Hollande vows to rewrite rules on crowdfunding

Thursday 13 February 2014 | 08:38 CET | News
French president Francois Hollande told a group of several dozens of French entrepreneurs during his visit to Silicon Valley that France must do more to recognise the dynamism of its entpreneurs and to promote a spirit of initiative, reports AFP. Hollande said he will write an executive order in March that will allow projects to raise up to EUR 1 million online to set up as a business. The meeting was held at the French Tech Hub, a business incubator in San Francisco that is partly funded by the regional council of Ile-de-France.

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Categories: General / Internet
Countries: France / United States
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