French Minister of State for the digital economy Axelle Lemaire announced last week a new entrepreneur visa package called the French Tech Ticket. With this package, foreign entrepreneurs could get a work visa, a $14,000-$28,000 grant (€12,500-€25,000) for each team member, free office space in an incubator in Paris as well as an English-speaking administrative advisor.
Announced at La French Touch Conference and limited to 500 applications for now, teams who want to apply need to be co-founders, with at most three co-founders and one French founder who lives abroad. They need to work on a startup, speak English and stay at least six months in France.
Every six months, around 50 people will be awarded this French Tech Ticket — the first batch will start in January 2016. In many ways, the French Tech Ticket is reminiscent of the Start-Up Chile program. In 2010, the Chilean Government started…
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