The banking jobs: Transformation project consultant
Amid rapid changes in markets, sectors and new technologies, the development of BNP Paribas'...
You have an amazing idea. Your team is strong. Your business plan is competitive. There’s just one hitch: you don’t have the resources you need to get it off the ground. Fortunately, Business Angels are there just for that purpose. And when banks team up with angels, they can give your project wings in no time.
BNP Paribas supports entrepreneurship in every form and works together with Business Angels on their mission to support and nurture startups.
Among Business Angels, co-investment is a common and often necessary practice for financing a company’s first steps. In 2016, BNP Paribas invested 11.5 million euros both directly and indirectly into innovative startups.
In France, BNP Paribas has become a privileged partner of the country’s first network: France Angels (see focus). The bank is also committed to expanding female entrepreneurship in Europe through Women in Investment Day, the first forum on female entrepreneurship.
To expand its role as the "first bank for startups” (according to BPI), BNP Paribas has united all of its services for young businesses under the banner of WAI (We Are Innovation). This brand focuses on aiding startups at every step of their development, including:
Conclusion: in the bustling world of startups, Business Angels and banks represent two sides of the same coin in terms of detecting and accompanying tomorrow’s most innovative companies.
France Angels comprises 72 networks and 10,000 Business Angels all across France. Since its creation in 2001, it has invested nearly 500 million euros in over 2,500 companies. A founding member of Business Angels Europe (BAE) and WBAE (World Business Angels), the network maintains an international vision of entrepreneurship.
In 2014, BNP Paribas and France Angels decided to band together by signing a national partnership to solidify their common vision and complementary roles in accompanying young entrepreneurs.
By partnering with France Angels, BNP Paribas places its banking expertise and experience at the service of the innovative startups selected and supported by the Business Angel networks.