France is committed to creating a conducive environment for both firms and innovation. It helps companies to derive the economic benefits of innovation.
For instance, at national and regional level, France and its regions back the development of clusters:
- Through calls for projects launched by the FUI and under the Invest for the Future Programme resulting in financial assistance for the best nation-wide collaborative public-private R&D projects;
- By granting loans to member SMEs or ETIs that wish to embark on the industrialisation and marketing of the results of a collaborative R&D project. This loan for the industrialisation of cluster projects (PIPC) is financed by the Invest for the Future Programme;
- By helping clusters and their member firms find the best international partners and set up technological partnerships with them focused on value creation;
- By supporting the clusters' governance structures, alongside firms. This support enables the introduction of theme-based collective initiatives launched by the clusters, in a wide variety of fields and involving the cluster's firms, particularly including SMEs, so as to promote innovation and improve their competitiveness;
- By involving various partners in this policy, including the French National Research Agency (Agence Nationale de la Recherche or ANR), Public investment bank (Bpifrance), the Environment Agency and the energy conservation (ADEME), the Deposits and Consignments Fund (Caisse des Dépôts et Consignations ou CDC) and Business France.
Public-sector support for R&D projects
- Between 2005 and 2013, 1,313 collaborative R&D projects received public financing of €2.37 billion, including more than €1.45 billion granted by the French State through the dedicated fund (FUI). These projects, amounting to nearly €6 billion in R&D expenditure, involved close to 15,000 researchers.