France’s business department and government investment vehicle BPIFrance have launched the SME France’s business department and government investment vehicle BPIFrance have launched the SME Accelerator programme, which aims to increase the size of small businesses to middle-sized ones to create market leaders and success stories. The programme is 61 percent funded by BPIFrance. The first round, set to benefit at least two firms, was launched on 5 March. The second round will be launched in the autumn, targeting businesses with between EUR 10-40 million of turnover that are independent of larger groups. Participating SMEs will be supported with audits, and insight from appropriate members of a panel of over 50 successful mid-sized businesses over a 2-year period.
