International Project Guarantee
Coverage can reach 50% of the capital invested by the French company or its group in one or more foreign subsidiaries. The scheme applies to countries accepted by Bpifrance, excluding countries under sanctions. It does not cover political risk, relocations or financial restructurings.
Bpifrance's Garantie de Projets à l’International (GPI) secures part of the capital a French company invests in a foreign subsidiary. It covers creation, acquisition of a stake or growth projects and protects against the subsidiary's economic risk.
Funded by Bpifrance
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Who can apply
French SME or mid-cap with genuine economic activity in France, mainly European shareholders and at least 12 months of accounts. Size, revenue and balance sheet thresholds are set out on the official website.
Eligibility conditions
The project must involve the creation of, acquisition of a stake in, or growth of a foreign subsidiary. Political risk, relocations and financial restructurings are excluded. Countries under sanctions are not eligible.
What the scheme covers
Capital invested directly by the French company in one or more foreign subsidiaries.
Amount and funding terms
Up to 50% of the capital invested in the foreign subsidiary, depending on the review and the GPI conditions.
How to apply
Complete the application form on the GPI website and prepare information on the group, the subsidiary, the project and the planned investment. Have eligibility confirmed before committing to the operation.
Timeline
Applications are made to Bpifrance; review times and required documents must be confirmed for the project.
Key facts
- Funder
- Bpifrance
- Type of funding
- Guarantee
- Status
- Ongoing
- Maximum amount
- €1,500,000
- Automatically extracted — check the official source
- Funding rate
- 50%
- Automatically extracted — check the official source
- Geographic scope
- All of France
Frequently asked questions
What amount or level of support is available?
Up to 50% of the capital invested in the foreign subsidiary, depending on the review and the GPI conditions.
Who can benefit?
French SME or mid-cap with genuine economic activity in France, mainly European shareholders and at least 12 months of accounts. Size, revenue and balance sheet thresholds are set out on the official website.
How can I check my eligibility?
The project must involve the creation of, acquisition of a stake in, or growth of a foreign subsidiary. Political risk, relocations and financial restructurings are excluded. Countries under sanctions are not eligible.
What is the application process?
Complete the application form on the GPI website and prepare information on the group, the subsidiary, the project and the planned investment. Have eligibility confirmed before committing to the operation.
Official source
No official URL is available in our data for this grant.
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