HomeEconomyAbout twenty SMEs become ETI with the public support program Etinlle launched...

About twenty SMEs become ETI with the public support program Etinlle launched by Emmanuel Macron

Run at the end of 2023, the Etincelles system should allow high potential SMEs to become intermediate -size companies.

The Public Support Program of Etinlle, aimed at helping the French promising SMEs to become intermediate companies (ETI), has allowed around twenty companies to cross this limit, of a total of 252 participants at this stage.

Run at the end of 2023 by Emmanuel Macron, the Etinlle system plans to support, by 2027, 500 SME with high growth potential. The fifth promotion, which brings together 55 companies in 40 departments, was welcome this Friday in Bercy.

“It is estimated that around twenty the number of companies that have become ETIS since its entry to the program,” said Solène Le Coz-Fortis, a member of the team that pilots this program in the General Business Directorate (DGE), which depends on the Ministry of the Economy.

“There is a dynamic that is compromised”

Some of the participating companies were not far from the thresholds that allowed the distinguishing SME and ETI, established in 250 employees and 50 million euros, but this “impulse” made it possible to support them in this transition, he said. “Confirms that the system is outdated and participates in the development of our businesses to become real pepitas,” Véronique Louwagie, a delegate minister of commerce, azutas, small and medium economy and social economy and solidarity, told AFP. “There is a dynamic that is compromised, you must continue,” said Véronique Louwagie in his speech.

In practice, to accelerate the growth of SMEs, the system provides them with custom support for 12 to 18 months, with a couple of dedicated interlocutors, one in Bercy and one in the region. The latter makes the link with other public services according to the needs: either financing, recruitment, export or even innovation.

This program represents “a remedy for the manager’s loneliness, especially in front of administrations,” according to Christian Girardière, president of Brothers Laboratory, a pharmaceutical company of the first promotion whose production site is based on Maine-Et-Loire. In total, the DGE has supported 252 companies in 80 departments since the launch of the program.

Most of them (71%) are outside the main urban centers and, therefore, their development makes it possible to have “positive effects on the territories ecosystem,” he welcomed Mrs. Louwagie.

Author: PL with AFP
Source: BFM TV

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