Since its creation in 2012 at the beginning of the Holland presidency, the Banque Publique d’Investissement (BPI) has become a key player in the entrepreneurial world. A major stakeholder for startups and other SMEs, a major financier of various innovation projects across the country, the organization is a key cog in the current economic system. Fourteen years after its debut, BPI has amassed both accounting successes and significant failures, with investments ranging from fortunate to disappointing and economic doctrines varying in flexibility. To better understand this actor, Soft Power receives Nicolas Dufourcq, director of the institution since its inception and author of “La Dette Sociale de la France” (Odile Jacob, 2025).
Context: This article discusses the role and impact of the Banque Publique d’Investissement (BPI) in the French entrepreneurial landscape.
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