One of the most exciting events at ICTSpring in Luxembourg was the Pitch Your Start-up competition powered by Docler Holding and supported by Luxinnovation. Out of a total of 160 applications from 25 different countries, 18 ICT start-up finalists were selected based on the criteria of innovation, uniqueness, creativity and growth potential. They competed for prizes equivalent to a total amount of €100,000.
Aiva Technologies was chosen by the distinguished jury as the winner of the €50,000 first prize offered by Docler Holding. Creator Pierre Barreau was on hand to accept the prize along with the Aiva team.
How did you first hear about Luxinnovation and our Fit 4 Start programme?
In May 2016, we participated in the Chamber of Commerce’s event for Entrepreneurs. After presenting our project to the Ministry of Finance, we were invited to contact Luxinnovation’s team. Discussing our idea with Antoine Hron, Head of Start-up Support, he encouraged us to apply for the Fit4Start program. And finally, here we are!
Likes about Fit for Start:
What has your biggest achievement been since you founded AIVA?
So far our biggest achievement was getting AIVA registered at SACEM, thus becoming the world’s first virtual artist recognised as a composer in an authors’ rights society. Our objective is to make ourselves a name among AI pioneers and we are proud to #makeithappen in #Luxembourg.
What did you learn so far by participating in the Fit 4 Start programme?
Since we are musicians coming from a world of artists, the program taught us a lot. We got to know Luxembourg’s start-up scene and its opportunities. More precisely, we learned how to target the right groups, how to communicate effectively and how to use the lean start-up methodology to prepare the launch of our product on the market.
Tip from an entrepreneur:
|“Talk as much as you can about your idea and be ready to take risks. High risk, high reward!”
– AIVA Team
|Name: AIVA Technologies
CEO: Pierre Barreau
COO: Vincent Barreau
CMO: Arnaud Decker
Founding date: 2016
Registered office: 198b, rue de Hamm, L-1713 Luxembourg