Macron Wants France to Have at least 100 Unicorns by 2030

French President Emmanuel Macron sees growth in the country's tech sector as crucial to his plans to boost the overall economy. Last week, Macron said he is hoping for a huge rise in the number of French tech unicorns or start-ups by 2030.

Macron wants the number of French tech unicorns to reach at least 100 by 2030, compared to 27 at present. "What target am I fixing for us? To try to develop 10 tech giants in Europe, in the coming five years, and to increase the number of our unicorns to at least 100 by 2030, which is feasible," Macron said.

French President also welcomed the fact that Paris has been home to some high-profile tech sector flotations. French cloud computing company OVHCloud entered the stock market in 2021, while French music platform Deezer is also planning a Paris stock market listing.