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In order to provide a coordinated response to the coronavirus pandemic, the Luxembourg research community has set up a COVID-19 Task Force involving the country’s major research institutions. As part of the Task Force’s activities, the FNR has launched a rapid call to provide initial (co-)funding to short-term research projects as well as to the initial phase of long-term initiatives targeting COVID-19. Funding is allocated through a fast-track mechanism that makes it possible to support urgent research projects which need to start immediately.

Joint proposals welcome

Luxinnovation, the national innovation agency, is in charge of mobilising and coordinating private partner initiatives related to the COVID-19 Task Force’s activities. The agency has worked together with the FNR to open the call for proposals to public-private partnerships. Private companies and public research organisations can now submit common research project proposals. The public research partners of approved projects will receive funding from the FNR, and private companies from the Ministry of the Economy.

The proposals will go through a joint evaluation process involving both the FNR and the Ministry of the Economy. Luxinnovation will advise companies on their participation and provide support during the proposal evaluation process.

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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.
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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.
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Mission to Latvia presents potential business opportunities

21-03-2023

A high-level business delegation comprising of 20 Luxembourg companies participated in the three-day official trade mission to Latvia, where an intensive economic and business programme was unpacked, with over 90 B2B meetings taking place on the side-lines. Luxinnovation’s Head of International Relations, Jenny Hällen Hedberg, underscored the effective collaboration between the organisers of the mission and key areas of interest that were identified as a result of interactions between Luxembourg-Latvian counterparts.
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How to succeed with your expansion into Europe: the experts’ top tips

14-03-2023

Some success factors for international companies wanting to expand into the European market are quite obvious: having the right product/market fit and an offering that suits the culture and behaviour of European customers and finding the right business partners, for example. Others are less evident, but can be at least as important. We put together 9 key points from Luxembourg-based experts with decades of experience of advising international businesses about their entry to Europe.
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Fortress, history, identity

10-03-2023

Art and history lovers can find their heart’s desire in Luxembourg City by walking along the so-called MuseumSmile, which is home to no less than seven museums.
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