If your company is in the creation or growth phase, this startup accelerator may be for you! Match with accelerators in 12 French locations—from Paris to the French Riviera—where your startup can grow in French soil for one year. Apply and you may receive $48,700 USD, not to mention mentoring, masterclasses, and an excellent alumni program.
Applications have closed for the most recent batch. Follow Lootstrap on Facebook for updates!
Award Amount
- €45,000 (approx. $48,700 USD)
Location
- Matching selection with 12 locations in France: Paris, Bordeaux, Brest, French Riviera, Grenoble, Lille, Lyon, Marseille, Montpellier, Normandy, Rennes, and Toulouse
Length
- 1 year
Benefits
- Fast-tracked procedure to obtain a French residence permit
- Expenses covered in the incubator and region you match with
- Select your top 3 from among 41 choices
- Tailored masterclasses and mentoring sessions
- Access to events and training sessions provided by the incubator network
- Access to a senior mentor to support the startup’s growth
- 2 Demo Days with investors and corporate executives
- Administrative help and special offers to ease your transition to France
Who Can Apply
- Startup projects in creation or growth phase
- No consulting or import-export businesses
- Teams of 2 to 3 co-founders with a maximum of one French citizen
- Must speak English (program held in English)
- Applicants must be over the age of 18
Selection Criteria
- Quality of team members and their entrepreneurial skills
- Feasibility of product
- Market potential
- Marketing strategy
- Impact of business on the French location
- Financial growth potential
Application Process
- Written application
- Video interview for top 70 applicants
Conditions
- All co-founders must be full-time dedicated to the startup
- No outside work
- Founders must live in their accelerator city for one year
- Founders must have a valid French visa
- Long-term absences must be agreed upon by your incubator
- Founders must open a bank account in France
Post-Program Perks
- Participation in a network with 50 other international startup companies
Website
As always, this program takes ZERO equity!
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