The Fonds Sud Innovation is designed to assist companies based in New Caledonia with their innovative projects. Whether you’re in the startup phase looking to develop a concept or in the development phase of an existing project, this fund provides tailored financial support. The amount varies based on the specific project and can include grants or repayable advances, depending on the stage of innovation.

Objectives

This fund aims to support innovative projects that transform ideas into tangible outcomes. It is particularly focused on projects in their startup phase, where the goal is to develop a concept into a viable project, as well as projects that are already in development, helping them to reach the next level.

Beneficiaries

The Fonds Sud Innovation is available to a wide range of companies operating in New Caledonia. Key criteria include:

• Registered office and main activity located in South Province
• Compliance with tax and social obligations
• A support contract with an incubator or accelerator recognized by South Province and BPI France

Excluded sectors are not specified, but eligibility is generally broad.

Eligible operations

Eligible operations include:

• Innovative projects in the startup phase aimed at transforming concepts into real projects
• Innovative projects in the development phase

The fund does not specify exclusions, but it is implied that projects must be innovative and viable.

Eligibility conditions

To qualify for funding, applicants must:

• Have their registered office and main activity in South Province
• Be in regular compliance with tax and social obligations
• Have a support contract with an incubator or accelerator recognized by South Province and BPI France.

Grant amount

The funding amount depends on the specific project. For innovative projects in the startup phase, grants are provided, while projects in the development phase may receive repayable advances. The exact amounts are determined based on the project’s needs and scope.