Thriving start-up community

That Luxembourg is an attractive location for innovative start-ups is no longer just a well-known fact. The number of incorporations has grown very strongly over the past decade, and the country is home to a community of over 500 start-ups active in areas such as ICT, fintech, healthtech, creative industries, space and indutech. Why did they choose Luxembourg? For a variety of reasons.

Incubation, acceleration, support

Luxembourg’s objective has always been to meet the real needs of entrepreneurs. It currently hosts over 15 incubators, accelerators and innovation hubs, notably including national incubator Technoport which welcomes technology-oriented start-ups and often becomes a first local hub for international innovative companies arriving in Luxembourg. Several other incubators and accelerators are joint initiatives between private businesses and public bodies. The public-private model is the cornerstone of Luxembourg’s vision for its start-up ecosystem. Instead of competing with each other, incubators work together and are open to help each other’s start-ups when needed.

Start-ups with a high potential to succeed can benefit from various programmes and support measures that help them with their development. Check out the coaching and seed funding offered by accelerator programme Fit 4 Start, the Tomorrow Street innovation centre that targets late-stage start-ups in their scaling phase or the Ministry of the Economy’s Young Innovative Enterprise support scheme, among others.

Institutional start-up support is notably provided by the House of Entrepreneurship, Luxinnovation and the House of Startups.

Attractive testbed

For many start-ups, Luxembourg is an excellent location for testing their products and services before launching internationally. The human size of the country where it is easy to get in touch with major corporates and public decision-makers, the diversity of the population and the business community, the close proximity to major European markets and the strong support to innovation makes it attractive to use Luxembourg as a showcase market to understand the needs and develop the offering.

The personalised approach: our competitive edge

A competitive edge, which differentiates Luxembourg from other larger start-up hubs, is the ability to provide personalised support to each start-up. Start-ups that choose to come to Luxembourg reap all the benefits of a close-knit ecosystem where different players work seamlessly together and guide them to the best specialists that can advise them on every step of their journey. They can also facilitate contacts with large companies, investors, specialised advisors and others – partners that will prove invaluable on the road to success.

Explore Startup Luxembourg

Startup Luxembourg is the unique brand of the Luxembourg start-up ecosystem. The Startup Luxembourg web platform highlights the ecosystem and its players. It also brings together all the latest news about start-ups in Luxembourg, enables direct contact with incubators, start-ups and institutional bodies, and aims at facilitating networking and business opportunities.