France Revamps Startup Criteria to Boost AI & Quantum Innovations

The French Tech Next40/120 program introduced a significant shift in how it selects participating startups for its 2026 cohort. This is the first time the selection criteria have expanded beyond purely economic metrics to include technological contributions and societal impacts. Technology-related R&D elements, such as patent filings and public support systems, are now considered in the evaluation process. This marks a departure from previous years, reflecting France's strategic shift toward reinforcing its digital sovereignty. With 34 new entrants, 40% of which are deeptech firms, there's an increased emphasis on AI and quantum computing—the largest sector focus shift since the program's launch in 2018.

This change enhances the standing of sectors like AI and quantum within France's tech ecosystem, providing a strategic boost to firms like Mistral AI and Quobly. The focus on R&D as a metric elevates the importance of innovation capabilities over mere financial performance, shifting power dynamics favorably toward deeptech innovators with strong R&D credentials. Meanwhile, firms previously focused only on financial growth might lose leverage in securing government support unless they incorporate these new criteria.

Expect policy initiatives supporting digital sovereignty to expand further, with likely increased funding for deeptech projects aligned with national interests. Key stakeholders such as governmental bodies and R&D institutions will likely play a pivotal role in fostering developments in AI and quantum technologies. By 2027, additional supportive measures or funding rounds specifically targeting these sectors may be announced, influencing regional tech ecosystems.

The emphasis on AI and quantum technology could impact the European tech supply chain, potentially leading to increased partnerships or investments in these areas. The alignment with ecological and societal transitions may also foster cross-sector collaborations, particularly in fields like green energy and healthtech, as they integrate AI solutions to address broader societal issues.