Sidetrade confirms induction to the first cohort of the SME Accelerator programme. Championed by Emmanuel Macron, the French Minister of Economy, Industry and Digital Affairs, this initiative partners with SME business leaders, to grow their companies into intermediate-sized enterprises*. Up to 61% of funding will be provided by the state delivered through Bpifrance.
Oliver Novasque, CEO and Chairman of Sidetrade Group explains:
“We are proud to be among the sixty eight selected intermediate-sized enterprises which play a fundamental role in the economic performance of the country. SME Accelerator dovetails perfectly with our Target25 development strategy”.
From the start of 2013, Sidetrade has pursued a strategic growth offensive with a three to five year horizon. This ambitious plan, called “Target25”, aims to improve the financial performance of businesses – from French regional companies to international groups – through innovative financial customer relationship management (CRM) solutions.
The core strategies of Target25 are:
- Develop from SaaS to “Big Data” or how to unlock business intelligence for companies through the daily management of financial processes.
- Global delivery of services while acting locally.
- Develop a presence in high growth geographies.