The metropolises of Lyon and Saint-Étienne want to develop the industry thanks to a fund of nearly 100 million euros |

The metropolises of Lyon and Saint-Étienne jointly announced, this Monday, May 17, their desire to develop a fund of 80 to 100 million euros in order to help companies move on to industrialization. Ultimately, it could benefit a hundred companies.

Lyon and Saint-Étienne working hand in hand to reinvent and develop the industrial sector in their territories, this is the vision presented this Monday, May 17 by Bruno Bernard, the president of the Métropole de Lyon, and Gaël Perdriau, the mayor of Saint-Étienne and president of Saint-Étienne Métropole. To carry out this project, the two communities want to set up an industrial start-up fund in order to help young local companies to pass the course of industrialization, while being ” less polluting and more sober ». « This territorial alliance, obvious and essential, will create favorable conditions for the emergence of future industrial leaders. », Welcomes Gaël Perdriau.

Subsidize 80 to 100 businesses

Estimated between 80 and 100 million euros, this fund will help subsidize the pre-industrialization of 80 to 100 companies wishing to ” take their part and [de] meet our common challenges [que sont] energy sobriety, integration into employment for the greatest number, autonomy and the well-being of our territories », Explains Bruno Bernard.

“This territorial alliance, obvious and essential, will create favorable conditions for the emergence of future industrial leaders.”

Gaël Perdriau, Mayor of Saint-Étienne and President of Saint-Étienne Métropole

Respect social and environmental criteria

To benefit from the aid, they must be established in the metropolitan areas of Lyon and Saint-Étienne and meet a certain number of criteria ” socio-economic impacts ”, Such as the link made with local employment channels or the steps taken to promote the integration of people seeking employment. However, the conditioning of this subsidy should not stop there, since companies will also have to meet environmental criteria, namely the level of waste that they treat and recover, the share of renewable energies that they create and use. , the circular economy, etc.

Select companies by the end of the year

Designed over a period of 12 to 14 years, this project should make it possible to develop businesses in the territories of the two metropolises, but also to attract new ones. For the moment, the Métropole de Lyon has announced that it will contribute 17 million euros, the Métropole de Saint-Étienne is expected to provide 5 million euros and the Banque des Territoires (Caisse des Dépôts) 7 million. The rest of the sum is currently being sought and half should come from ” private investors who will soon join the round table ».

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The two communities hope to secure all the funds by the end of September 2021, in order to be able to start selecting the first industrial companies during the last quarter of the year.

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