If your company is working on a breakthrough innovation project in France, Bpifrance can assist with funding through its deeptech development support scheme. This initiative covers up to 45% of eligible expenses, with a maximum aid amount of €2,000,000. The support is available for R&D projects that demonstrate significant technological advancements and are poised for industrialization and commercialization.
Objectives
The deeptech development support scheme aims to finance R&D projects that focus on breakthrough innovations characterized by high technological content. Eligible projects must originate from research laboratories or involve teams with strong scientific ties, face high entry barriers, and present a distinct competitive advantage. The funding is designed to assist companies in navigating the complex and capital-intensive journey from development to market launch.
Beneficiaries
This scheme is available to companies registered in France with fewer than 2,000 employees, regardless of their economic sector. Eligible sectors include services, industry, and digital technology. Companies must submit their funding application before commencing their projects.
Eligible operations
Eligible expenses include both internal and external costs directly related to the R&D phases of the deeptech project:
- Internal costs: Personnel expenses and flat-rate overheads.
- External costs: Intellectual property, legal studies, feasibility studies, market studies, prototype development, pilot installations, partner searches, and updates to the business plan for industrial and commercial launch.
Not covered are ordinary operating expenses and investments not directly tied to the project.
Eligibility conditions
Key conditions for receiving funding include:
- Submission of the aid application prior to project implementation.
- The project must qualify as deeptech, demonstrating significant technological innovation.
- The aid is provided in a mixed form of grant and repayable advance, with a maximum coverage of 45% of forecast eligible expenses.
Grant amount
The funding can reach up to €2,000,000, granted as a combination of a grant and a repayable advance. This support can cover up to 45% of the eligible expenses incurred during the project. There are no processing fees, and both forms of aid are offered at zero interest.
Frequently asked questions
Can I combine deeptech support with other funding schemes?
Yes, deeptech support can be combined with other funding sources, provided they do not cover the same expenses. Check with BPI France for specific combinations.
What types of projects qualify for deeptech funding?
Projects must focus on breakthrough innovations with significant technological content, originating from research labs or involving strong scientific collaboration. They should also face high barriers to entry.
How long does it take to receive funding after applying?
The processing time for the Deeptech Development Support grant can vary based on the specifics of your application. Generally, applicants can expect to receive feedback within three to six months after submitting a complete application. For the most accurate and detailed information regarding timelines, please reach out directly to Bpifrance.
What happens if my application for deeptech funding is rejected?
You can request feedback on your application and make improvements for future submissions. Consider reviewing your project alignment with the deeptech criteria.
Is this funding still available in 2026?
Yes, the deeptech support scheme is ongoing. However, it’s advisable to check with BPI France for any updates or changes in the program.