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The government launches a new fund so that the French can invest in SMEs

2020-09-30T07:26:45.918Z

The minimum entry ticket for this risky investment is 5,000 euros. It should allow these companies to increase their equity.



The Minister of the Economy and Finance, Bruno Le Maire, repeated his promise already made to the French: taxes will not increase.

Savings, massive for several months, will therefore not be taxed, again hammered the minister this Wednesday morning on LCI.

But instead, a new form of investment will be created, as if to prevent the French from focusing solely on savings.

"

If they want to invest in the French industrial fabric, they will be able to do so

", revealed Bruno Le Maire, presenting the "

Bpifrance Entreprises 1

"

fund

.

Read also: Are SMEs the losers in the recovery plan?

The rule is simple.

Every French person, namely here every "

non-professional investor

" who wishes to invest in an SME in France, will now be able to do so.

1,500 SMEs and young companies are affected by this new fund, and the “

minimum entry ticket

” for investment will be 5,000 euros.

The fund will be available from tomorrow, Thursday 1 October, on the 123-im.com site or by banking network, insurance or heritage network, details the Ministry of the Economy.

The challenge for the French is to allow them to "

diversify their savings vehicles

", adds Bercy.

But this investment presents a much greater risk than letting one's money sleep or reinjecting it into the economy through consumption.

Bercy and the Minister of the Economy agree: the investment can be lost, the companies concerned being mostly young and unlisted.

Read also: An investment plan more than a stimulus

For them, the goal is to unlock their own funds, especially in times of crisis when they have little.

"

It's a form of economic patriotism, you help SMEs to develop in the region

," said Bruno Le Maire.

It's important to bring together citizens and the business world,

” he concludes.

The lifespan of this Bpifrance Entreprises 1 fund is six years, extendable for one year.

It was composed "

from French private equity funds in which Bpifrance invests as part of its fund activity to support the development of the French economy

", specifies Bercy.

These are funds which, for 15 years, have been investing "

across the country in order to cover the necessary equity capital

" of businesses.

Source: lefigaro

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