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BNP Paribas, KPMG and WeGrant be a part of forces to facilitate entry for French firms to public support and subsidy applications

In a posh and unsure financial setting, BNP Paribas, WeGrant and KPMG are becoming a member of forces to help the event of French firms in all territories and meet the challenges of the present transition.

Whereas many public schemes, representing the equal of 76 billion euros in allocations from European, nationwide and regional funds, have been created to allow all gamers within the French economic system to proceed their progress, primarily in tasks associated to the setting and digitalisation, these public aids usually stay unrecognized and little requested.

By combining their experience in financing, knowledge and consulting, BNP Paribas, WeGrant and KPMG purpose to simplify entry for French firms to public subsidy applications with a purpose to finance their investments in future tasks.

The creation of the service platform – Espace Subventions Entreprises – designed by the three companions, makes it doable to establish the general public funding that corresponds to their growth tasks. Firms can then profit from customized help from WeGrant and KPMG to facilitate their procedures, in addition to further financing from BNP Paribas.

The research Low Carbon Transitioncarried out by BNP Paribas and Potloc with 1,100 managers of SMEs and ETIs in Europe on the finish of 2022, highlights the 2 major expectations of firms: financing gives devoted to the vitality transition and help within the seek for public support[1]. The assorted public aids have thus been prioritized within the platform to spotlight essentially the most related aids in keeping with the kind of firm.

Firms can subsequently profit from this new service, developed with WeGrant and KPMG, to higher perceive the grants they’re eligible for, but additionally to handle the request, from writing to the entire structure of the file. The platform integrates simulators and a particular algorithm to calculate the likelihood of acquiring support by the corporate. Up to date day by day, this new Espace Subventions Entreprises platform will embody greater than 350 European and French grants chosen in 2023.

As the primary monetary establishment to supply this service to its company shoppers, BNP Paribas, in partnership with two main gamers of their sectors, needs to offer its shoppers with an modern resolution to help their funding tasks and specifically speed up their vitality transition and digitalisation.

Initially provided to French firms, this platform might be prolonged to different European nations.

Marguerite Bérard, Director of Industrial Banking in France at BNP Paribashighlighted : “The vitality and digitization challenges for firms are important, notably within the present financial context. We wished to associate with WeGrant and KPMG to develop one of the best provide to serve our shoppers. With Espace Subventions Entreprises, we’re the primary French monetary establishment to offer this modern resolution to finish the financing preparations for firms and help their funding tasks. This provide reinforces our position as a trusted associate for our enterprise clients. »

Francisco Estevan, Founder and CEO of WeGranthighlighted : ” With our arrival on the French market, we need to create the most important public support administration ecosystem in Europe and eventually make it accessible and intuitive for firms. Firms have by no means had a lot help because the launch of the Subsequent Technology funds. This can be a key second when figuring out and securing grants has grow to be a necessary technique for enterprise growth and innovation. »

Marie Guillemot, President of KPMG in France provides : “Trusted associate of firms for 100 years in France and an organization with a mission, KPMG helps financial gamers on the coronary heart of the territories, notably on this interval of profound change. By partnering with BNP Paribas and WeGrant, we’re dedicated to serving to firms meet the twin problem of environmental transition and digitalisation, by facilitating and accelerating the implementation of public schemes and financing, to help them of their transformation in direction of extra sustainable and accountable fashions. »

  1. ^ [1] BNP Paribas and Potloc survey, “Low Carbon Transition” carried out in November and December amongst 1,100 managers of SMEs and ETIs in Europe.

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