Belvedere Presse

What are the Most Interesting French Internet Startups at the Moment?

Recently it was announced that there would be three French Internet Startups that would concentrate on the European market. These are structures that may have relevance for the entrepreneurs that operate across the globe. There is nothing to say that you have to concentrate on the domestic market alone when working with this product. Last year there were new ventures by Jaina Capital and Kima Ventures. France has some gaps in the investment portfolio that is available to their citizens. The primary reason for this trend is associated with a socialist model that is not particularly enamored with the concept of private enterprise. The Ecole Européenne des Métiers de l’Internet EEMI is primarily designed to train those individuals that are looking for ways in which to benefit from the boom that is associated with this sector.

The charitable model: When the French Internet Startups were announced, the leaders of the scheme were Jacques-Antoine Granjon, Marc Simoncini and Xavier Niel. The trio primarily concentrated on the opportunities that lay in home working using the internet. Moreover they also offered an education service using the expertise of Alain Malvoisin who later joined the scheme. The scheme would allow for the training of internet based professionals. The groups that were targeted included webmasters, SEO consultants and content generators. In creating this form of French Internet Startups, the company hoped to increase the efficiency of the sector especially with reference to the French market.

Application process: Those people wishing to join these French Internet Startups need to have at least a Baccalauréat or a high school diploma for USA students. Over the course of the year a minimum of 250 and a maximum of 350 students would be accepted. It is anticipated that the venue for the training will be in private schools which cost between $10,000 and $16,000 each year. A pan-European approach has been used and there will be some international students that join the scheme. A comparative scheme was developed by the European Business School or the ESCP-EAP. One of the interesting schemes is the ability for students to move to a new European city to continue with their field work.

Overcoming an anti-business sentiment: Unfortunately France has acquired a reputation for not supporting business studies. For example it has been found that there are over 60,000 students in the country that have taken up Psychology as their principal subject. This is a great program to follow but it comes at the expense of business and science studies. In fact that figure alone is 25% of all the European students taking the subject across the continent. Therefore French Internet Startups such as the ISAI Development Fund will go some way in recruiting new entrepreneurs. The management portfolio for this scheme will contain close to $33 million. 60 Software and e-commerce experts have been recruited for the purposes of improving the business culture within the jurisdiction. There is a lot of enthusiasm for these projects especially in light of the crippling recession that is taking away French jobs.

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