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Why entrepreneurs are selecting Lille for European enterprise


Lille is now not flying below the enterprise radar as only a nice vacationer city. Due to a wealth of tech, export and industrial enterprise, town of Lille is rising because the recent face of European startups.

Slap-bang within the fortuitous location of Northern France that has quick rail and highway hyperlinks to the 5 European capitals cities of Amsterdam, Brussels, London, Cologne and Paris, Lille can also be blessed with France’s third busiest port – excellent for export corporations that must get their merchandise all over the world.

The town is now ranked primary in Europe for textiles, e-commerce, R&D and tech startups (with over 20,000 digital tech staff working within the area); and is ranked primary in France for meals exports, biotech and vitamin, automobile exports and automobile manufacture.

In addition to export corporations, there are over 97,000 SMEs in Lille and due to the big quantity of workplace and warehouse area and worldwide hyperlinks, Lille is residence to 47% of the area’s international entrepreneurs, as increasingly more worldwide corporations select to base their headquarters within the metropolis. Since Brexit, Lille has turn out to be a go-to place for UK entrepreneurs who’ve struggled with the brand new UK and EU customs guidelines. Being near the south of England, Lille has supplied a handy and low-cost place to arrange their import/export companies to allow them to preserve buying and selling with Europe.

The textile and vogue trade additionally has sturdy roots within the metropolis and the manufacture and design of textiles (in addition to the recycling of supplies to make eco and inexperienced textiles) have introduced large funding into Lille. Over 20% of all textile purchases nationally come from Lille, and there are over 40 globally famend clothes retailers and 80 vogue manufacturers which have their HQ within the metropolis.

Associated article: The best way to begin a enterprise in France in 8 steps

A brand new drive by town’s leaders referred to as ‘Hi there Lille‘ has been launched to welcome international entrepreneurs to assist them make their European enterprise concepts a actuality. The banking system in Lille can also be extraordinarily open to international funding and welcomes abroad enterprise which have sturdy market potential inside the metropolis.

As soon as right here, the big extremely expert labour drive and powerful schooling and coaching centres within the area imply international entrepreneurs have the choose of the crop in relation to recruiting younger and modern staff. There are 210,000 college students that go to the 9 universities,10 analysis centres and over 20 engineering faculties within the space, which go on to provide 10% of French engineers. There are additionally centres of excellence for varied enterprise areas, equivalent to:

  • WENOV: a 23,000m² campus devoted to coaching college students and professionals in digital applied sciences.
  • Eurasanté – a Bio Enterprise Park and one among Europe’s largest Biotech and Medtech hubs.
  • CETI – the European Centre for Revolutionary Textiles is without doubt one of the high 5 on the planet and works with main vogue manufacturers to design, experiment and industrialise merchandise and supplies to speed up innovation within the textile trade.
  • Regional College Hospital Heart – the most important in Europe with eight hospitals, 5 coaching campuses and greater than 16,000 staff.
  • FALC – an incubator for monetary, insurance coverage, authorized and cyber safety startups.

When it comes to high quality of life, Lille has so much going for it. In keeping with a 2020 report, it’s ranked as one of many least expensive locations to reside for actual property out of 20 European cities. Coupled with its stunning structure, meals markets, luxurious purchasing streets, cosy cafes and eating places that serve the most effective French meals (and less expensive than in Paris!) and its pleasant environment, Lille is ready to accommodate each the previous conventional French model with a brand new fashionable startup vibe.

And for international entrepreneurs with households or for those who want some nature of their lives, there are 80,000 hectors of pure parks 442 km of mountaineering trails, 7 lakes and is simply slightly over an hour’s drive away from the seaside. For tradition, you might be spoiled for selection together with 20 museums, 80 film cinemas and 15 theatre and live performance venues.

So whether or not you might have a tech startup and wish to make the most of town’s modern strategy, an exporter who desires to discover a sturdy base from which to ship out merchandise or anybody concerned within the textile, monetary, well being, meals or automobile trade – there’s just about one thing for each entrepreneur within the new-look metropolis of Lille.

For extra data on easy methods to open an organization in Lille together with a registered enterprise tackle, workplace area or a digital workplace, a enterprise checking account, visa and accountant recommendation, please obtain our free information under and both name our staff on 0033 (0)1 53 57 49 10 or e-mail us from our contact web page and we’ll be pleased to assist.

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