The Fit 4 Resilience programme follows the same general approach and broad outlines as Luxinnovation’s “Fit 4” performance programmes that have already proved their worth in other areas. The aim is to support companies in their analysis of how they have been impacted by the COVID-19 crisis in order to identify the paths to follow to reinvent themselves and relaunch their activities in a more resilient manner. The analysis will focus both on their internal functioning and on their interaction with customers and suppliers.

The objective is to help companies make the most detailed diagnosis possible of their strategic positioning,” says Sasha Baillie, CEO of Luxinnovation. “This in-depth analysis will cover the companies’ ecosystem and products as well as their supply and distribution channels in order to measure the impact of the crisis on these different dimensions. The findings will be used for a structured reflection on the strategic choices to be made for the future in order to make them more resilient. Ideally, the future strategies will include a more digital, circular and regional perspective. An addition, all the feedback that we receive from the field will allow us to develop good practices that can be shared with all the stakeholders in the ecosystem. The feedback will also help in the economic development of each sector over time, by emphasising what will have worked well and what will have worked less well.”

50% of support from the Ministry of the Economy

With the support of consulting firms specialising in strategy, approved by Luxinnovation, Fit 4 Resilience will help companies prepare a repositioning plan and develop an action plan covering the short and medium-term perspective. Depending on the companies’ size and complexity, the development work may last between 5 and 25 days. The Ministry of the Economy will cover 50% of the consultancy costs for eligible companies.

The Fit 4 Resilience programmes targets SMEs as well as manufacturing industry and large companies that have been structurally impacted by the COVID-19 crisis. I’m delighted with the initiative taken by Luxinnovation to help all companies reposition, or even reinvent, themselves, following the upheavals they have undergone in their respective environments,” says Minister of the Economy Franz Fayot.

Interested companies can apply to the programme via the platform, which is available on the Luxinnovation website. The deadline for submitting applications has been set for 31 December 2020.

The programme is part of the national economic recovery policy ‘Neistart Lëtzebuerg’ aimed at rebounding as quickly as possible after the health and economic crisis that our businesses are going through,” says the Minister. “It is perfectly complementary with the provisions in the bill to stimulate sustainable business investment in the COVID-19 era.”

This bill provides for three types of investment aid for development and innovation (process and organisation) projects and projects aimed at improving energy efficiency or exceeding standards.

The Fit 4 Resilience programme is implemented with the support of the House of Entrepreneurship of the Chamber of Commerce, the Chamber of Skilled Trades, the Fédération des Artisans and FEDIL.

Read more

DigiJourney: Digital transformation journey for SMEs


DigiJourney idea raises from the participation of two innovation agencies and a research institute, FUNDECYT-PCTEX, LUXINNOVATION and IPA-SA, in European projects related to digitalisation and their expertise in the field. As a result of the peer learning process, this Design Options Paper (DOP) provides other European innovation agencies with recommendations for improving their digitalisation support services for companies in their territories through a well-designed digitalisation client journey aligned with other supportive schemes that favour the implementation of digitalisation measures to improve companies’ competitiveness.
Read more

FEDIL Innovation Award: deadline extended


The 24th edition of the Innovation Prize awarded by FEDIL is currently under way. The deadline for submitting applications has been extended until 20 July to allow companies to better promote their innovative projects.
Read more

Creative industries mobilise against COVID-19


With the Creatives Unite platform, the players of the creative and cultural industries (CCIs) have a tool to share good practice and experience related to the current health crisis. IPIL is one of the stakeholders of the European project “FLIP for CCIs”, which supports this initiative. 
Read more

Luxembourg one of Europe’s innovation leaders


The European Innovation Scoreboard, published by the European Commission, ranks Luxembourg among the EU’s innovation leaders. The main reason is the country’s attractive and efficient research ecosystem.
Read more

Healthy aging: financing opportunities with Eureka and AAL


The quality of life of senior citizens is at the heart of several European funding programmes for research and development activities. Luxembourg companies are invited to join transnational consortia to benefit from this financial support.
Read more

All news