In France, the R&D and innovation sector is dynamic, with leading companies investing heavily in research and development. Collaborative efforts between the private and public sector support innovation initiatives, with a particular focus on key areas such as energy transition, health, ICT and creative industries. Tax incentives and subsidies encourage businesses, fostering global competitiveness and the creation of skilled jobs. In 2019, R&D accounted for 2.2% of French GDP in companies (€35.2 billion) and administrations (€18.2 billion). R&D involves around 460 000 full-time people in France.
Other Sectors
Public Services & Amenities
Public services in France, such as politics, education, transport, and social security, are cornerstones of the daily life of citizens, largely supported by public funds. They play a crucial role in promoting social cohesion and contribute significantly to the quality of life of the population. These services account for a significant share of public spending, reflecting their critical importance in maintaining economic stability and the well-being of French citizens. General government is the largest expenditure item in France. In 2022, total government expenditure amounted to €1 536.1 billion or 58.21% of GDP.
Aurys is committed to supporting the public service sector by offering services with the aim of rebalancing expenditure items and developing their activities that are beneficial to the good development of our society.
Others
In France, associations play a vital role in various fields such as culture, education, social assistance, the environment and other social causes. They are a key component of civil society and contribute significantly to the social and economic development of the country. In France, there are between 1.4 and 1.5 million active associations employing 12.5 million volunteers, and between July 2021 and June 2022, 66,500 associations were created.
Meanwhile, the start-up landscape in France has grown significantly in recent years, particularly in areas such as technology, life sciences, fintech, clean energy and other emerging sectors. Hubs of innovation and entrepreneurship have multiplied in cities like Paris, Lyon, Toulouse and others, providing financial support, infrastructure and an ecosystem conducive to the growth of start-ups.
Today, start-ups contribute to job creation, technological innovation and the competitiveness of the French economy on the world stage. According to Le Figaro, France has 1 million startups and employs more than 1.5 million people in 2021, including French Tech, which generated around €8.3 billion in revenue in 2021. France has 26 unicorns, startups valued at more than €1 billion, as of January 2023
R&D/Innovation
Financial Management of Research and Development Projects
Aurys offers financial management services tailored to R&D projects, helping to manage allocated budgets, monitor research expenditure, and ensure an efficient use of R&D funds.
Audit of R&D Grants and Financing
We carry out financial audits for grants and R&D funding, ensuring that the funds allocated are used in accordance with the conditions established by funding bodies.
Financial Planning for Growth and Expansion
We provide strategic financial planning to support the growth and expansion of R&D activities, by identifying financing opportunities, assessing financial risks, and developing tailored financing strategies.
Public Services & Amenities
Accounting, Financial and Compliance Management for Public Services
We offer accounting management services tailored to the specificities of public services and amenities, considering public funding, allocated budgets, and sector-specific regulations. We also ensure that industry stakeholders comply with regulatory and legal standards by providing compliance advisory services and conducting regular audits. This integrated approach ensures transparent and compliant financial management, while ensuring compliance with regulatory and legal standards.
Evaluation of Public Infrastructure Projects
We use our financial assessment expertise to analyze the viability of public infrastructure projects, considering construction costs, projected cash flows, economic impacts and impacts that revolve around CSR.
Human Resources and Payroll Management
We offer human resources management services tailored to the specific needs of the sector, considering public contracts, specific salary scales, and public pension plans.
Others (Associations, Startup...)
Financial Auditing and Finance Consulting and Startup Fundraising
Aurys expertise enables us to carry out financial audits for investors and potential partners, ensuring financial transparency and strengthening stakeholders’ confidence in the startup’s financial performance. We also provide strategic advice to help startups raise capital, secure financing, and effectively manage their cash flow to support their growth and expansion. This integrated approach ensures transparent and efficient financial management while offering specialized advice to attract the investments needed for the growth of your startup.
Cash Management and Budget Planning Consulting
Aurys provides cash management advice to optimize the use of available funds, developing agile budget plans to ensure sustained financial growth and effective cash management
Human Resources and Flexible Pay Management
We offer human resources management services tailored to the agile structure of start-ups and associations, offering flexible payroll solutions, attractive benefits, and innovative recruitment policies to attract and retain top talent in your exceptional structures.