February 2023 ISSUE #61

"People and partnerships key to success"

In late 2017, San Francisco-based global space-based data, analytics and space services provider Spire opened its Luxembourg office. We spoke to John Lusk, CEO of Spire Maritime, about the main success factors and pitfalls to be avoided for international companies expanding to Europe.

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Entering the metaverse market

Often considered as the next iteration of the internet, the metaverse is expected to play a key role in the digital transformation of the economy. But is it just hype, or a trend with real substance? We spoke to Arnaud Lambert and Sara Bouchon at Luxinnovation to find out more.

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Top-level security standards for Luxembourg supercomputer

As LuxProvide, the company in charge of Luxembourg’s supercomputer MeluXina, expands its cooperation with companies, it is implementing an advanced security system to ensure that customers can process their data in a climate of complete trust.

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Launch of the Humanitarian Innovation Accelerator call for projects

From today on, the call for projects of the Humanitarian Innovation Accelerator (HIA) will be open to national and international applications in order to promote innovative solutions in support of the global humanitarian sector. Applications can be submitted until 1 March 2023.

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“Break down the diversity barriers”

Opening a first European office is a big step for many international companies that also need to handle cultural and linguistical challenges. Toshihiko “Toby” Otsuka, CEO of Rakuten Europe, shares how this Japanese company managed to overcome such barriers when establishing its European headquarters in Luxembourg.

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“Revalidate your assumptions”

Argentine digital health company ViewMind opened its European office in Luxembourg a few years ago. Mark Edwards, CEO, and Matias Shulz, COO of ViewMind, share their insights into key points to keep in mind for international companies that target the European market.

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Two first Luxembourg start-ups receive EIC Accelerator funding

The European Commission recently announced that Arspectra and Circuli-ion have been awarded funding from the European Innovation Council (EIC) Accelerator. This is the most prestigious funding available for start-ups from the EU’s Horizon Europe programme.

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House of BioHealth extension inaugurated

On 12 January 2023, a new extension of the House of BioHealth, Luxembourg’s unique hosting facility for biotech and healthtech companies was officially inaugurated. A total of 15,000 m2 of lab and office space are now available for businesses in the sector.

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One of the biggest success factors is if you have the opportunity to partner with the local government. Being linked to the government in a smaller country like Luxembourg, which is looking to invest in companies that are bringing technologies and talent, gives you legitimacy.

John Lusk, CEO, Spire Maritime

Luxembourg living

Charlotte Pedersen, Non-Executive Director and company owner of Pegasus Consilium, came to Luxembourg from Denmark in 2009. She shares her experience of what it is like to do business and live in Luxembourg.

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Coming up - Events


State visit to Latvia - Business Forum

05/04/2023 to 07/04/2023

Visit Luxembourg's national pavilion at FIC

25/04/2023 to 27/04/2023

Visit the Luxembourg pavilion at JEC World 2023

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