On Friday 7 July 2017, the Mayor of the Ville de Luxembourg and the Chamber of Commerce presented a collaborative project on the development of an incubator project in the city centre, in Luxembourg-Gare.
The Luxembourg City Incubator will become part of the future House of Start-Ups, a project initiated by the Chamber of Commerce, which will open its doors in early 2018 in the heart of the capital and aims to house2 between 150 and 200 Innovative start-ups from multiple sectors, both national and international, in a 4,200 m facility.
The Luxembourg City Incubator will provide support to start-ups from a variety of sectors, such as creative industries and social and female entrepreneurship. Accelerator and management services will be provided by nyuko a.s.b.l, which will migrate its activities from the Rue de Hollerich to the new premises of the House of Start-Ups. The main objective of the Luxembourg City Incubator project is to support the “incubator” component, that is to guarantee support in terms of accommodation, advice and training of start-ups during the initial stages of their initiative, to promote their development in the best possible conditions.