BPI France
Avenue du Général Leclerc 27 - 31
94710 Maisons Alfort Cedex
France
+33 14179800
info@bpifrance.fr
http://www.bpifrance.fr
Created by the law of December 31st, 2012, Bpifrance is the public bank for investment, stemming from the merger of OSEO, FSI (strategic fund of investment), CDC Entreprises and FSI Regions. Its two shareholders are the French State and the French Caisse des Dépôts.
To Serve the Future, Bpifrance’s missions are:
i) To favor economic development in French territories (90% of all decisions are taken directly in the regions, Equity devoted to regional investment ),
ii) To promote the French industrial renewal by fostering promising high-growth industries, especially digital, biotechnologies, health, environmental transition, aeronautics, railway, nuclear, robotic, etc.
iii) To identify and support future champions : to build together the France of 2030 by financing sustainable growth and companies’ competitiveness.
To implement these missions, Bpifrance is present at every key phase of business development from the seed phase to transfer, thanks to a financing continuum tailored to companies’ needs (loans, guarantees, co-financing, innovation and equity).
Bpifrance operates with its equity capital and with State funds, regional or European, with an objective of maximal traction on the private initiative thanks to its strong partnership culture and its risk management tools, adapted to public fund management.
| Year of creation individual entities or association | 2013 |
| Type of scheme guarantee or counter-guarantee | Guarantee, lending, Business support, investment, innovation |
| Product typology guarantee or counter-guarantee or co-guarantee | Guarantee, lending, Business support, investment, innovation |
| Ownership i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models | Fully public |
| Shareholder structure Private / Public (in %) | Caisse des dépôts et consignations 50%, French state 50% |
| Legal form of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc. | Limited company |
| Legal form of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc. | Limited company |
| Structure / Network i.e. central scheme with regional offices, central scheme only, association network | Central scheme with regional offices |
| Geographic coverage i.e. local, regional, national | National |
| Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc. | Agriculture, Industry, Crafts, Retail, Liberal professions, Cooperatives |
| Size of businesses supported i.e. large companies, SMEs, micro-enterprises, independent/self-employed | SMEs, Micro-enterprises, Independent/Self-employed |
| Supervision statute i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members | Banking licence, supervised by ECB |
| Profit / Non-profit oriented dividends to public shareholders are not considered as profit orientation | Non-profit oriented |
| Do you benefit from a counter-guarantee at local, regional or national level? Local level or Regional level or National level | No |
| Are you/your members financial intermediary for EU-programmes? CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020 | Structural funds and RSI/RSFF Horizon 2020 - ERDF, InnovFin |
| Types of guarantee products provided by your organisation/your members | Loan default guarantees, Working capital loan guarantees, Mezzanine financing guarantees, Leasing guarantees, Export guarantees, Student loan guarantees, Venture capital guarantees |
| Other SME support instruments offered by your organisation/your members Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services | Subsidized loans, Mezzanine financing, Venture capital, Coaching, Mediation services |
| Is the activity subject to state aid regulation? | No |
| Do you (your members) use..? De minimis or GBER or Regional guidelines or Notification | No |
| Do you (your members) dispose of an internal rating/scoring system? | Yes |
| Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)? | Yes |
| Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)? | No |