EPIC BPI-Groupe (BPI is the acronym of ''Banque Publique d'Investissement'') is a French government agency, previously known as EPIC OSEO. In 2013, the French government reorganized their sovereign funds. OSEO's subsidiary,

OSEO S.A. EPIC BPI-Groupe (BPI is the acronym of ''Banque Publique d'Investissement'') is a French government agency, previously known as EPIC OSEO. In 2013, the French government reorganized their sovereign funds. OSEO's subsidiary, OSEO S.A., was merged ...

, was merged with

Fonds stratégique d'investissement ''Banque publique d'investissement'' (literally ''renchPublic Investment Bank'', also known as Bpifrance, BPI Groupe S.A.) is a French public investment bank. It is a joint venture of two public entities: the Caisse des dépôts et consignation ...

and Caisse des dépôts et consignations's CDC Entreprises to form Banque Publique d'Investissement S.A. (BPI, or Bpifrance).

History

EPIC OSEO was formed in 2005 by the merger of Agence nationale de valorisation de la recherche, the BDPME ( Banque du Développement des PME) and BDPME's subsidiary Sofaris ( Société française de garantie des financements des PME). In 2008,

Agence de l'innovation industrielle The Agence de l'innovation industrielle was a French governmental agency created in 2005 to support technological projects. As of 2006, it was supporting seven projects: * BioHub, a chemistry projects to create products with cereals, without usin ...

was absorbed. In 2010 the subsidiaries of OSEO, OSEO Innovation, OSEO Financement and OSEO Garantie were merged to form

In 2012–13 OSEO S.A. was merged with

and Caisse des dépôts et consignations's CDC Entreprises to form Banque Publique d'Investissement S.A. (BPI or Bpifrance). At the same time EPIC OESO was renamed to EPIC BPI-Groupe (literally ''Public entity for Industrial and Commercial, Public Investment Bank Group'')

References

{{authority control Organizations established in 2005 2005 establishments in France Government agencies of France