Business incubators. Paris Region’s dynamism is attracting investors

73%: this is the five-year survival rate for businesses based in incubators, as compared with the general average of 51%. Today there are some forty business incubators in Paris Region, hosting more than 1,000 companies and creating more than 1,200 jobs a year. A perfect example of this vitality is the Paris-Soleillet incubator, located in the city’s 20th arrondissement, which recently celebrated its 20th birthday. “Since 2004 the occupancy rate for our offices has been 100%,” proudly declares Alain Lambert, Paris-Soleillet’s director. “We’re currently hosting 47 companies.” The role of these incubators is to host, support and provide training for start-up companies for a four-year period, providing an invaluable back-up function. “Thanks to the incubators, companies can access offices at very competitive prices as well as receiving technical and logistical support which helps them become part of business, legal and financial networks,” explains Alain Lambert.

Inspired by the success of the incubators in general, and of Paris-Soleillet in particular, the Paris Chamber of Commerce and Industry plans to start up a new incubator in the capital’s 10th arrondissement. Around 20 new companies will be hosted here from February 2010, in brand new premises of 800 m².

© Paris-Soleillet

Source: Le Parisien économique, 25 January 2010

To find out more:

Discover all the business incubators in Paris Region on Econovista, the free economic map of Paris Region

More about how incubators can help start-ups succeed on start-up support website Créersaboite.fr (French only)