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Richard de Cabrol is the General Director of Grand Prix ACF AutoTech, a new French-based accelerator that helps select companies grow, promoting efficiency and sustainability. Each year they hold a contest to choose the top automotive startup that will be nurtured by the accelerator. Based in Paris, France, they leverage the expertise of local companies, including Renault, Forvia, Plastic Omnium, Crédit Agricole, FIDAL, and MOTUL. These companies are part of the mentorship and growth of promising young companies. Grand Prix ACF AutoTech winners receive 35,000€ in prize money, investment assessment, business coaching, potential POCs with French partners, legal support, and tremendous networking connections through corporate affiliates.
SHOW SPONSORS
CAPitalize Your Finances Online Course • Linkage Magazine • Techforce Foundation • RPM Foundation • Cars Yeah TV
INSPIRATION
Richard, together with the Founders, created Grand Prix AXF AutoTech. In his heart, this is his baby. He is fascinated by the innovative world and inspired by the companies that have come to fruition.
CHALLENGES
The biggest challenge for startups is funding.
SPECIAL AUTOMOBILE
A 1925 Bugatti Type 35B
BOOK RECOMMENDATIONS
If you enjoyed this show, please go to Apple Podcast and leave me a five-star review. That would help tremendously in getting the word out and help others to be inspired by Cars Yeah. * indicates a past Cars Yeah guest.