Normandie Participations

Normandie Participations is a regional co-investment fund established by the Normandy Region in France, with its operations managed by NCI Gestion. Launched in 2017, the fund's primary objective is to bolster the economic development of companies situated within the Normandy region. It achieves this by providing equity financing, always partnering alongside private investors such as business angels, other investment funds, or family offices. This co-investment model ensures that Normandie Participations acts as a catalyst, leveraging private capital to support local businesses.

The fund maintains a broad investment mandate, considering companies across all sectors of activity. Its flexibility extends to various stages of a company's lifecycle, including seed funding for nascent startups, support for new business creation, capital for growth and development phases, and even financing for business transmission or buyouts. This wide scope allows Normandie Participations to address a diverse range of funding needs within the regional entrepreneurial ecosystem, from innovative tech ventures to traditional industries looking to expand or transition ownership.

Normandie Participations is endowed with a substantial fund size of 25 million euros, demonstrating a significant commitment from the Normandy Region to its local economy. The fund typically deploys first cheques ranging from 100,000 euros to 1.5 million euros. Converting these figures to US dollars, this translates to approximately $108,000 to $1,620,000, based on recent exchange rates. As of the end of 2022, Normandie Participations had already made a considerable impact, having invested a total of 20 million euros across 60 different companies. This active deployment underscores its role as a vital financial partner for businesses in Normandy, fostering innovation, job creation, and economic resilience across the region.