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General

French govt offers EUR 300 mln in loans for business ICT

Tuesday 24 December 2013 | 09:18 CET | News
France announced a programme of EUR 300 million in loans to help small and medium businesses integrate ICT in their products and development. Part of the government's Investments for the Future programme, the loans will be available on generous terms from Bpifrance, the state industry bank, in amounts of EUR 200,000 to EUR 3 million. The private element of the project financing is expected to at least match the state support. Digital economy minister Fleur Pellerin said OECD figures show that ICT accounts for just 15 percent of French corporate investment, compared to 30 percent in the US.

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Categories: General
Countries: France
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