Support for funding

SUPPORTING START-UPS AND HIGH-POTENTIAL AND INNOVATIVE SMES WITH THE ADVANCITY® INNOVATIVE COMPANY LABEL

The ADVANCITY, the Smart Metropolis Hub competitiveness cluster, brings together more than 260 members – including 20 leading global groups, higher education and research institutes, local authorities and a group of investors – to design and develop urban innovation products and services that respond to territorial issues.

On behalf of public authorities, the Regional Council of Ile-de-France and the French State, via the DIRECCTE, ADVANCITY is also in charge of steering the program to promote and stimulate the eco-activities sector in the Paris region – 17.3 billion Euros in turnover and more than 127,000 jobs in Ile-de-France.

ADVANCITY has an offer of services in place to accompany start-ups and very small businesses of the Ile-de-France region in this sector. The first edition of the advancity® innovative company label was launched on April 29, 2014, in order to support innovative start-ups and very small businesses in their successive rounds of fundraising.
Thus, ADVANCITY offers its very small businesses, start-ups and SMEs access to support that enables them to prepare their next fundraisers:

  • Special help in meeting with investors, recognised by the advancity® innovative company label for those who have successfully completed it,
  • Organising meetings with investors,
  • Long-term support to prepare the next steps,

SPECIFICALLY ACCOMPANY CERTIFIED START-UPS AND SME’S

The process will consist of a call for expression of interest and a selection stage. This will be of sufficient level to ensure that a start-up/SME that has received the label is able to raise funds during the following year. The Investors’ Committee guarantees the entire process (including advice on referencing service providers by ADVANCITY) as well as the selection stages to ensure the quality and effectiveness of this support.

Financial conditions

Entry into the process is subject to a specific registration fee at each launch.

Meeting with investors

These meetings will be organised as part of B2B events and are reserved for very small businesses/start-ups that have been pre-selected.

The financial conditions will be specified on a case-by-case basis, but the principle remains that of significant coverage by ADVANCITY.

Specifically accompanying certified SMEs

The process will consist of a call for expression of interest and a selection stage. This will be of sufficient level to ensure that an SME that has received the label is able to raise funds during the following year. The Investors’ Committee guarantees the entire process (including advice on referencing service providers by ADVANCITY) as well as the selection stages to ensure the quality and effectiveness of this support.

Meeting with investors

These meetings are organised as part of B2B events and are reserved for the SMEs that have been pre-selected.

The financial conditions will be specified on a case-by-case basis, but the principle remains that of coverage by ADVANCITY of the majority, possibly the whole, of the cost.

CONTACTS

Sophie QUERAUD- Administrative and Financial Manager
sophie.queraud@advancity.eu

Watch the video of the launch of the advancity® fund for SMEs and start-ups, on April 29, 2014.