France 2030: €54 Billion to Reinvent the French Economy
Launched on 12 October 2021 by President Emmanuel Macron at the Élysée Palace, France 2030 is a €54 billion national investment plan — the most ambitious French industrial strategy since the Commissariat au Plan of the post-war era. It aims to position France as a leader in reindustrialization, ecological transition, and technological sovereignty by the end of the decade. As of early 2026, €38 billion has been deployed across 7,457 projects, mobilizing 196,824 direct jobs and generating 6,103 patents. The program is administered by the Secrétariat Général pour l'Investissement (SGPI) under the Prime Minister's authority.
The 10 Strategic Objectives
France 2030 is structured around 10 objectives that define where France intends to lead by 2030. Each objective channels billions into research, industrial scale-up, and workforce development:
| # | Objective | Budget | Key Target |
|---|---|---|---|
| 1 | Small Modular Nuclear Reactors | €1B | Build innovative SMRs by 2030 |
| 2 | Green Hydrogen Leader | €2.3B | Produce 2 electrolyzers by 2030; 6.5 GW capacity |
| 3 | Decarbonize Industry | €5.6B | Cut industrial emissions 35% vs 2015 |
| 4 | 2 Million Electric Vehicles | €2.5B | Produce 2M EVs annually by 2030 |
| 5 | Low-Carbon Aircraft | €1.2B | First low-carbon regional aircraft by 2030 |
| 6 | Healthy, Sustainable Food | €2.3B | 3rd agricultural revolution: robotics, biocontrol, genetics |
| 7 | 20 Biomedicines | €3B | Produce 20+ biotherapies/biomedicals made in France |
| 8 | Cultural & Creative Industries | €1B | Invest in studios, IP, immersive content |
| 9 | Deep Sea & Space | €1.5B | Fund deep-sea exploration and space ventures |
| 10 | Invest in Talent & Training | €2.5B | Train the workforce for emerging industries |
The remaining budget is allocated to cross-cutting priorities including semiconductors, AI, and quantum computing (€9.5B), battery gigafactories and nuclear (€8B+), and health innovation infrastructure.
Scale and Impact: The Numbers
According to the official France 2030 dashboard, the program has achieved the following as of Q4 2025:
| Metric | Value | Context |
|---|---|---|
| Total budget | €54 billion | Largest EU national innovation plan |
| Deployed capital | €38B+ | 70%+ deployment rate in 4 years |
| Projects funded | 7,457 | Across all 13 French regions |
| Jobs mobilized | 196,824 | Direct employment in funded projects |
| Sustained jobs | 156,000+ | Long-term positions created |
| Patents filed | 6,103 | IP generated by funded projects |
| SMEs/startups funded | 4,000+ | 55% of beneficiaries are SMEs |
| Industrial sites | 1,800+ | New or expanded manufacturing facilities |
The Institutional Architecture
France 2030 operates through a multi-layered institutional framework. The SGPI (reporting to the Prime Minister) defines strategy. Execution is delegated to four operators:
Bpifrance — France's public investment bank, manages startup grants, innovation loans, and equity investments. It administers roughly 60% of France 2030 funds flowing to the private sector. See our Bpifrance deep dive.
ADEME — the ecological transition agency, manages funds for energy, circular economy, and decarbonization projects.
ANR (Agence Nationale de la Recherche) — manages academic and fundamental research funding.
Caisse des Dépôts — manages long-term investment vehicles and territorial development programs.
International Context: How France Compares
France 2030 sits within a global wave of industrial policy. Compared to peer programs:
| Program | Country | Budget | Focus |
|---|---|---|---|
| France 2030 | France | €54B | Reindustrialization, green transition, AI, health |
| CHIPS Act | USA | $280B | Semiconductors, R&D, manufacturing |
| Inflation Reduction Act | USA | $369B | Clean energy, EVs, climate |
| NextGenerationEU | EU | €806B | Recovery, digital, green (France receives €40B) |
| High-Tech Strategy 2025 | Germany | €15B | Innovation, deep tech |
What distinguishes France 2030 is its execution speed — 70%+ of funds deployed in under 4 years — and its sectoral breadth, covering everything from nuclear reactors to biomedicines to cultural content. The program has been praised by the OECD and the IMF as a model for mission-oriented innovation policy.
Choose France: The FDI Engine
France 2030 works in tandem with the Choose France summits at Versailles. In January 2025, the 8th edition secured a record €40.8 billion across 53 projects, including €20.8B for AI infrastructure — reflecting the program's pull on global capital. Since 2018, Choose France has generated €87.7 billion in commitments and 163,000+ jobs. France has been Europe's #1 FDI destination for 6 consecutive years according to EY's Attractiveness Survey.
What Comes Next: 2026–2030
The program enters its second phase with a focus on scaling funded projects to industrial production. Key milestones ahead include: first EPR2 reactor construction at Penly (EDF), Verkor's battery gigafactory reaching full capacity in Dunkirk, the Mistral AI sovereign compute buildout with 18,000 NVIDIA Blackwell GPUs, and France's bid to host the world's first exascale supercomputer via the EuroHPC initiative. For investors, the opportunity window is the next 24–36 months, as many France 2030–funded companies transition from R&D to revenue. See our investment strategy guide and tax incentives overview.