Impact USA, powered by Bpifrance and Business France, a French Government agency promoting businesses from France, announces its upcoming accelerator applications, which close on July 15th.
The accelerator, which according to CB Insights is “the most active French acceleration program in the US”, supports the growth of French companies in the United States and Canada.
It is based out of NYC, Toronto, Montreal, and San Francisco and is supported by a leading entrepreneurs, executives, and experts.
Impact USA is powered by Bpifrance and Business France. Business France is France’s Trade Agency responsible for fostering export growth by French businesses, facilitating international investment in France. Bpifrance, Banque publique d’investissement, is a French investment bank.
The accelerator was started because for French companies launching in the US and Canada, many have challenges with marketing and sales strategies.
Impact USA’s accelerator helps French companies scale in this market. This includes the accelerator having an in-house business development team to supports its companies. Impact USA focuses on companies from France and it does not take any equity in participating companies.
The organization is already showing an impact, with over 80 alumni that have collectively raised over $450 million in funding.