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French government kicks off French Tech Ticket Season 2

Jun 23, 2016, 17:28 IST

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French government has started the second season of French Tech Ticket, a global competition open to entrepreneurs with start-ups in the creation or growth phase and a tech start-up ecosystem.

Led by the French Government, the programme was created 3 years ago and is known to provide optimal conditions for start-ups, so that they can scale up their growth and be able to become global champions. The unique initiative has created a vibrant international start-up and innovation ecosystem in France.

The program promises €45,000 in funding for each start-up team, along with a fast-track procedure to obtain a French resident permit.

Here are some of the key points for the programme:
• Start-up team hosted in one of 41 incubators around France for 12 months
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• A tailored program of Master classes, Networking Events, Mentoring sessions
• A Soft Landing Pack to relocate easily to France

Today, this innovation ecosystem can boast of a record numbers of start-ups, has doubled the amount of capital raised between 2014 and 2015, with numerous companies receiving more than $100 million in funding.

The Season 1 of the programme was termed highly successful, welcoming 23 start-up teams in Paris from 23 countries around the world and India being one of them.

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