CMU: A necessary utopia for start-ups

Marie EKELAND Vice-President of France Digitale [vc_btn title= »Download the article » style= »outline » color= »blue » align= »right » i_icon_fontawesome= »fa fa-file-pdf-o » add_icon= »true » link= »url:http%3A%2F%2Fconfrontations.org%2Fwp-content%2Fuploads%2F2016%2F07%2FInterface105EN_EKELAND.pdf||target:%20_blank »] In France, the dearth in seed capital for start-ups allegedly amounts to at least two, or even as much as four billion euros. Yet there is no shortage of talent. Does the answer lie in the future Capital Markets Union? Marie Ekeland, Vice-President of France Digitale, gives us her take on the situation. How dynamic is the start-up sector in France? Marie Ekeland (M.E): It is astonishing that the changes occurring in the economy right now are neither visible nor understood. According to the poll that we conduct every year with Ernst&Young, digital start-ups financed by venture capital in France grow by an average of 42% a year. They generate 40% of their turnover abroad. Every year, their workforce increases by 25%. The average age of their employees is 32. 92% of these