"0.5M€ in January 2012 from french public investors" how did you do that? (4-5 months after incorporation)
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Very good question!
The process has been initiated way before (a year before actually). It took 4 months to get the money because the business plan and everything has been made for the company launch.
Think of:
1. 2010: the project initiated with the preparation of the business plan with public funding in mind;
2. september 2011: the company launched because the funding project has been audited and validated, which means 99% chances for the funding to be approved;
3. january 2012: the money has been unlocked.
Does it make sense?
i think public investors means the government in this context.
that's what i've assumed