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Finance and Taxation

MyMeetingsOndemand, an innovative start-up and beneficiary of the CIR, praises the excellence of the system

10 Feb 2017
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A company focused on research and international expansion

MyMeetingsOndemand, founded in 2011 by Patrick Bedigis and David Thibau, is a software company that has developed Meetings*, a multilingual web application that enables meetings to be run efficiently, facilitates the management of minutes and improves the follow-up of actions decided during sessions. The application’s two key benefits are improved governance and real operational efficiency.

The company defines itself as a pure player in Meeting 2.0, enabling collaboration BEFORE, DURING and AFTER the meeting. As an extension of Web 2.0, Meeting 2.0 combines the collaborative power of the social web, the accessibility of the Cloud and the functionalities that transform any meeting into an efficient process.

The company is growing fast, and already has over 1,000 users (Groupe La Poste, GlobalAerospace, SMEs, associations, etc.). It plans to double its sales this year, and is in the process of raising funds to rapidly reach 100,000 users in France and expand internationally.

The CIR, a fundamental tool for business development

As soon as it was set up, MyMeetingsOndemand benefited from the Young Innovative Company (JEI) status and the Research Tax Credit (CIR), i.e. a tax credit calculated on the basis of the company’s R&D expenditure.

According to Patrick Bedigis, this scheme enabled the company to rapidly launch prototypes, continually improve them, and test them very quickly with users. Patrick Bedigs believes that without the JEI and CIR schemes, the very existence of his company would not have been assured.

Avenues for improvement

Mr. Bedigis believes that it is legitimate to build up a substantial file and the measurement systems put in place by the Administration. He has witnessed the progress made by the Administration in this area, and considers it to be an integral part of its innovative business ecosystem.

However, in his opinion, one of the limitations of the system lies in the very definition of R&D, which is ill-suited to digital projects. Few digital companies carry out fundamental and/or applied research. Yet there are real technical problems to be solved in terms of innovation that require experimentation. This work can bring significant added value to the economy and represent a major competitive lever.

Lastly, he believes that if start-ups were able to collect the CIR more quickly – as soon as the accounts are closed, as in the past, rather than 6 months later – this would help to secure their cash flow, the lifeblood of all innovative SMEs.

In conclusion, Mymeetingsondemands above all the benefits of the CIR scheme, which the company sees as a real competitive advantage on the international stage and a formidable growth lever.