Economic balance of the institute 2014 : creation of the R&D institute by the French state Involvment of private & academic partners 3-year commitment for the French state and private funders 49 % public fund 51 % private fund Annual budget : 6M Industrial companies : ~400 000 € / company / year Engineering companies : ~50 000 € / company /year French state : equivalent to private funding 2017 : Renewal of the 3-year commitments of private partners and the French state Same budget from direct funding Diversification of revenues through valorisation of assets Vision for future : Progressive disparition of direct public funding Valorisation activities enables pursuing R&D activities