France creates a special visa for entrepreneurs

France creates a special visa for entrepreneursJust in time before the 2017 presidential election in France, the current French government accomplished one last thing to foster French startups by adopting the French Tech Visa - a new program for foreign tech talent.

The French government has extended its Passeport Talent scheme to include a French Tech Visa initiative aimed at easing non-EU technology entrepreneurs and workers into residency status. Via the programme, qualifying individuals such as start-up founders and employees, along with foreign investors, can grab four-year visas that also cover their spouses and include the right for them to work.

For those looking to launch a start-up in France, the Gallic authorities have developed the French Tech Ticket seed accelerator programme designed specifically for overseas entrepreneurs. The 12-month platform offers end-to end backing from financial support and training through to first-customer acquisition.

The Tech Ticket initiative will see 70 non-domestic start-ups selected through a global competition. The chosen firms will then join one of 40-plus partner incubators in France, among them Belle du Mai in Marseille, Paris-based 50 Partners and biotech/foodtech outfit Genopole.

La French Tech says it is also looking to join forces with French accelerators and with start-up contests, offering participants/winners exclusive support with the French Tech Visa application process.

France is going all out to attract entrepreneurial talent, with local authorities and tech hubs seeking to lure UK start-ups following last year’s Brexit vote. Paris will soon be home to the huge Station F campus which earlier this week announced the imminent arrival of a Facebook incubator in France.
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