What?! Live in France and get money?
Have you ever dreamt of living in France? Picture this: what if you could live in France with the Government financing the launching of your new startup? This is exactly the goal of the French Tech Ticket, a startup booster program from La French tech, the french startup network. It is designed for entrepreneurs from all over the world who want to create their startup in France.
A successful and promising concept
The program was launched for the first time last year. Mentoring, €25k prize money, resident permit, free space in incubator were among the main ingredients that made the season 1 was a promising success. 722 startups applied and out of the broad diversity of projects (sports, biotech, smart city, agritech…) 23 startups were selected to integrate the program. Many countries were represented like Burkina Faso (Bifasor, African logistics hub), Russia (TimeJoy, productivity app), Israel (Tridom, 3D construction) or China (InFu Tea, quality tea bags).
Moving a step forward with French Tech Ticket season 2
This year La French Tech opens its program to 70 international startups. The initiative is supported by 16 Ambassadors from all over the world among whom Kat Bolognan from Philippines (Five by Five, CEO & cofounder), Gui Bulaty from Brazil (TravelCar, CEO & founder) and Eduardo Ronzano from Spain (Keldoc, CEO). They will be selected through a global competition and will join one of the 41 partner incubators in France for a 12-month program starting from January 2017.
When applying to the French Tech Ticket program you should select your 3 favorite incubators:
– Step 1: What is your stage of development? (proof of concept, concept, business development).
– Step 2: Where would you like to go? (Paris, Bordeaux, Lyon, Marseille, Rennes, Toulouse…).
– Step 3: What expertise will you need from the incubator? (Web, Tourism, Robotics, Aerospace, Ocean Environment Observation…).
What are the benefits?
Winning teams will receive the following benefits:
€45k per team over the course of a year, with no loss of equity (€20k to cover personal costs and €25k to cover professional services).
• Resident Permit
Fast-track procedure from team members to obtain a French residence permit.
• Acceleration Program
Tailored program of events to support your startup’s growth.
- Networking events
- Mentoring sessions
- 2 Demodays with investors and corporate executives
12 months in one of the 41 selected partner incubators.
- Dedicated office space
- Weekly and monthly coaching sessions
• Help Desk
A dedicated contact to help you through administrative procedures so you can focus on your startup!
• Soft Landing Pack
“Welcome Guide” and special offers from our partners to help you relocate easily to France!
What does the startup need to be eligible?
• Foreign founding teams of 2 or 3 people
The team can include a maximum of 1 French citizen.
• English speaking teams
The entire program will be held in english.
• A startup project
Startups must be in the creation or growth phase. Consulting firms and import-export businesses are not eligible to the French Tech Ticket.
• Full-time team in France
Founders must be ready to live in France for a year and devote 100% of their time to their project.
What is the timeline of the French Tech Ticket program?
The timeline of the French Tech Ticket 2017 program is the following:
- June 21, 2016: Applications open
- 24 August, 2016: Applications close
- September – November 2016: Selection process
- December 2016: Winning projects announced
- Early January 2017: Arrival of the winner teams in France
- End of 2017: End of the program
+ For more details about the past editions and the program of the French Tech Ticket Season 2 you can also consult the Press Kit.