Business

5 reasons for doing business in Montpellier

Localization 

Montpellier is a central location between Northern Europe, the Middle East and Africa.

  • The fastest population growth in France and twice the rate of national demographic growth by 2020-2030*
  • 43% of the population under 30 years old*

* Source: National Institute for Statistics

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Attractive Estate

Lower company set- up costs, an attractive real estate offering

  • Montpellier, the #1 destination in Europe for its low cost of doing business (KPMG)
  • Montpellier, the #1 destination in Europe for its work environment (European City Entrepreneurship Ranking)
  • Montpellier sits among the most attractive cities in Europe, with company set-up costs that are 5% less than Nantes, 10% less than Lyon, and over 25% less than Paris (source: BNP Paribas Real Estate, Orbert Haff, Michael Pages and Adecco)
  • A consistently growing professional property market (10% per year on average since 2008), in a challenging and competitive nationwide context
  • A complete offering that covers the entire property chain, from incubators to HQE office space, with dedicated business parks, startup incubators (ICT, cleantech, international) and artisan and service villages

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Innovation

A business and scientific community that attracts world leaders

  • Leading location in France in terms of public-sector research intensity (National Institute for Statistics)
  • 5 excellence sectors supported by 7 competitiveness clusters

Health: Eurobiomed competitiveness cluster; Sanofi, Horiba Medical, Bausch&Lomb
Agronomics: Qualiméditerranée competitiveness cluster; Kraft Foods Mondelez
ICT: Optitec competitiveness cluster; IBM, Dell, Ubisoft, Intel, Free, Orange
Environment: Derbi, Trimatec and Risques competitiveness clusters; Schlumberger, EDF Energies Nouvelles, Veolia Energie
Water: global water competitiveness cluster; Egis Eau, Deinove, Groupe EDF Suez

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Highly qualified workforce

  • 60,000 students, including 15% international students, in Montpellier Sud de France Universities
  • 6 engineering schools: Télécoms, Ecole Polytechnique Féminine, Polytech, Ecole des Mines, SupAgro, National School of chemistry and numerous renowed management schools

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Quality of life

Montpellier appeals to 78% of managers and business owners (TNS Sofres institute for statistics)

  • Production of over 5,000 new homes/apartments per year
  • 4 tramway lines now in operation and a fifth in the planning stages (for launch in 2017), providing service to 84% of the local population
  • 5th largest university hospital in France
  • Intense cultural activity: Montpellier Dance Festival, Radio France Festival, a 14,000 seat multipurpose hall (Park&Suites Arena), Fabre museum, network of multimedia libraries, etc.
  • An environment protected by rigorous local water and purification policies, with a highly efficient waste treatment sector and numerous operations to raise general public awareness
  • 300 sunny days a year along the Mediterranean seaside

Find out more, visit the website of Invest in Montpellier