France to set up three billion euro company support fund SECTIONS Last Updated: Jun 01, 2021, 07:21 PM IST Share Synopsis The fund aims to help firms on a case-by-case basis with loans or equity injections so that businesses that were viable before the pandemic but now have strained balance sheets can get back on their feet. Agencies Although many firms ended up not having to use the money they borrowed, the ministry wants to avoid a wave of insolvencies. PARIS: France will set up a new 3 billion euro ($3.67 billion) fund to support mid-sized and large companies as they emerge from the coronavirus crisis, French Finance Minister Bruno Le Maire said on Tuesday.