The funding of research, development and innovation (RDI) activities is a key aspect for any innovative company. A wide range of financial aids is available to support R&D.
Principles of the financial aids:
- Subsidies to encourage companies to carry out R&D and innovation activities
- « Bottom-up » Principle : all thematic areas – a project that meets the admission criteria can benefit from co-financing
- The innovation fund budget is adapted to the needs of the projects (instead of distributing a budget to the best projects)
- Luxinnovation provides support services to help companies meeting the admission criteria
The amended law of 5 June 2009 relating to the promotion of research, development and innovation from the Ministry of the Economy, provides possibilities for financial support to companies who launch research-development-innovation activities: