+ 43% in turnover between 2012 and 2013. French digital startups are enjoying remarkable momentum, according to the 3rd annual barometer of the economic performance of digital startups in France financed by venture capital, published this Wednesday by the audit and consulting firm EY and the group of investors Digital France.
The 116 startups surveyed generated 2.279 billion euros in revenue in 2013, when they had only achieved 1.598 billion the previous year. Export sales are stepping up, with 39% of revenue earned abroad in 2013 against 28% in 2012. A dynamic that has a positive impact on the level of hiring: these startups have 22% of employees in more compared to a year ago. They created 1,376 jobs over this period, 91% of which were on permanent contracts. Between 2011 and 2012, the workforce had already increased by 25% and revenues by 40%, revealed the previous edition of this barometer.
3/4 of digital startups use the CICE
The barometer also delivers a robot portrait of the French entrepreneur in this sector: he is a 42-year-old man (94%) with a minimum of a master’s degree (92%). there are still only 6% of female entrepreneurs …
To motivate their employees, 90% of startups use capital incentives, 60% of which are via subscription warrants for Company Creator Shares (BSPCE). Finally, 75% used the CICE (Competitiveness and Employment Tax Credit) but only 17% used the Innovation Tax Credit; two tax credits launched in 2013.
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