European Capital of Innovation 2017
Paris was named the winner of the iCapital competition in 2017 for many reasons.
The city has built more than 100,000 square metres of space for start-up incubators over the last decade. It also hosts the world’s largest start-up campus Station F, which has room to house more than 1,000 start-ups. Through the Arc of Innovation, a network of projects spanning the city, Paris is ensuring that its periphery is benefiting economically and socially from innovation.
In addition, the city spends 5 per cent of its budget on projects proposed and implemented by citizens.
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