The 5 French bank-backed incubators to watch
The Halle Freyssinet’s revival into a fintech haven has been hugely successful. Station F is backed by a supervisory committee composed of a continuously refreshed selection of 100 leading companies around the world – including Facebook, Soundcloud and Microsoft – who monitor and support startups for future cherry-picking and franchising.
Le Swave is the government-backed tech incubator
located in Paris, art of a wider effort by President Emmanuel Macron to turn France into a startup nation. Each year, 20 financial technology startups are invited to join the incubator. Le Swave recently announced its Global Markets Incubator programme, funded by Société Générale Corporate & Investment Banking.
The world’s largest innovation platform, Plug and Play has partnered with French bank BNP to create an incubator that will simultaneously support product development and further investment.
An intensive accelerator programme for insurance tech startups, each of which works for four months in tandem with one of the BNP Paribas Group’s businesses, to
develop co-innovations that will open up new business opportunities and help create new products and services for the Bank’s customers.
Powered by Business France, a dozen companies considered representative of the country’s best are picked to enter a programme that comprises 50% world-touring for exposure and 50% mentorship.