Paris has a growing tech ecosystem fueled by the strength of its startup community.
With the support of government entities, academia and the investment community, it seems like the once “old-school” city is aiming to become the top tech startup scene in Europe. According to tech.co, last year, Paris overtook Berlin in the European Digital City Index (EDCI) rankings of best tech startup city, making it 6th place in the world.
During the weekend of July 8th, the organizing team of Startup Weekend Paris held an event focused on food. During 54 hours, more than 100 participants – designers, engineers, programmers and industry experts – created and developed products and services to disrupt this industry. The coaches and judges praised the teams’ work and the incredible progress made during the event.
One of the teams, Happyculteur, wants to develop a beekeeper community to make the purchase of local honey more accessible to buyers. Another team, La Brigade Culinaire, seeks to create a space within restaurants (that close on Sunday) to give young chef teams the opportunity to learn and provide service to clients. These two startups created during the Paris Startup Weekend hold the potential that in the future, they may become a success story such as Snips, a very well-know Paris based artificial intelligence startup that has raised more than $6.3 Million USD.
Right now, the capital has 5,000 startups (compared to 1,000 in 2011) and is adding 1,000+ startups every year, as well as hosting more than 40 accelerators. Paris is planning to host the largest incubator in Europe by 2017, a project being run on both public and private investment. Other French cities that are emerging on the entrepreneurial landscape include Toulouse, Lille, Nantes, Lyon, Grenoble, Bordeaux, Nice and Montpellier. On a local level, the current education system in France is even becoming more focused on entrepreneurship and leadership, which is a paradigm shift for French culture.
We are excited to watch the French entrepreneurial scene bloom over the next few years with the help of our community and all actors across the ecosystem.