ANVAR, the French Agency for Innovation (Agence Nationale
de Valorisation de la Recherche), is a public institution
with an industrial and commercial character, (EPIC),
operating under the supervision of the Ministry of
Economy, Finance and Industry (MINEFI), and of the
Ministry responsible for Research and New Technology.
For more than 20 years, ANVAR has supported innovation projects of a technological
nature, presenting concrete potential for marketing both in France and abroad.
The innovations can be entirely new, or contribute to improving existing techniques
that allow products to be used in new ways.
The Agency intervenes at a point when finance is the most difficult to raise,
and when potential risks are highest. In this way, the agency allows innovators
to progress with their projects, and in some cases, it approaches investors
looking for companies with a strong growth potential.
Through its know-how, the agency can provide engineering and support services
to innovators – people setting up their own companies, or those from
small and medium-sized businesses, industrial companies or laboratories. In
the context of a global approach to a project, the agency can offer:
 |
Personal support - expertise
and help with project management, assistance in finding
suitable partners, promotion of the project; |
|
 |
Risk-sharing
financial support - an interest free loan that will
be reimbursed if the project is successful, or capital
financing (stock purchase warrants - bons de souscription
d’actions) can be arranged in association with
the private sector; |
|
 |
Specific action - for
the development of new products, procedures or services,
the creation of innovative companies, recruitment
(research and development staff), the transfer of
technology, the raising of finance (new markets,
FCPI – A French venture fund dedicated to making
investments in innovative companies...) and European
and international partners (PCRD – European
Reference Research Programme, EUREKA – the
European Intergovernmental Programme for Technological
Co-operation and Support). |
|