The Quirinal Summit Inaugurates Two Programs To Support French & Italian Entrepreneurs’ Cooperation

On 26 November 2021, on the occasion of the Quirinal Summit, Bpifrance and Cassa Depositi e Prestiti signed a Memorandum of Understanding (MoU), deepening the ties between the two neighbor institutions.

Two new programs to develop collaboration between French & Italian entrepreneurs. The partnership agreement, signed during the Quirinal Summit, will firstly take body with the instauration of a general cooperation and information exchange between the two public banks to improve sharing of good practices. On the financial side, the parties work together to promote Franco-Italian industrial cooperation and to offer the best financing and guarantee instruments for export operations.

 

The very first binational Accelerator program

To further support and strengthen the bonds between French an Italian entrepreneur’s communities, this signature also confirms the launch of two new non-financial support programs.

  • First, the French-Italian Young Leaders program, launched in May 2021, aims at creating a network of high-potential professionals who will contribute to developing transalpine relations, but also at the global level. Very promising young professionals (between 30 and 40 years old) from different business sectors, interested in international relations and willing to strengthen the links between France and Italy have been "recruited" by Bpifrance and CDP for this first promotion composed of 30 participants (15 French & 15 Italians).  Two sessions of plenary meetings have already taken place in Rome and Paris.
  • The Franco-Italian Accelerator program was launched on December 15th. The Accelerator targets Italian and French SMEs that wish to accelerate their growth by increasing their presence in the internationalization process on the French and Italian markets. They will also share their culture and market experience in both countries, strengthening bilateral collaborations along the value chains. The first edition gathers a group of 20 French and 20 Italian SMEs and Midcaps, operating in the manufacturing and services sectors. All of them are united with a strong growth potential and an ambition to create transalpine relationships. The program is divided into 6 sessions, which will take place alternately in France and in Italy, dedicated to training and business matchmaking.