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France put $ 500 million to protect its start-up appetite of the Gafa

Info le Figaro. The crisis of the Covid-19 is back on the front of the stage to the issues related to the industrialization, the strengthening of the local economic fabric and national sovereignty. However, in some areas, the France, a land of 13,000 start-up, have chips that are as much "prey", that may be redeemed by the giants of the digital extra-territorial, mainly americans.

To preserve the start-up of the appetite for conquest of the Gafa, the economy minister Bruno Le Maire and the secretary of State to digital, Cedric O, will announce a series of measures, which may reach 500 million euros. A fund of sovereignty, which should be endowed with 150 million euros and could reach 500 million euros in 2021 will be put in place, according to our information.

BPIfrance, manoeuvring,

Managed by Bpifrance, it will aim first to preserve the national sovereignty, via minority holdings in strategic companies. The field covered by this definition, however, may be quite broad, ranging from start-up developing Cloud-based services, to BioTech, education, Defence, renewable energy...

To this should be added the doubling of the French Tech Bridge program bridge loan Bpifrance intended to help businesses deal with their cash problems, related to the crisis. The device will reach 160 million euros. It will be supplemented by a system of loans to sensitive companies.

These ads are part of a comprehensive plan of defense of the national sovereignty and occurs after the official presentation, on Thursday, the Gaia project-X cloud ruler franco-German.

No commentaireQI 50le 04/06/2020 19:48

$ 10 million to my left side, and 100 on my right, 500 million here, 1 milliarsd there, who said it best...it falls like at Gravelotte. But the fact it grows where all of this money ? a
And it is free, it does not pay for itself ever ?

POPOL 2the 04/06/2020 19:24

there is one of the GAFA, Facebook I think that has purchased an enterprise of gifs for 400 million dollars. Suffice to say that 500 million is a minimum, but the idea is there,it is well.

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