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
Luxinnovation was created on 1 June 1984, with the establishment of an “Agency for the Promotion of Innovation” within the Economic Department of the Ministry of the Economy and Small and ... Read more
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
Luxinnovation, the national agency for the promotion of innovation, has just published its annual report for 2018: a year marked by the refinement of the agency's general strategy, more than ever at the service of Luxembourg companies, whatever their size, to support them in their innovation efforts. Read more
Launched in 2015 by the Ministry of the Economy, and managed by Luxinnovation with the support of Technoport and the Luxembourg-City Incubator, Fit 4 Start has, in a few years, become the Luxembourg reference programme for providing support to start-ups. 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 - Are you ready to take off?
The Fit 4 Start programme helps young innovative companies to launch their business from Luxembourg, transforming innovative ideas and the project leaders’strong will to succeed into companies with high growth potential.
Why they chose Luxembourg - SALONKEE
Luxembourg is too small? “It’s a perfect test bed before expanding to bigger markets” says Tom Michels, Founder of Salonkee (smart services).
Why they chose Luxembourg - WIZATA
Luxembourg is just a financial centre? “The country has a strong pioneering and industrial heritage, ideal for start-ups” says Jean-Philippe Hugo, founder of Wizata (industry 4.0, AI).