A significant increase to the European Innovation Council (EIC) Pilot budget has been adopted by the European Commission to support game-changing, market-creating innovation and deep-tech SMEs to scale-up, paving the ground for the launch of a ‘fully-fledged’ programme in Horizon Europe (2021 – 2027).
In response to the economic challenges arising from the coronavirus crisis, the Luxembourg government announced on 25 March 2020 the launch of a massive stabilisation programme for the national economy. Measures for a total of €8.8 billion will help companies face the immediate shortage of cash and maintain employment.
The European Commission is coordinating a common European response to the outbreak of COVID-19. Resolute actions are taken to strenghten the public health sector and mitigate the socio-economic impact.
In the context of the Covid-19 crisis, the General Directorate for Small and Medium-Sized Enterprises set up an emergency fund for very small companies and the self-employed.
Latest press releases
Fit 4 Start is today an internationally recognised programme for innovative start-ups with a strong drive to succeed. The objective is to select the most promising start-ups and give them access to ea... Read more
Luxembourg, September 12, 2018 – The Luxembourg Space Agency (LSA) officially launched operations today with the goal of promoting the further economic development of the Grand Duchy’s space industry ... Read more
FIT 4 START 9 - Thank you and congrats!
Ten ICT start-ups, five companies in the healthtech sector and five in space tech were admitted into Luxembourg’s renowned acceleration programme Fit 4 Start at the Pitching & Graduation Day on 3 October. The biggest ever cohort of participants will benefit from intensive coaching, free access to co-working facilities and a subsidy of up to €150,000.
Fit 4 Start - Cedric Spaas, CEO of Arspectra
“We chose Luxembourg for the central location and potential to grow.”