While the term “startup” refers to a company that is just starting out, it covers a company that is looking for a business model that can be industrialized, is profitable and enables growth (definition given by Steve Blank).
Start-ups are companies with strong growth potential. Starting out with limited resources, they have a technology, product or service that opens up great opportunities. Successful start-ups often develop rapidly on the market, but are not very profitable in the first few years.
Indeed, launching a disruptive service requires considerable investment. It’s a gamble for entrepreneurs and their partners alike. As such, a start-up needs to protect its interests and take a long-term view. For the most part, start-ups operate flexibly and agilely, enabling them to react quickly to any changes in their field of activity. This ability to adapt is part of the DNA of startups.
To finance their ventures, startups obtain external support from business angels (BAs), venture capitalists, banking partners and public authorities. Startups receive development assistance from local and national authorities to help them grow.
Through their innovations, startups create jobs and attract foreign investment to France. One of French Tech’s missions is to promote innovative local businesses.
YesMyPatent advises startups on their industrial property strategies, so that they can carry out the procedures needed to protect their projects, now and in the future. Strategic advice also includes assistance in choosing the formalities to be carried out, as well as monitoring contracts where industrial property is at stake: confidentiality agreements, employee invention policy (employment contracts), trainee management, collaboration contracts, etc. YesMyPatent’s technical experts can also draft and register patents, taking into account the specific features of each start-up.
Startup grants to know :
