Invest in Provence Alpes-Côte d’Azur Region

Invest in Provence Alpes-Côte d’Azur Region

The Provence-Alpes-Côte d’Azur Region in France is one of the world’s top tourism destinations as well as one of the most important concentrations of intellectual and technological resources in Europe.

The region is strong and dynamic in many different economic sectors. Among them: telecommunications, microelectronics, digital technology, life sciences, aeronautics and astronautics, sea technologies, multimedia but also the agribusiness, chemical, logistics and luxury goods industries.

Key Figures

In 2016, the region counted 26 000 R&D employees including 13 000 researchers and an annual R&D investment of 3 billion. Tourism is also a major asset for the region with an increase of 1.4% of tourists in 2015.

Economic Powerhouse

Globally, Provence-Alpes-Côte d’Azur is the third economic region in France in terms of population and wealth. The region supports the creation of new businesses (+14.5% between 2010-1014). It attracts foreign investments: 1 740 companies with foreign capital representing 72 000 jobs.

Major Incentives

France offers a variety of incentive programs to attract foreign investors.
Below are some examples of programs that can be of interest for your company

France’s research credit

Young Innovative Company

BPI France, Public Investment Bank

French Tech Ticket : acceleration program for foreign entrepreneurs in France with a 45K€ funding with the participation of two major cities: Marseille and Nice

San Diego and the Provence-Alpes-Côte d’Azur Region in France are both the industrial cradle of dynamic sectors such as biotech, cleantech, bluetech, defense, aerospace, software, development, and tourism.

To strengthen the collaboration between both regions and create mutual benefits, a memorandum of understanding has been signed in February 2017 between San Diego Mayor Kevin Faulconer and Bernard Deflesselles, Regional Vice President of the Provence-Alpes-Côte d’Azur Region.

The main objective of the collaboration is to boost business development between both regions to encourage efficient and long-term partnerships by :

  • Welcoming French companies in San Diego
  • Promoting France and Provence-Alpes-Côte d’Azur Region to the San Diego local business network
  • Helping California companies to develop their business and expand in France
  • Organizing events that will encourage the business community to foster partnerships
  • Increasing communication between both regions

The San Diego French American Chamber of Commerce has been appointed to be the local representative of the South Alliance partnership.