LIPSTIP Awarded “Jeune Entreprise Innovante” (JEI) Status: Fueling Innovation with Smart Funding
LIPSTIP has officially been granted the Jeune Entreprise Innovante (JEI) status by the French government—a recognition reserved for small, independent, R&D-driven companies working on breakthrough innovation.
Introduced in 2004, the JEI status is a key instrument in France’s innovation strategy. For companies like LIPSTIP, it offers both financial relief and strategic momentum.
💸 Major Financial Incentives
As a JEI, LIPSTIP benefits from:
- Corporate tax exemptions: Up to 100% in the first year of profitability and 50% in the second.
- Reduced employer social contributions: Especially on salaries of R&D personnel—significantly lowering costs while enabling talent recruitment.
- Eligibility for R&D tax credits (CIR): Enhancing the company’s capacity to reinvest in product development.
These incentives provide LIPSTIP with crucial runway to scale its advanced legaltech tools, all while maintaining a focus on deep, proprietary R&D.
🧠 Reserved for True Innovators
Not all startups qualify as JEI. To be eligible, companies must:
- Be less than 8 years old (11 years for those created before 2023).
- Invest at least 15% of their total expenses into eligible R&D activities.
- Remain independent and employ fewer than 250 people.
LIPSTIP’s inclusion is a testament to the scientific depth of its projects and its long-term technological vision.