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What does YIC stand for?

YIC stands for Young Innovative Company

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Organizations, NGOs, schools, universities, etc.
  • Business, finance, etc.

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Other Resources:
We have 24 other meanings of YIC in our Acronym Attic

Samples in periodicals archive:

45pm on October 27(th), 2009, at Carmat's Premises in Velizy VELIZY, France -- CARMAT SAS, a Young Innovative Company (YIC) developing the world's most advanced artificial heart (video), today announced the inauguration of its cleanroom facilities in the presence of Valerie Pecresse, France's Minister for Higher Education and Research.
Although the promise that marked the biotech sector in 2007 was dented by the maelstrom on the international financial markets, the series of reforms, certain of which were inspired or supported by France Biotech, resulted in improvement of the environment for innovative biotechnology companies and SMEs, particularly through attribution of the Young Innovative Company Status (YIC), which has become a reference label for entrepreneurs, researchers and investors alike and has resulted in French companies becoming more competitive.
The different public policy incentives introduced by the goverment since 2004 to promote innovation in France have enjoyed considerable success among SMEs, particularly that of Young Innovative Company (YIC) status, with 66% of respondent companies in our survey opting for this standing.
Bernard-Louis Roques, General Partner IT of Truffle Capital, said the adoption of a European version of France's Young Innovative Company status (Jeune Entreprise Innovante), which offers tax advantages to companies that invest heavily in R&D, would be a major step in boosting the industry's competitiveness.