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 law of 17 May 2017 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: