What financial assistance is available for recruiting young professional?

The International Young Talent Program is an attractive formula for any business that wishes to grow abroad, from startups to large groups. In addition to the social security exemptions, you can benefit from different types of financial and tax assistance. Here is an overview.

Regional subsidies

To encourage the international growth of their SMEs, most French regions offer financial support to businesses looking to recruit a young professional.

Check out what assistance your region has to offer

Bpifrance financing

Bpifrance canvassing insurance

The budget for a V.I.E mission can come under this insurance, which covers you against the risk of failure of commercial canvassing within your target region. This insurance gives you access to immediate cash flow support.

International Growth Loan

This loan enables you to finance intangible investments and working capital requirements linked to international development.

“The V.I.E for all” program

Receive €4,500 in financial assistance when you recruit a young professional with an undergraduate degree or from a high-priority neighborhood. The financial assistance is valid for any new assignment lasting at least 12 months from December 1, 2023, and until December 2026. A limit applies of three assignments per firm.

“France 2030” Export V.I.E

Are you a winner of “France 2030” and have you joined the “France 2030” Export program? Cover up to €1,500 per month of V.I.E program costs over 16 months (up to €24,000).

The assistance also includes:

• Support for recruitment: up to 50% of services covered.
• Accommodation: assistance for up to 50% of accommodation costs (up to a maximum of €10,000 on all main services).
• V.I.E coaching: up to 50% covered as part of the “France 2030” export program

Deductibility of allowances

Any compensation paid to the V.I.E in service can be deducted from the business’s income (see Official Tax Bulletin B.O.I. No. 67 of July 13, 2010).