• Young Innovative Company (JEI) : a young company that invests in innovation has the status of Young Innovative Company or Young University Company, which allows it to benefit from tax and social security exemptions. These are subject to specific conditions .
• BPI France : The French Public Investment Bank allows companies with expenses eligible for the Innovation Loan to strengthen their cash flow to facilitate the financing of intangible expenses necessary for the industrialization and commercialization of new innovations. This loan is supported by the Pan-European Guarantee Fund (EIB) and implemented by the European Investment Fund (EIF) with the financial support of the Member States contributing to this guarantee fund.
• Incubators : Incubators’ mission is to welcome and support innovative business creation projects. These support structures offer essential services to help you get your project off to a good start and develop it. There are several types of incubators: public, private, some belonging to companies, others to Grandes Ecoles, or even local authorities and the European Business and Innovation Center. Thus, industrial and other projects can benefit from a range of support (training, networking, equipment, etc.).
• French Tech : the renowned French startup movement certifies, accelerates startup growth, and provides international visibility in the best possible scenario. For industry, the French Tech Mission supports industrial startups through two levers: the industrial startup desk and a specific support offer dedicated to startups that have won the “Première usine” call for projects. Here’s the strategy implemented here .
• Etc.

There is a multitude of possible assistance available for all types of businesses, and government and other sites are there to provide you with all the useful information.

B – Training to ensure skills

We were just talking about the current shortage of labor that industry and, more broadly, companies looking to recruit in France are experiencing.

For example, EDF was forced to recruit North American welders due to a shortage of workers to repair six nuclear reactors affected by corrosion. France lacks specialized welders. Concern is growing because the shortage is omnipresent. This is why four nuclear industry players (EDF, Orano, CMN, and Naval Group) have joined forces to create a welding college to meet the needs. “It’s urgent,” declared David Le Hir, director of the Flamanville 1 and 2 power plant and president of Hefais. This example illustrates a critical shortage of skilled workers in the industry.

Training, the miracle solution?

We can see that players in the industrial sector are choosing to create their own training to address their recruitment challenges. The luxury sector is also a supporter of these practices, as people without initial skills in the field can benefit from leather goods training at Hermès or Louis Vuitton, for example.