Scientipôle Initiative

The aim of Scientipole Initiative is to closely associate corporate and technological resources in order to contribute to the emergence of innovative enterprises and support the development of such projects.

Scientipole Initiative audits the potential projects, counsels and accompanies the future entrepreneurs from both a scientific and technological base as well as from a managerial point of view.

The granting of a non-guaranteed no interest loan to the principal entrepreneur(s) of the start-up or project furnishes a real tool of financial leverage. This loan is a personnel loan, ranging from 15 to 60K€ per enterprise, for a period of up to 5 years.

After the loan has been granted, Scientipole Initiative provides a follow-up of the projects it has helped by direct sponsorship, coaching and workshops.

Scientipole Initiative relies on a large network of over 50 experts who provide support to the new entrepreneurs.

Since 2002, Scientipôle Initiative’s approval committee has backed 416 businesses (at 31 December 2010) with a financial commitment of over  €15,5 million.

Scientipôle Initiative has a permanent staff of 10. It can call upon a network of some 50 experts, with experience in diverses technologies, finance, marketing and business organization and administration .

Scientipôle Initiative’s services
   Welcome centre, expert appraisal, support and Honour loans.

• Unsecured loans at 0% interest
• Value: from €15,000 to €60,000 per company
• €20,000 maximum per founder or partner
• OSEO guarantee if eligibility criteria are met
• Introductions to: partners with technical expertise, banks, business angels, seed capital (via Scientipôle Ile-de-France  Capital), risk capital

The young innovative enterprise (or the project) must be:

• Based in the Ile-de-France
• a Business with less than three years’ of commercial trading
• Able to offer an innovative service or product in their marketplace
• In a position at some point to offer employment to 2-3 people at least
• At a stage of advancement such that its growth can be facilitated by Scientipôle Initiative, in particular through technical support from partners