Since beginning its French operations, through a diverse set of instruments and shaped with the government and local authorities, the EIF has worked to support SMEs and respond to market needs
While Paris has become a leading venture capital hub, the EIF has worked nationwide to improve access to finance and close the funding gap for entrepreneurs. Initiatives like JEREMIE and local instruments like FOSTER Occitanie I have been followed by several successful mandates, including debt financing under successive EU programmes, continuing EIF’s support for French SMEs.
“Microplastic pollution is a ticking time bomb. Microplastics don’t degrade for hundreds of years - they accumulate, and we are producing two million more tonnes every year; 210 species of fish are already polluted; 90% of water is polluted. We will reach a point where this concentration is catastrophic for the environment, biodiversity and human health. That’s why we need immediate action to identify the sources and eliminate them,” says Jamie Walters, CEO and co-founder of Calyxia, a Paris-based company set out to do exactly that.