APICAP: “human, relevant and efficient”
In 2015, Michel’s idea was incubated in the Technopole de La Réunion. Thereafter, in 2018 Zotcar moved into NEXA, a second incubator who introduced him to a venture capitalist locally named APICAP. Despite being an island, La Réunion benefits from a vibrant networking activity. Some even call it “the aircraft carrier of French tech in the Indian Ocean”.
Michel met APICAP and introduced his project. “We talked about growth potential, strategy and challenges and I immediately felt that we were speaking the same language,” recalls the young entrepreneur: “APICAP’s approach is interesting because they do not only provide funding but also coaching while respecting the entrepreneur’s choices. I was also glad to see that APICAP and Europe more globally through the ERDF Fund of Funds, Financière Région Réunion, had put overseas territories on their radars”.