In practice : How to set up your BSPCE policy in a startup

"Bon de Souscription de Parts de Créateurs d'Entreprise" (BSPCE) is a legal instrument in France that allows employees or corporate officers to invest in a company's future success under favorable tax conditions. BSPCEs enable workers to acquire company shares at a predetermined price, encouraging long-term commitment and aligning their interests with those of shareholders. At Qovery, the introduction of a BSPCE policy aims to attract and retain top talent by offering employees ownership potential, fostering a sense of commitment and fairness. The policy is designed with guiding principles that reflect the company's values, ensuring transparency and inclusivity, while also considering practical factors like vesting schedules and dilution impacts. By setting clear objectives and continuously reviewing the policy's effectiveness, Qovery seeks to create a motivating environment for its team while supporting the company's growth objectives.