On 26 September 2019, representatives of Luxembourg’s national innovation agency, Luxinnovation, will visit Skolkovo Technopark in order to meet with technology start-ups looking to get a foothold in the EU market. The interview with Jean-Michel Ludwig has been published in advance of the visit to give potential participants a first taste of what Luxembourg can offer.

Welcoming newcomers: a priority

“Luxembourg is home to a growing community of innovative start-ups that are created here and develop successfully alongside already established companies. However, the size of the country means that we will never be able to develop all technologies and skills that are needed to be competitive at the international level on our own. We are therefore more than willing to attract and welcome the best technologies and talents,” says Mr Ludwig in the interview. “Luxembourg can offer them a favourable business climate and an attractive base for developing, testing and marketing new solutions for the European market.” He also points out that Luxinnovation works closely with the Ministry of the Economy and the Chamber of Commerce to support international companies that want to explore the advantages of setting up an office in Luxembourg.

Russian expertise, European business opportunities

The collaboration between Luxinnovation and Skolkovo has already created synergies: Skolkovo companies such as Anisoprint or ExoAtlet are already located in Luxembourg, and all-in-one cloud services provide G-Core Labs, which is headquartered in Luxembourg, has joined the Skolkovo start-up community. “Russia has always been perceived as a centre of scientific and academic excellence, and our collaboration with the Skolkovo Foundation has clearly shown us the country’s successful track record of transferring this expertise from the research to the business sector,” says Mr Ludwig. “European industry could clearly benefit from further collaboration with Russian companies in fields such as Industry 4.0-related technologies, artificial intelligence or cyber secruity. Luxembourg can also offer an attractive market to companies active in the fintech sector.”

Photo credit: Skolkovo Foundation

Read more

The smart manufacturing revolution


The major Smart Manufacturing conference on 7 November will focus on how to increase competitiveness with new technologies.
Read more

A Luxembourg base for medical exoskeletons


ExoAtlet offers paralysed people the opportunity to walk again. The Russian start-up has chosen Luxembourg as the new location of its headquarters in order to target the European rehabilitation market.
Read more

Cybersecurity in Luxembourg: An expanding sector


Luxembourg is internationally renowned for its expertise in cybersecurity. A recent mapping of the sector highlights a dynamic sector specialising, in particular, in risk identification and protection.
Read more

Changes in financial industry “only going to happen faster than before”


Daniel Schulman, the CEO of Paypal, was in Luxembourg this Monday to inaugurate the PayPal-FNR PEARL Chair in Digital Financial Services, the first one built on a public-private partnership in this field.
Read more

A US autumn for Luxembourg start-ups


7 of Luxemboug's most promising start-ups have been selected for participation in two acceleration programmes specifically designed for entering the US market.
Read more

All news