NETVA 2011: French entrepreneurs “dive” into Boston’s ecosystem !

From September 18 to 24, five promising French startups, laureates of the 2011 National competition NETVA (New-England Technology Venture Accelerator), came to Boston to participate in a unique and customized coaching and business development program prepared by our office.

The ultimate objective of NETVA is to connect these innovative companies withBoston based corporate and academia partners, and facilitate the development of innovative French startups in theU.S.

Selected nation-wide by a Franco-American committee, the five laureates of the 2011NETVA edition have been granted an intensive accelerator week in Boston from September 18 to 24, during which they received customized coaching from local U.S. entrepreneurs and experts of early stage international development.

Moreover, they have been matched with a personal U.S.mentor as well as with some prominent technology and entrepreneurial leaders in the Bostonarea. During July of this year, both the laureates (5) and candidate startups (28) were offered a three-day long preparation workshop at the invitation of the Microsoft Inc. headquarters inParis.

During the week, the laureates met more than 250 new connections in the Boston area, and each of the laureate had 15 one-on-one meeting scheduled with potential partners, investors and advisors !

NETVA partners with a large range of Boston institutions, including “MassChallenge”,the French-American Chamber of Commerce (FACCNE), the French Foreign Trade Advisors (CCEF), MLSC and MOITI.

The highlight of the 2011 NETVA edition was a panel discussion, held at “MassChallenge” premises in South Boston. Entitled Traditional and Alternative Startup Funding, a Transatlantic Perspective. The event attracted more than 100 experts of the area !

The 5 startups selected this year are

  • Blue Industry & Science (develops and sells laser-based systems dedicated to measuring and monitoring Indoor Air Quality)
  • Synthelis (production and characterization of membrane proteins)
  • SûretéGlobale Org (develops real-time geographic-predictions software,  to prevent and manage territorial risks)
  • BF Systemes (technology for underwater and real-time automated microbubbles monitoring)
  • GMP Orphans (develops drugs addressing orphan diseases)

3 of them are already envisionning to set up a subsidiary in the area !

NETVA will come back next year, fostering new relationships for promising French Startups !

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NETVA has 33 applicants

NETVA, the New England Technology Accelerator Venture, now has 33 French University Spin-Offs Eager to Explore Opportunities in the US! For its first edition, NETVA has received a strong interest from the French high Tech start-ups.  The national call for projects supported by Retis, the Network for Innovation and Entrepreneurship, brought up 33 innovative projects: 19 in IT, 9 in Life Sciences and 5 in CleanTech. The first selection committee will be held on April 14 at the Ministry of Foreign Affairs in Paris. and the second one will be held in May in Boston.  If you are a US-based entrepreneur or a high-level business / technology professional and would like to be part of the NETVA mentors community, please get in touch with Yann Le Beux