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With the latest economic and business news and insights from Grenoble-Isère

09 April 2014

AEPI strengthens ties with San Francisco Bay area high-tech businesses to ramp up transatlantic cooperation.

Grenoble, France and Palo Alto, California – April 3, 2014 – The Grenoble-Isère Economic Development Agency (AEPI), is fostering stronger ties with San Francisco Bay area businesses to ramp up transatlantic cooperation and boost foreign investment in Grenoble-Isère. Recent events include a “Grenoble Tech Hub” dinner on March 10 in Palo Alto and the launch of a new LinkedIn group titled “Friends of Grenoble–North America.”

The Grenoble-Isère Economic Development Agency (AEPI) hosted a “Grenoble Tech Hub” dinner in Palo Alto on March 10 in partnership with Harding Marketing Communications (HMC) and CEA-Leti. Grenoble tech entrepreneurs doing business in Silicon Valley and Silicon Valley tech entrepreneurs with operations in Grenoble-Isère were invited to the event.

The dinner was attended by representatives of US firms ecairn, HMC (co-organizer), Illumina, Maxim Integrated, Movidius, Nvidia and RMKB and Grenoble-Isère-based firms Docea Power, Motwin, Movea and Xyalis, as well as representatives in the US of Schneider Electric, CEA-Leti, EdF, RMBK, Expansion Québec and Invest in France.

The evening provided a valuable opportunity for entrepreneurs from both sides of the Atlantic to network, talk about crucial tech-industry issues such as R&D and tech transfer, and share what has worked for them when it comes to speeding business growth.

“Each attendee came hoping to get something different out of the evening. However, one thing everyone appreciated was the chance to hear about others’ experiences and network with tech-industry peers from across the Atlantic. Our San Francisco Bay Area entrepreneurs came away with a clearer understanding of opportunities for them in Grenoble-Isère—and vice-versa. The seeds for some exciting new business relationships have been planted, it is now up to all of us to build on the momentum,” said Sharon Rehbinder, Director, AEPI North America.

AEPI’s LA-based North American office orchestrated the March 10 dinner, which came as a follow-up to a June 2013 event, “Grenoble, the Smart Move for American Investment: Are They Only Here for the Mountains?”, was sponsored by the European-American Chamber of Commerce, co-hosted by AEPI, and featuring talks by representatives of AEPI, Xerox, HMC, and The Cake Shop. The event, held in Grenoble, welcomed US-based entrepreneurs and business leaders, giving them an opportunity to discover Grenoble-Isère, its economy, and—crucial to foreign investors—its renowned innovation ecosystem.

The US is the leading source of foreign investment in Grenoble-Isère, and 40% of local jobs (vs. 25% for France as a whole) are at foreign-owned firms. Global market leaders like HP, Caterpillar, Becton Dickinson, and Tecumseh Europe have been present in the area for decades, joined by giants like Xerox in the 1990s and Salesforce.com in 2013. The area’s 470 foreign-owned firms represent 30 different countries.

The March 10 dinner was coupled with the launchof a new LinkedIn group, “Friends of Grenoble–North America,” designed to give entrepreneurs in Grenoble and North America a chance to continue their relationships online. AEPI welcomes you to send a request to join!

The AEPI encourages you to join to stay up to date with the latest news at https://www.linkedin.com/groups?home=&gid=6650311&trk=anet_ug_hm

And, for photos of the March 10 dinner, visit http://www.hardingmarketing.fr/sf-bay-area-grenoble-connections/

Read the Press Release