search

Minister of the Economy Franz Fayot speaking at the launch of the Startup Luxembourg websiteLaunched in 2019, Startup Luxembourg is the brand for the ecosystem focusing on young innovative companies in Luxembourg. It aims, through its web platform and social networks, to promote this ecosystem internationally and to facilitate networking and business opportunities.

Supported by the Ministry of the Economy and managed by Luxinnovation, the public initiative Startup Luxembourg serves all players in the ecosystem (start-ups, incubators, research institutes, public organisations, etc.). Startup Luxembourg is also the brand under which Luxembourg is represented at international events dedicated to young innovative companies.

The Luxembourg start-up ecosystem has grown considerably in recent years, both in terms of the number of start-ups and in terms of programmes and support measures.

“The Luxembourg start-up ecosystem has grown considerably in recent years, both in terms of the number of start-ups and in terms of programmes and support measures,” said the Minister of the Economy Franz Fayot.

“Our ecosystem has reached a certain level of maturity and it is now the right time to focus our efforts on promoting it beyond our borders,” added Sasha Baillie, the CEO of Luxinnovation. The Startup Luxembourg brand now has 17,000 followers on its three social networks (LinkedIn, Facebook and Twitter) and has already represented Luxembourg several times at international trade fairs such as Viva Technology in Paris and the Web Summit in Lisbon.

A reflection of the Luxembourg start-up ecosystem

The main objective of the www.startupluxembourg.com platform is to highlight the ecosystem and its players, as well as to bring together all the latest news about start-ups in Luxembourg. At the international level, it serves as a lever to highlight all the advantages that the country can offer to young innovative companies. It also enables direct contact with incubators, start-ups and institutional players.

Our ecosystem has reached a certain level of maturity and it is now the right time to focus our efforts on promoting it beyond our borders.

At the national level, the platform also aims to facilitate networking and business opportunities. Based on a very advanced design and user experience, the site aims to best reflect the specific characteristics of the Luxembourg ecosystem. The Grand Duchy is a prime location from which to access the European market, with an open and international economy by nature, easy and quick access to private and public decision makers, a digital agenda clearly outlined by the government and a unique quality of life.

Fit 4 Start in the spotlight

The event was also an opportunity to revisit the Fit 4 Start programme, the 11th edition of which was announced in early June.

Launched by the Ministry of the Economy and managed by Luxinnovation in collaboration with Technoport, Luxembourg City Incubator and Luxembourg Space Agency, the Fit 4 Start programme helps young innovative companies to launch from Luxembourg, transforming innovative ideas and entrepreneurs’ strong will to succeed into companies with a strong growth potential. Initially open only to start-ups in the ICT sector, Fit 4 Start now also targets companies active in health and space technologies.

The 15 start-ups selected at the beginning of June for the 11th edition pitched their solutions in person or online. These 15 start-ups will benefit from six months of specialised support, as well as individual funding of €50,000 from the Ministry of the Economy, with the possibility of receiving an additional €100,000 if they successfully complete the programme and manage to raise private capital.

A round table discussion with former participants looked back on the main developments that have contributed to the reputation of Fit 4 Start. In 10 editions over a period of 5 years, the programme has seen more than 1,800 start-ups apply and 78 follow the different coaching sessions. The event ended with the graduation of the 16 successful applicants from the 10th edition.

Read more

University of Luxembourg inaugurates fintech centre of excellence

29-03-2023

On 29 March 2023, the University of Luxembourg inaugurated its National Centre of Excellence in Financial Technologies. The interdisciplinary centre will focus on the technological challenges and opportunities of the financial industry.
Read more

Creative Industries Cluster B2B Meet up: “Building trust is a priority”

28-03-2023

On 21 March 2023, the Luxembourg Creative Industries Cluster organised a B2B meetup to promote cross-sector synergies within the ecosystem. Around 40 people attended the event at the Blends Café in the heart of Luxembourg, including company representatives and creative entrepreneurs. The meetup, which coincided with World Poetry Day, was an excellent opportunity to introduce the new Cluster Manager, Kristian Horsburgh, and marked the cluster’s first gathering in 2023.
Read more

Year-on-year inflation lowest in Luxembourg

28-03-2023

Luxembourg recorded the lowest annual inflation rate in member states in January 2023, according to the figures published on 23 February by the statistical office of the European Union, Eurostat. The flash estimates for February released on 2 March also show that Luxembourg maintained the eurozone’s lowest inflation record.
Read more

Luxembourg Digital Innovation Hub gets new European dimension

23-03-2023

The designation as European Digital Innovation Hub (E-DIH) broadens the scope of the Luxembourg Digital Innovation Hub (L-DIH) as a one-stop-shop for the digital transformation of the Luxembourg manufacturing sector by providing additional channels and financial resources for more impact in Luxembourg and Europe. With Luxinnovation, the national innovation agency, continuing its role as coordinator, four additional partners now join the L-DIH consortium to considerably extend its service offer.
Read more

New healthtech business developer joins Luxinnovation

22-03-2023

The international business development team at national innovation agency Luxinnovation informs and guides international companies considering Luxembourg as a potential location for their European offices. On 1 March 2023, Régis Ciré joined the team and took on the role of supporting healthtech businesses.
Read more

Resources all news

Fermer