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Invest PME SA (Invest PME) is the regional majority-owned private equity subsidiary of SIGEFI Proximité Gestion SASU, part of the French independent group Siparex Associés , for which the lead entity is SIGEFI Private Equity. Regional institutions and local collectivities are significant minority shareholders. Formerly known as Franche-Comté PME Gestion SA, the firm was established in 1996. They are located in Besançon and manage a range of regional development funds. The Siparex group is involved in similar development projects in Rhône-Alpes (south eastern France), Burgundy (middle eastern), Auvergne (central) and in Normandy (north west).