Bloomberg Law
Nov. 23, 2022, 3:57 PM

France Mulls Using Public Funds to Spur 10 Unicorn IPOs by 2025

William Horobin
William Horobin
Bloomberg News
Benoit Berthelot

The French government is considering the use of public funds to meet its goal of getting 10 startups worth more than $1 billion to list in France by 2025.

France is home to 27 of the so-called unicorns that the government is seeking to transform into global players in the technology industry. As well as considering “selective” financial support for initial public offerings, the Finance Ministry said it would work on improving legislation and ensuring that startups continue to get government consultancy support after going to market.

“Stock market listing is a vital step in the continuum of financing available ...