An initial review of the Tibi Initiative, issued on 7 June 2021, shows that this technology financing scheme has been a resounding success. Partner investors have pledged over €3.5 billion, and the approved investment funds account for a total of more than €18 billion.

The aim of the Initiative, which was unveiled at the French economy and finance ministry in 2020, is to boost the financing of technology companies. The “Financing the Fourth Industrial Revolution” event, which was held on 7 June 2021 with an opening address from Bruno Le Maire, enabled an initial assessment to be carried out.

The results attest to significant involvement from financial operators and institutional investors and are aligned with medium-term goals.

Despite the COVID-19 crisis, the Initiative was rolled out rapidly and partner investors have already pledged over €3.5 billion. When supplemented by the remaining subscriptions, made by third-party investors, all the approved funds account for more than €18 billion out of an initial target of €20 billion  [+ View the list of funds]

Financing the Fourth Industrial Revolution: view the event of 7 June

On 7 June 2021, Bruno Le Maire recommended that the overall target of €20 billion be raised to €30 billion. This bold vision bolsters France’s goal of cementing its position as Europe's leading centre for private financing of scale-ups.

France is on the way to becoming the EU’s largest hub for investment in start-ups and scale-ups. This is a key component in the country’s technological sovereignty and its ability to attract the top European start-ups.

+ Download the “Financing the Fourth Industrial Revolution” press kit >>

The Directorate General of the Treasury (DG Trésor) provides support for investment in technology companies. In early 2020, under the leadership of President Macron, institutional investors pledged to invest €6 billion over the ensuing three years. DG Trésor is responsible for monitoring the implementation of this Initiative, coordinating the technical committees where applications from funds are examined and ensuring that the funds selected are relevant to the project’s specifications.

 + All further information >> (in French)

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