5 French com­pa­nies win startup sup­port

China Daily European Weekly - - BUSINESS -

The list of win­ning star­tups of this year’s Im­pact China com­pe­ti­tion was un­veiled on Jan 24 by the or­ga­niz­ers, gov­ern­ment-run trade pro­mo­tion agency Busi­ness France and in­vest­ment bank Bpifrance. The win­ners, Carfit, Ex­a­gan, Plat­form.sh, Qui­v­idi and Sig­fox, get a per­son­al­ized pro­gram and tools to set up op­er­a­tions in China and re­spond to the needs of “one of the world’s lead­ing dig­i­tal play­ers with over 750 mil­lion In­ter­net users”, a state­ment from the or­ga­niz­ers said. A Franco-Chinese jury se­lected the five star­tups “based on the in­no­va­tive na­ture of their prod­uct or ser­vice, their suit­abil­ity with the ex­pec­ta­tions of the Chinese mar­ket, the ro­bust­ness of their busi­ness model and the de­gree of in­volve­ment of the teams in the project.”

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