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Mayor of London announces Paris-London Business Welcome programme

paris london business welcome
A new Paris-London partnership announced a day ahead of triggering Article 50

Just one day before the triggering of Article 50, Mayor of London Sadiq Khan, and the Mayor of Paris, Anne Hidalgo, have announced a new agreement between Paris and London, aimed at supporting start ups.

The Paris-London Business Welcome programme will aid growing companies to jointly domicile in the two cities, with help to set up including accessing co-working space, local tech ecosystems and discounts on accommodation. Eurostar have committed to providing preferential rates on their services to entrepreneurs.

The programme will also jointly showcase the two cities to overseas investors.

The announcement comes just over seven months after Khan’s deputy mayor for business Rajesh Agrawal revealed that talks on collaborative deals between the two capitals were underway.

JOINING FORCES

Announcing the deal today alongside Paris mayor Anne Hidalgo, Khan said: “London and Paris are two of the greatest cities in the world and we have so much to gain from joining forces.

“Never underestimate the incredible benefits to be found when major cities do business together. Our great friends in Paris and across the continent are well aware that working closely together remains to our mutual benefit.”

The Mayor of Paris, Anne Hidalgo, said: “Paris and London share common values and willpower. We want to be attractive to companies all over the world. Since the election of Sadiq, our two cities have been working better together. We are developing new exchanges and new projects. All these initiatives will create employment, activity and economic growth. It is a very positive dynamic that the Brexit will not change.”

The announcement was made as  part of Khan’s visit to Paris and Brussels, with the London mayor meeting European parliament president Antonio Tajani and European commission president Jean Claude-Juncker today.

As part of the Mayor’s International Business Programme, Sadiq was accompanied on the Paris visit by a trade delegation of 15 fast growing London companies. The companies had the opportunity to showcase their innovations, meet with top investors and explore export opportunities in Paris.

 

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