Contacts are vital if you want to secure investment from a business angel group in France. While the there are a large number of investor in France, many of the higher level investors such as venture capitalists are reluctant to invest in unproven projects. Most start-up investments are via government funds, friends and relatives of the entrepreneur, and business angels.
The investments also tend to be quite conservative here, with many investors opting to put their funds in property or manufacturing services, rather than technology or innovation. Still, statistics show a change in trends, with the amount of business angels in France steadily increasing in recent years. This is being pushed further by the French government, who want to increase the amount of business angels within France to over 20,000. This is still considerably lower than the UK and US, but with networks such as France Angels and websites such as the Réseau Financier Français, which connects investors with entrepreneurs, the total looks easily achievable. The Réseau Financier Français is the French branch of the Angel Investment Network, which operates in over 50 countries around the world.
To add to this, France's wealth tax reform in recent years has been beneficial in making more people become business angels, however, many of these still approach matters with caution, and seed capital may take a lot of work for new businesses to obtain.
This is where the Réseau Financier Français comes into play. Their objective is to connect entrepreneurs with the right investors, giving new businesses the funding that they need and keeping investors confident with an idea that will generate good returns on their investment. They believe that having the right combination of investor and business entrepreneur is key to a successful relationship, and a successful business.
More information is available at http://www.reseaufinancierfrancais.com
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The Angel Investment Network currently includes a wide range of International investors looking for investment opportunities, along with entrepreneurs in France looking to get their business off the ground.