In France, as is the case for many European countries, more and more companies are being backed by business incubators. These incubators are mostly targeted to young, innovative companies, and they provide their assistance for a period ranging from 6 to 24 months. One of the main objectives of incubators is to expand the number of successful innovative companies which have benefited from publicly-funded research. The ultimate goal of this support is not only to foster the expansion of companies which hold significant growth prospects, but also to contribute to the development of the economic and social fabric of regions in France having potentially high added value. All such endeavors are part of an effort to enhance the European Union policies devoted to the development of innovation.
The PACA-Est business incubator was created in 2001 and is one devoted more specifically to the development of companies in the South-Eastern part of France. The founding organizations of the incubator are the University of Nice-Sophia Antipolis, the University of Toulon and INRIA or National Institute for Research on Computing and Automation.
The incubator holds the national quality certification from the French Ministry of Higher Education and Research and is highly selective in its choices when it comes to provide assistance to start-up companies; only a few of the many application files received by the incubator’s Accreditation Committee are actually selected. Once a project is selected however, the PACA-Est incubator can bring companies individual assistance and/or more collective support, depending on the nature of needs. Besides, it also facilitates access to financial and/or logistical support, although the incubator doesn’t interfere with the operational management of the companies’ projects.
In March 2016 at the start of its incubation period NUNII already had initiated plans for its fundamental research programme for innovation, with the French INSERM (National Institute for Health and Medical Research) and the Unité U1065, the Nice-based INSERM research lab.
The incubator played a vital facilitating role in the early stages of NUNII’s collaboration with INSERM, a key accelerator for the development of NUNII. The incubator also facilitated access to key partners such as the French Public Investment Bank (BPI france) and the INPI National Institute for Intellectual Property.
Overall, thanks to this valuable collaboration, NUNII gained significant time, which allowed NUNII to remain focused on the development and design of its product line.
Now that the incubating period has drawn to an end (it finished in September 2017), NUNII is proud to have succeeded in its early development phase and is now moving along in its upward trajectory with the launch of its product lines on 4 continents and to continuing our long-term R&D programme with U1065 INSERM.