search

Graduation & SelectionTo transform ideas into value creation, start-ups sometimes need a significant boost. For innovative entrepreneurs, participating in such a programme is an opportunity to strengthen their network but also to launch and develop their project.

Participation in Fit 4 Start makes it possible to gain visibility with potential customers or even to find investors, a driving factor. It is also a simple way to test the appetite of the market for an idea and consequently to improve one’s services and products.

Personalised access

Since its creation in 2015, Fit 4 Start – a mentoring and support programme for entrepreneurs and creators of innovative start-ups, initiated by the Ministry of the Economy and managed by Luxinnovation – has offered intensive coaching for 16 weeks in Lean Start-Up, attractive pre-seed funding of up to €150,000, access to key networks and a free co-working space in a business incubator.

“To enter the market and get off to a strong start, start-ups need quality support, adapted to their stage of development. This is what we offer them thanks to the experience of our international coaches and through the exchanges they can have with the other participants,” explains Laurence Hulin, Manager of the Fit 4 Start programme and Start-up Support Advisor at Luxinnovation. “The strength of our programme lies in the fact that it combines a group approach and coaching that is personalised and adapted to each start-up.”

The objective of coaching is to help entrepreneurs identify their needs and growth potential. “I have been working with start-ups for almost 20 years and I have noticed that very few entrepreneurs really know their clients,” says Michel Blumenthal, Fit 4 Start coach. Through several working sessions, start-ups are, for example, invited to reflect on all elements necessary to put together a businessplan, to assess the viability of their company or to consider the time it will take them to find the necessary partners and funding.

“The programme is very intensive, you meet with the steering committee every 4 weeks. You receive a lot of feedback from Luxinnovation and the coaches, who give you many challenges. It’s very useful and stimulating,  as it helps you to rethink what you do and how you do it,” says Tom Michels, CEO of Salonkee, a salon management software developed for the hair and beauty industry in Luxembourg and the Greater Region.

An international influence

In a few years, Fit 4 Start has become a reference programme for supporting start-ups, but its influence extends far beyond Luxembourg’s borders as it attracts more and more project leaders from all over the world every year. Most international participants say they have chosen to settle in Luxembourg because of its central location and growth potential.

“I think that the launch potential from Luxembourg is excellent for many start-ups, whatever their field of activity. Everyone knows Berlin, Amsterdam or Paris. These cities are very attractive but Luxembourg is a very open country thanks to easier access to the European or even international market,” explains Cédric Spaas, a participant in the Fit 4 Start programme and Managing Director of Arspectra, a company specialising in innovative medical equipment.

The call for applications for Fit 4 Start #8 is officially launched. To be eligible, the conditions are as follows:

  • have an innovation-oriented project;
  • have incorporated a company in Luxembourg, preferably less than 12 months before the start of the programme (but the incorporation of the company is not a prerequisite for the application);
  • be a team of at least 2 people, at least one of whom will work full time on the project when participating in Fit 4 Start.

Read more

Ziggu comes out on top in CYEL competition

13-06-2019

The winner of the 13th edition of the CYEL competition organised by the Junior Chamber of Commerce of Luxembourg (JCI Luxembourg) is known. Yannick Bontinckx, co-founder of Ziggu, a service platform dedicated to building professionals and their clients, won the jury's favour.
Read more

Mission accomplished for Luxembourg at VivaTechnology

22-05-2019

With a 40 m2 national pavilion, Luxembourg attracted many entrepreneurs interested in the country's innovation ecosystem during the VivaTechnology exhibition, held in Paris from 16 to 18 May. The eight exhibiting Luxembourg start-ups present on the stand also received interesting visits.
Read more

Publication of the 2018 Luxinnovation Annual Report

07-05-2019

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

Fit 4 Start #8 is well and truly underway

05-04-2019

The names of the 10 start-ups that will participate in the 8th edition of Fit 4 Start are now known. 50 entrepreneurs from all over the world came to promote their project during Pitching and Graduation Day, which took place on Thursday 28 March at Kinepolis in Kirchberg.
Read more

Fit 4 Start: First time appearance for HealthTech

15-03-2019

The 7th edition of Luxinnovation’s coaching programme had a new look and feel about it. For the first time since its launch, five start-ups from the health technologies sector were selected, on top of the ten selected from the ICT sector.
Read more

All news

Close