Bourgogne-Franche-Comté wants to attract Parisian investors

2023-06-23 06:14:00

French centralism, applied to the world of tech, is well established. Last year, start-ups in the Paris region captured 73% of the amounts raised and 64% of operations. Far behind are the Hauts-de-France region (7% of investments in value, 4% in volume), Auvergne-Rhône-Alpes (6% in value and 11% in volume), according to the latest venture capital barometer in France edited by the firm EY.

Where does Bourgogne-Franche-Comté fit into all of this? According to the amounts raised by the Region, it is struggling to emerge from the shadow of Paris and its surroundings: in 2022, it only raised 6 million euros against 9,888 million euros for the Ile-de- France. ” Once it has been observed that most investments in startups are made in Paris, if our region has talent, we must be able to attract investors to the provinces “, underlines Renaud Gaudillère, general manager of the PMT Propulseur. This is why the latter decided to organize this day “ Meet my investor in Dijon, in partnership with other regional accelerators, such as the Toaster lab for the agri/agro sector and Les Docks Numériques for digital. PMT propellant mainly supporting innovative companies in health. The bet worked since thanks to the support of Estimeo – a Parisian company that does startup rating – a dozen investors from the Parisian market have relocated to Dijon, among others: Financière Arbevel, Finovam, Hand Partners, High Flyers Capital, Made for All, Pléiade Venture, Tomcat Factory, Turenne Santé, FBA (Female Business Angels) as well as a regional investor (BFC Angels).

Also, during this meeting, 15 regional startuppers selected from around fifty applications were able to meet national investors. ” These face-to-face meetings create a privileged channel “, notes Renaud Gaudillère. ” In general, out of 1,000 files, only 3 are examined by each investor, that is to say that there is a very significant traffic jam. Bringing them out of their Parisian place, makes it possible to bring up startups that would have been at the bottom of the pile “, he rejoices.

National funds: a logical continuation

This event is not intended to compete with regional investors who are also very useful, underlines the organizer. ” Regional funds are solutions for the initiation of projects, but at some point, the solutions must be financially supplemented by investors who have deeper investment capacities and who are more structured. remarks Renaud Gaudillière. ” It’s kind of the next step! “, he continues. All the more so in the health sector, which is capital-intensive, often with years of study to finance, and where geographical barriers make no sense. Startups can grow regionally by keeping local jobs in a conducive regional ecosystem, according to the organizer of “ Meet my investor ». « Parisian investors invest in projects, regardless of whether they are located in Paris, France or Europe “, emphasizes Renaud Gaudillière. ” We did not bring in American or Chinese funds, but funds that are known in the Parisian marketplace. The latter are used to investing in start-ups in the capital and are not very interested in the province. However, the province has talent and there are funding needs “, he continues.

Three winners in health

The second part of the event was open to the entire regional ecosystem. Startups had 30 minutes to present their project. Three were accepted. In the breakthrough innovation category: Med’inn’Pharma (MIP), which designs and develops a new range of human biological drugs with curative potential in inflammatory and degenerative diseases; in the impact company category: MedicoTech, which created the first French search engine for clinical trials in oncology. Thanks to augmented intelligence technology, it allows you to find a suitable clinical trial for your patient; And for the jury’s favourite: Cellaven, whose mission is to free scientists from the drudgery of in vitro culture by making cell production automation accessible.

« The pitches were of very good quality and the national investors selected projects with high potential “retains Renaud Gaudillière. Everything will be played out in the next 18 months… On the PMT Propelleur side, an idea has emerged: why not create a training course with certain national investors to strengthen support for startups and boost their pitches?

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