for the future today, innovators will be able to maximize the long-term impact of this groundbreaking funding.

Other episodes of the "Long-Distance Running" series:

> Bank financing: a key step in a startup’s journey

> Deeptech in France: Understanding and Seizing Opportunities

> The keys to a company's success

Hugo Charbonnier

Head of Innovation Financing - Partner
LinkedIn

For the past 10 years, I have been supporting and advising innovative companies on the strategic and financial development of their innovations: identifying areas for growth, helping to develop business plans, assisting with financial projections, determining the best financing strategy, and preparing financing applications (CIR, CII, JEI, Bpifrance, Digital Innovation Competition, PIA, etc.). My technical expertise in diverse fields such as e-learning, Artificial Intelligence, Cybersecurity, Big Data, Natural Language Processing, etc., is essential for effectively highlighting the innovative nature of projects to funding organizations.

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What are calls for proposals?

These are competitive programs in which a prize (typically a grant and/or a repayable loan or advance) is awarded to one or more winners. The eligibility requirements and evaluation criteria are specific to each Call for Proposals and are communicated accordingly.