THE café is organic, the décor industrial loft-style and the furniture artfully mismatched. This is NUMA, a digital hub in Paris, where facial hair is abundant and ties are non-existent. Perhaps it is insouciance, ignorance or quiet concentration, but when a government minister turns up, nobody notices. A new generation is trying to reinvent how Paris behaves and looks.
It may not be Berlin or London, but something is taking place in the capital’s fringes and deserted industrial spaces. A city with more beauty and heritage than most, Paris is trying to shrug off its staid image. Scarcely a week goes by without an event devoted to start-ups in a converted dock or warehouse in an unfashionable area. On Paris’s eastern edge, Xavier Niel, an entrepreneur who heads a €12 billion ($13.5 billion) communications group, is building a start-up incubator with floor space equivalent to four football pitches. In the first quarter of 2015 a Paris venture-capital firm was joint-top investor in European technology start-ups, with two German companies, according to CB Insights, an American research group.
“There has been a transformation of mentalities in France,” says Mr Niel, who urges young people to take risks, think big and break conventions. “Entrepreneurship is a state of mind” reads a banner at NUMA, also home to Google’s Paris campus. The outlook is anti-...
from The Economist: Europe http://ift.tt/1Ix4ROG
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