Paris will soon get the world’s largest incubator with Station F, a 34,000 square-metre facility bankrolled by Xavier Niel, who shook up the French Internet and mobile market with his low-cost Free service. Photo: AFPParis: Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers? With over three dozen start-up incubators, including the continent’s largest, and soon the world’s largest, Paris is vying with London to become Europe’s innovation capital. “There isn’t just Silicon Valley to help start-ups emerge, Paris is today in the top three worldwide,” said Loic Dosseur, co-director of Paris and Co, the city’s economic development and innovation agency . The EY consultancy found that France squeaked by Britain for the number of start-up financing operations in the first half of this year.

Source: Mint October 23, 2016 12:22 UTC