Question 13126 — businesses

Summary

Mr. Matthias Renault draws the attention of the Minister of the Economy, Finance and Industrial, Energy and Digital Sovereignty to the conditions of allocation and monitoring of public aid granted to the company Ynsect, recently placed in compulsory liquidation, after having benefited from approximately 148 million euros in public funding according to figures communicated by the Government. This file, extensively documented by the press, highlights serious dysfunctions both in the internal management of the company and in the State's assessment of the industrial, financial and operational risks linked to a project of this nature. While this aid was part of emblematic measures to support innovation and reindustrialization, it is clear that the failure of the project raises serious questions about the rigor of the methods of selecting subsidized companies, in particular on the effective consideration of technological, economic and governance risks, as well as – and above all – on the sustainability of the industrial models presented. In addition, the elements revealed on the use of public funds, the apparent lack of cost control, the accumulated delays and the structural management difficulties directly question the effectiveness of the control mechanisms exercised by the State and its operators throughout the execution of the aid granted. In a context of strong budgetary constraints and increased demands for good management of public money, this case fuels the feeling of a subsidy policy sometimes conducted without sufficient guarantees, exposing public finances to considerable losses without clearly established compensation. He him therefore calls for clarification, on the one hand, of the precise criteria and risk assessment procedures which led to the granting of this aid, as well as the lessons that the Government draws from this failure to avoid the repetition of such situations and, on the other hand, the control, monitoring and sanction systems existing or envisaged in order to guarantee rigorous and transparent use of public funds by the beneficiary companies, including in the event of proven failure.

Machine translation from French. The official text remains authoritative.

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