Presentation of the Agency
Kick-off Meeting of CTIBO Project Asia-Invest Programme
au service de l’entrepreneur
20/07/2005
www.oseo.fr
Mission: to promote the economic development through innovation
Policy since 1979
• to promote early stage technology development and start up
companies • to support R&D for innovative products in SMEs • to develop closer relationships between public R&D and industry
• to facilitate European joint research and to develop international partnerships
• to increase young people’s awareness of innovation
On January 1st 2005, the rapprochement of the Agency with the BDPME to constitute the OSEO group, thus to reinforce its capacity to answer the needs of innovative SMEs
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The Group
Created by the rapprochement of two structures
Anvar
• To encourage the creation of enterprise and the growth of SMEs through innovation • To support the public laboratories to commercialise their research achievements
BDPME (Development Bank for SMEs)
• To facilitate the access to credit for SMEs by sharing the risk with their banks, or by partial loan guarantee, or by co-financing
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Organisation
OSEO is constituted under the form of public agency With four lines of activities
• • • • Support to innovation funding, in partnership with the banks Guarantee of bank loans and intervention of firm’s capital Services on line
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Relation with the French Ministries
MINISTRY OF SME
MINISTRY OF EDUCATION
MINISTRY OF ECONOMY, FINANCE AND INDUSTRY
MINISTRY OF RESEARCH AND TECHNOLOGY
MINISTRY OF INDUSTRY
A. N. R.
OSEO
A.I.I.
OSEO anvar
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OSEO bdpme
5
State
100%
53%
59%
43% 41%
Banks
52%
46%
Public Investment Funds
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A Complementary of Supports of Anvar and BDPME
Idea
GUARANTEE SOFARIS
Feasability
Development
Launch
Life cycle
GUARANTEE SOFARIS
Private equity
Personal loans
Seed & start-up capital Seed capital Business Angels Self-financing
expansion capital Stock Exchange
Anvar Banks Fiscal measure Regional and other public fundings
High
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GUARANTEE SOFARIS C.DEV CREDITS CEPME
MOBILISATION DU CIR
Risk level
FCP FUNDING
Low
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Portrait of the Agency
Public corporation owned by the state
Operational Staff : 500
261 M€ total funding in 2004 for about 3680 projects
Decentralized organization
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Contraction of funding face to a very difficult conjuncture 261 M€ for 3680 aids
- 10% - 5%
290 M€ 261 M€
3680 aids
3867 aids
2004
2003
2004
2003
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Engagements included (contracts signed during the year)
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Sectoral distribution of Anvar’s support to innovative projects in SMEs
an increasing support to innovations in IT and services based on IT … …and in biotechnology as well … … but with a constant support to innovations of other sectors
Consumer goods 8% Intermediate goods and construction 17,1% Information Technology
30%
Capital goods 17,4% Life sciences 27,5%
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distribution of main aids to enterprises in sum (contracts signed in 2004)
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Technology based start-up program
(Annual National contest operated by ANVAR for the Ministry of research and technology)
1999-2003, over 6 years, 127 Million Euros (grants & loans) for: 8000 candidates 1195 selected projects
622 awards to New technology based firms (most of them created by researchers), low failure rate.
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Personalised support to confront the complex reality
An adjustable support according to the projects
new product, procedure and service ante-creation and creation of enterprise
Aid to Innovation
recruitment of research & engineer
transfer of technologies
European and international partnership accompaniment for research of capital (PPA, FCPI, Financial market…)
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Personalised support to face the complex reality: Key figures
Number of projects Project initiation and development Recruitment Youth programmes (age 15 to 25) 1865 Amount in M€ 218,3 Part of total budget 83,70%
1163
488 63
20
1,3 8
7,70%
0,50% 3,10%
Technology dissemination network agreements
Others TOTAL
101
3680
13,3
261
5,10%
100%
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Raising of European and national private and public fundings
French regions French government French departments
Feder/ESF
Seed funds
6th Framework Programme
Venture capitalists, national and regional funds
1 168 companies recognized as innovative by Anvar (tax-advantaged investment funds- FCPI)
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Asia-Invest: Financial instrument
of EU to promote European-Asian advanced partnerships
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China, perception for the future : New Priority
Institutional partnerships: a base of support
• Memorandum with Innofund, MOST:
• Guiding framework for the Sino-French transnational technological cooperation
• Memorandum with STIC, Shanghai
• Multilateral co-operations effected by different Chinese and French actors of innovation
Network of accompaniment: a means toward partnership
• Memorandum with ITTC, Tsinghua • Letter of Intent with NTEM, Tianjin
Raising funding for joint-projects of technological development
• European programmes • Innofund-Anvar involvement of project financing
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