2024
Activity Report on innovation
& entrepreneurship
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Welcome to our 2024 Activity Report! Last year marked a major milestone with the creation of the HEC Paris Innovation & Entrepreneurship Institute, bringing together three centers dedicated to empowering entrepreneurs at every stage of their journey.
Explore the impact our startups achieved in 2024, discover our thriving ecosystem, and learn about the programs designed to fuel entrepreneurial success.
2024 Key figures
599
a group of people from various cultures smile as they pose for the photo
599
startups and companies supported
38 %
3 women speaking in a sofa
38 %
female co-founders
€1.9B
A man speaks in front of an audience at a conference
€1.9B
raised by HEC Paris startups
1000+
A woman and a man smiling in a meeting in a room with mouldings and gilding
1000+
experts and mentors
16
A man smiling to another man
16
unicorns worldwide founded by HEC Alumni (including 3 new unicorns in 2024)
One institute
and 3 centers 
One size doesn’t fit all! Entrepreneurship comes in many forms. Every project, stage of growth, solution, and founder profile demands a unique set of resources and support.
That’s why, across our centers, we offer a diverse range of programs—designed to equip each entrepreneur with the right tools to turn their vision into reality.

Innovation & Entrepreneurship Institute

Ranked among Europe’s Top 5 entrepreneurial hubs by the Financial Times, we foster an innovative ecosystem that drives talent, corporate transformation, and lasting impact on business and society.
LOCATIONS
Station F • HEC Campus • HEC UK House • WeWork
Discover our Ecosystem

Incubation & Acceleration Center

Powering entrepreneurs to shape the future. We equip bold game-changers with the right assets, network, and opportunities to make an impact.
246 startups supported in 2024 • 34% female founders •
38% international startups • 16 programs
Discover the Center

Deep Tech Center

Bridging Science, entrepreneurship & innovation. We connect scientific research with business, accelerating the journey of science-based innovations and cutting-edge technologies from lab to market.
314 startups supported in 2024 • 39% female founders •
68% international startups • 10 programs • 1 Lab
Discover the Center

Social Entrepreneurship Center

Entrepreneurship for a more inclusive future. We empower impact-driven entrepreneurs with skills, resources, and autonomy to scale solutions that drive systemic change, foster sustainable and inclusive growth.
1 431 women trained in 2024 •
39 Social structures supported in 2024 • 3 programs
Discover the Center
A Truly Global Ecosystem
Bringing international startups to Europe and expanding French ventures worldwide. In 2024, 
our Institute and programs transcended borders, driving impact across the globe!
United States
SAN FRANCISCO
• Creative Destruction Lab Carbon Removal Stream
• X-HEC Entrepreneurs Learning Expeditions
• HEC Paris EMBA Specialization
boston
• HEC Paris EMBA Specialization
Belgium flag
Belgium
• Pitch Day with startups and HEC Alumni
Ivory Coast flag
Ivory Coast
• HEC Challenge+ Abidjan cohort • Female Entrepreneurship Event
Japan flag
Japan
• Hello Tomorrow Japan • France-Japan Business Summit • JETRO Program
Canada flag
Canada (Toronto)
• Creative Destruction Lab Super Session
Germany Flag
Germany
• Slush’d Heilbronn Event • Launch of the new CDL Next Generation Computing stream
Estonia Flag
Estonia
• Visit to discover the entrepreneurial ecosystem by the HEC Paris International Affairs Direction.
United Kingdom flag
United Kingdom
• Grand Pitch Night HEC Paris Launchpad • Incubateur HEC Paris Female Demo Day • Demo Day HEC Paris & Imperial College Enterprise Lab
Italy flag
Italy
• New partnership with ION Foundation
South Korea flag
South Korea
• Programs Kised and KOSME
Qatar flag
Qatar
• Exploring opportunities at HEC Paris campus in Doha.
Senegal flag
Senegal
• HEC Paris Challenge+ Dakar
Saudi Arabia flag
Saudi Arabia
• New partnership and program with NIDLP (National Industrial Development and Logistics Program)
Singapore flag
Singapore
• Women’s Forum Singapore
Denmark and Sweden
• X-HEC Entrepreneurs Learning Expeditions.
+51%
of our startups are international
16+
countries visited in 2024
6
unicorns founded by HEC Alumni with HQs outside France

Corporate Accelerator Programs
by HEC Paris

Unlock new growth opportunities by collaborating with startups and companies. Our Incubation 
& acceleration Center operate corporate and international governmental acceleration programs, merging industry expertise with entrepreneurial support.
Beauty Tech Atelier
L'oréal Group logo
L'Oréal Beauty Tech atelier at Station F
a group of people from various origins chatting and smiling together
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L’Oréal
AI European Startup
Meta logo
A group of people placing sticky notes on a white board
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Meta
TotalEnergiesOn
Total Energies On logo
Total Energies office, empty desks in an poen space
topshot of a group of people posing for the photo, smiling to the camera
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TotalEnergies
Women Entrepreneurs for Good
Women Entrepreneurs 4 Good logo
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WE4G
TechSprint with CDC
Caisse des Dépôts Groupe logo
Tech Sprint logo
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Caisse des Dépôts
Hectar
Hectar logo
A group of persons walking in a field
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Urban Odyssey Startup Studio by Icade
Urban Odyssey Start Up Studio by Icade logo
4 men in a wooden-room smiling, chatting, looking at a laptop
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Icade
Afriquia 50 Sprints
Afriquia 50 Sprints logo
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Afriquia SMDC
French Women Entrepreneurs 40
French Women Entrepreneurs 40 logo
Mosaic of 16 women faces
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FWE40
Japan External Trade Organization
Japan External Trade Organization logo
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2 asian men sitting listenting to a conference
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JETRO
Korea Institute of Startup & Entrepreneurship Development
Korea Startup Center logo
Korea Start Up KISED logo
A group of Korean people won a prize, smiling to the camera
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Kised
Korea SMEs and Startups Agency
Korea SMEs and Startups Agency logo
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KOSME
India AI Startups Global
A group of speaker sitting for a conference at India AI Global Summit
Logo India AI, a MEITY NEGD & NASSCOM initiative
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National Industrial Development and Logistics Program
National Industrial Development and Logistics Program logo
4 men and a woman smiling together
No items found.
NIDLP
50 sprints by Akwa
AKWA Group logo
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AKWA

Our Use Cases

2024 Highlights & Events
With 30+ in-house events every month and 10,000 participants per year, our ecosystem at HEC Paris Innovation & Entrepreneurship Institute is always dynamic.
From matchmaking and networking to knowledge-sharing and pitching, we create opportunities for startups and innovators to thrive. Take a look at some of the biggest highlights and events we joined last year!
B2BRocks
Berlin Global Dialog
Franco Tech
Change Now
Heilbronn Slush'D
Demo Days
Doers to Doers
i-Lab Challenge +
Prince Daniel
Vivatech
Women’s Forum Global Meeting
Women's Forum Singapore

A Recognized Ecosystem

For over a decade, rankings and indexes 
have shaped the landscape of entrepreneurship and innovation. While their criteria evolve yearly, they remain a key barometer of market trends. At the same time, for startups, making the list 
is a huge milestone—a sign of growth and impact. In 2024, we tracked how these rankings recognized our startups, showcasing their influence on the ecosystem.
RANKING
Classification / % Startups Listed
French Unicorns
27 %
Station F Future 40
42.5%
BPI Deeptech 50
20%
Challenges 100 Startups où investir
19%
Observatoire Deeptech — University Ranking
4th
Spring 50
26%
Saclay 20
25%
Sifted 50 France
18%
Linkedin Top Startups
20%
Female Founder - Vivatech
LVMH Innovation Award - Vivatech
Next Startupper Challenge - Vivatech
Finalist
FT Next 40/120
21 %
FT Top European Entrepreneurship Hubs
4th

They support us

We don’t build an ecosystem alone—it thrives on collaboration. With the support of our partners, we continue to expand our impact and drive meaningful change.
AG2R la mondiale logo
BNP Paribas logo
BPI France logo
BRED Banque Populaire logo
Bank of America logo
Banque des Territoires logo
Bredin Prat logo
Capgemini logo
Ciel logo
Dieter Schwarz Stiftung logo
Entreprendre au coeur des territoires logo
Fond'Ker logo
Bettencourt Foundation logo
HEC foundation logo
Hectar logo
ION foundation logo
Icade logo
Japan External Trade Organisation logo
KISED logo
L'Oréal logo
Meta logo
METI logo
Michelin Foundation logo
Ministère de l'Enseignement Supérieur et de la recherche logo
National Idustrial Development and Logistics Program logo
Promepar logo
Région Ile de France logo
Sanofi logo
Schneider Electric logo
Station F logo
Total Energies logo
Women's forum logo
XTX markeets logo