Cédric O: “Bpifrance will be on the front line to help companies in difficulty because of the coronavirus”

by bold-lichterman

How is the health crisis surrounding the coronavirus impacting the FrenchTech ecosystem? Cédric O, Secretary of State in charge of digital, talks to our microphone about the economic impact of the epidemic on businesses. ” There are certain sectors such as tourism and events which are very affected with drops in turnover of up to 60% ”, he says.

Measures with regard to SMEs have been announced to support them in this difficult period, such as the postponement of social and fiscal deadlines, but start-ups having sometimes different mechanisms, an adaptation of these measures is necessary.

Bpifrance’s role is also key in supporting start-ups in distress. ” In the event of difficulties related to the coronavirus, companies can turn to Bpifrance “, claims Cédric O, Secretary of State in charge of digital.

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