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Artprice obtains innovative company investment status

2015/11/19

ArtMarket.com

Artprice obtains innovative company investment status

As of Thursday 12 November 2015, Artprice, world leader in Art Market Information and a Standardised Marketplace, has obtained the BPI investment label “Innovative company”.

This prized label will make Artprice accessible to Innovation Funds (FCPIs in France) for a 3-year renewable period. Apart from their potential return, these funds enjoy attractive tax investor advantages.

By virtue of Article 26 of the French Law on Economic Modernisation, this label also gives innovative SMEs access to public procurement markets in the domains of high-tech, R&D and technological studies.

The BPI’s Innovative Company status is a highly selective State label with strict admission criteria.
France’s State-run Public Investment Bank (BPI) was set up to accelerate the development of innovative companies.

The label is awarded only after a detailed examination of candidate companies which must prove they have created products, processes or techniques that have undisputed…

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