Team Up with Us

For a Smooth Set-Up www.investincotedazur.com T eam Côte d’Azur assists you in: • Connecting to the business ecosystem • Finding the best site for your business CÔTE D’AZUR: • Recruiting your teams • Accessing public incentives the world capital of • Channeling your communication aroma, fragrance & cosmetics

www.investincotedazur.com

Grasse, Cannes, Nice, Eco-Vallée, Sophia Antipolis

Contact: Patricia Lay, Head of Life Sciences & Cosmetics Projects [email protected]

Team Côte d’Azur, 400, Promenade des Anglais, BP 3185, 06204 Nice Cedex 3 Tel: +33 4 92 17 51 51 - [email protected]

A joint initiative NVI Conseil september 2015 © Photos : NVI; Shutterstock, Freepik et © Inria / Photo Kaksonen CC Iconfinder Freepik Shutterstock, NVI; NVI Conseil september 2015 © Photos : welcome TO THE WORLD CAPITAL OF AROMA, + FRAGRANCES & COSMETICS

Over the past 4 decades, the Côte d’Azur has become a world renowned hub for high tech industries. This eco- nomic development is due to a strong regional policy and optimal life style and working conditions. VAR NICE

ÉCO-VALLÉE MENTON

MONACO

GRASSE NICE

3 principal bodies driving the cosmetics, SOPHIA ANTIPOLIS flavors and fragrances sector: ANTIBES Natural flavors & fragrances • The flavor & fragrance industry CANNES • Environment & Agrosciences Be a part of A tradition THAT DAtes BACK Access Premium Office Space at an affordable price + TO the 16th century + FRAGRANCE INDUSTRY For over 300 years, Grasse, France, has been known as the GRASSE HIGH-TECH 55% OF FRENCH perfume capital of the world. Tracing its origins to the PERFUMERY HUB ACHIEVES AROMATIC PRODUCTION 16th century, when perfumes were used to mask the smell of leather present in gloves, purses and other household items. The 70% EXPORTS 8% OF WORLDWIDE Côte d’Azur region boasted sweet-smelling plants Jasmine and TURNOVER May Roses. Other fruits and plants were soon being imported GENERATED IN GRASSE. and cultivated in the region. 70 companies 730 million € in turnover 3,800 direct jobs and nearly 13,000 indirect jobs By the 19th century there were more than 60 companies in Grasse dedicated to perfume production, from growing the Cosmetics plants, to the production of the actual perfumes. Medicinal By 1940 five thousand tons of flowers and plants were being industry and (PACA) aromatic harvested annually. Grasse is home to several leaders in the 200 companies perfume industry such as Robertet and Fragonard. plants 55% of national sector cosmetics and (PACA and southern perfumes production Haute Provence region) Over 500 jobs 70 companies, 800 jobs + Benefit FROM A powerful & DEDICATED ECOSYSTEM The aim of the PASS Cluster is to develop the international competi- The flavour and fragrance industry isbuilt on a solid founda- tiveness of the sectors of fragrances, flavors, cosmetics and tion in Grasse, the world’s perfume capital. agri-aromatic products in the Côte d’Azur. • 155 members companies, laboratories and training bodies, This sector covers activities dedicated to the manufacture of: representing 9,600 employees, Perfumes and cleansers, • • 3 platforms and 84 approved R&D projects worth 130 million € • Maintenance products, soaps, and detergents, including nearly 21 million € of public funding, Dyes and pigments, • • 9 accredited training courses, and the creation of a new food • Organic and inorganic base products, safety training option (Master Polytech), Flavoring and perfumed compositions, • Projects at all innovation stages: incremental innovation, Finished and semi-finished products. • major scientific breakthroughs, fundamental research, training.

Source: PASS Cluster take benefit of training institutions, Interact with global leaders in an area + higher education and public R&D units + that innovate since the 16Th CENTURY

• ERINI, a shared technology platform for analytical chemistry, • The Innovagrasse business incubator, which can accommodate up to 30 entrepreneurs, • The new, 8-hectare Aromagrasse technology park, which accommodates the sector’s businesses. For 15 years, Grasse has invited the decision-makers from the cosmetics and perfume industry to the international pioneering event, Centifolia, • FOQUAL, a Professional Masters Program in fine chemistry, (training, analysis, quality) which complements the region’s specialist university and professional courses (The European University of Flavors and Scents, Sophia AgroBioTech, ASFO Grasse, etc.), • PRODAROM, the national union of aromatic product manufacturers.

+ START-UP SMOOTHLY WITH SOFT-LANDING SOLUTIONS Côte d’Azur offers a great choice of incubators, business centers and accelerators: Today, world leaders in luxury, Chanel, Dior and Louis Vuitton, Innovagrasse #incubator @ Grasse • are all present in Grasse for the production of their perfumes. • Paca Est Incubator #incubator @ Sophia Antipolis @ Nice Chanel has maintained rose and jasmine fields in Grasse for • Initiative Terre d’Azur #facilitator @ Grasse centuries. Dior bought and renovated the Château de la Colle Noire and talks about acquiring its own rose fields to surround • Réseau Entreprendre #facilitator @ Nice the castle. Louis Vuitton is opening with Dior a new center of per- • Aromagrasse #businesscenter @ Grasse fume production “Les Fontaines Parfumées”, in the heart of Grasse, whose laboratory includes two of the top “noses” in the industry. 2M Ireland 0.75M Finance your R&D With UK Access Premium O ffice Space at an affordable price 2.1M + + 0M 0M «The most attractive R&D tax policy in the world»OE CD Côte d’Azur offers premium offices with some of the most Canada competitiveBelgium rentalGermany prices in Europe, 4 times cheaper than Paris. 2.5M 110 FUNDRAISERS SINCE 5M  Ontario 2010 RESULTING IN 222M 2M 25 , 0002M 110 FUNDRAISERS SINCE Austria ICT SPECIALISTS France 25 , 000 Ireland 0.75M Ireland 0.75M 2010 RESULTING IN 222M 1.2M ICT SPECIALISTS 2.1M UK 2,500 R&D UK 0M 2.1M 2,500 R&D 0M POSITIONS0M CREATED 0M POSITIONS CREATED IN 10 YEARS Canada IN 10Canada YEARS Germany Belgium Germany 4.05 BILLION 4.05 BILLION Belgium IN REVENUE IN REVENUE United States COMPANIES & 2.5M 0.9M 2.5M 5M 55% EXPORTS COMPANIES &  5M Ontario 21 , 775 EMPLOYEES 55% EXPORTS Ontario 1,710 Austria + Austria France France 21 , 775 EMPLOYEES 1.2M 1.2M Spain 1,710 United States United States 0.9M 0.9M Spain Spain 338 STARTUPS #1 REASON CREATED FOR GLOBAL LEADERS NET TAX CREDIT PER COMPANYBETWEEN 2012-2014(for € 11.33M R&D) TO LOCATE THEIR R&D NET TAX CREDIT PER COMPANY NET TAX CREDIT PER COMPANY IN SOPHIA ANTIPOLIS: WRITE OFF STARTUPS Very favorable UnfavorableVery favorable Unfavorable EXPERT TEAMS IN 338 Very favorable Unfavorable Source: Business France / a simulation by Taj Firm (Deloite Touche Tohmatsu Limited 2011)Source: Business France / a simulation by Taj Firm (Deloite Touche Tohmatsu Limited 2011) STRATEGIC IT SEGMENTS #1 REASON 30% Source: Business France / a simulation by Taj Firm (Deloite Touche Tohmatsu Limited 2011) E njoy easy foreign interaCREATEDctions FOR GLOBAL LEADERS OF YOUR R&D EXPENSES + UP TO 100M* 2,700 STUDENTS & BETWEEN 2012-2014 TO LOCATE THEIR R&D WITH FRANCE’S With over 5 million IN SOPHIA ANTIPOLIS: RESEARCH TAX CREDIT 800 RESEARCHERS foreign tourists, *AND AN ADDITIONAL 5% FOR IN INFORMATION TECHNOLOGY ALL EXPENSES ABOVE €100M WRITE OFF 100,000 foreign EXPERT TEAMS IN residents, 114 FOREIGN OWNED COMPANIES IT STRATEGIC IT SEGMENTS TAKE ADVANTAGE OF 9,0001138 JOBS foreign 30% CREATED SINCE 2000, INCL.  OF YOUR R&D EXPENSES companies, PUBLIC FUNDING 2,50021 international JOBS IN COLLABORATIVE R&D PROJECTS. UP TO 100M* DEDICATED TO R&D €307M IN PUBLIC SUBSIDIES HAVE BEEN schools, 2,700and dozens STUDENTS & CHANNELED THROUGH THE SCS CLUSTER TO 191 20 INTERNATIONALWITH AWARDS FRANCE’S of international media PROJECTS, ACCOUNTING FOR €1300 M OF R&D EXPENSES. IN THE PAST 5RESEARCH YEARS TAX CREDITEMPLOYING 7 , 363 PEOPLE outlets, 800 RESEARCHERS *AND AN ADDITIONAL 5% FOR Côte d’AzurIN INFORMATION promotes TECHNOLOGY ALL EXPENSES ABOVE €100M a truly multi-cultural environment. 114 FOREIGN OWNED COMPANIES IT TAKE ADVANTAGE OF 9,000 JOBS CREATED SINCE 2000, INCL.  PUBLIC FUNDING 2,500 JOBS IN COLLABORATIVE R&D PROJECTS. DEDICATED TO R&D €307M IN PUBLIC SUBSIDIES HAVE BEEN CHANNELED THROUGH THE SCS CLUSTER TO 191 20 INTERNATIONAL AWARDS PROJECTS, ACCOUNTING FOR €1300 M OF R&D EXPENSES. IN THE PAST 5 YEARS EMPLOYING 7 , 363 PEOPLE + Taake advant ge of A strategic location + ENJOY a unique lifestyle at the center of THE EMEA REGION offering exceptional air access to the entire European and € € € Mediterranean market with complementary skills based around life sciences fli ghts/day: LONDON: 32 Montreal: 3 flights/Week NYC: 2 Amsterdam: 9 Stockholm: 3

STOCKHOLM

COPENHAGEN MOSCOW

DUBLIN LONDON

BRUSSELS PARIS

ZURICH VIENNA 3h 3h 2h 2h 1h ROME MADRID NICE 1h LISBON ATHENS With 300 days of sun a year, 120 km of coastline, 15 ski NICE resorts, and over 6,000 cultural and sport events a year, Côte d’Azur offers your employees and family members much more than a workplace.

“When we wanted to create our company, Feeligreen, we knew that we needed to hire people highly qualified in chemistry and electronics. We also needed to be close to = cutting-edge medical research, and subcontractors working CHOOSE CÔTE D’AZUR: in the fields of electronics, mechanics, plastic production and The place to be for silkscreen printing. These needs led us to the Côte d’Azur.” companies that want it all! Christophe Bianchi CEO Feeligreen