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
With 86 members, the Luxembourg Materials & Manufacturing Cluster, managed by Luxinnovation, aims to foster innovation within companies and bolster their cross sectoral cooperation, particularly i... Read more
Designed as a practical tool, Happen aims to help foreign investors and entrepreneurs on the lookout for a business hub in Europe to realise that the Grand Duchy is not only an attractive business loc... 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.
Cross Border Test Bed for smart mobility and 5G connectivity
The cross border test bed is perfect example of a pioneering project between 3 neighbouring countries, Germany, Luxembourg and France.
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).