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Startups are a vital driver for the development of a country’s economy, the creation of new jobs and the promotion of innovation. According to a report by the Idea Foundation, the number of new companies has grown steadily in Luxembourg from 2003 to 2014.

The startup rate increased from 9.1% in 2003 to 9.7% in 2014. This rate is considerably higher than in Germany (7%) and Belgium (5%) and similar to the rate in France (9.9%), though it falls short of the leading countries in this field, such as the United Kingdom (14%) and Denmark (11%).

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Reshaped "Fit 4" performance programmes and 2021 Annual Report presented

16-05-2022

Minister of the Economy Franz Fayot and Sasha Baillie, CEO of Luxinnovation, presented the reshaped “Fit 4” performance programmes, which offer companies the opportunity to benefit from expert advice and public subsidies in order to improve the overall performance of their activities linked to innovation, sustainability and digital transformation.
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Fit 4 Start acceleration programme: 20 startups selected

16-12-2021

The 20 startups selected for Fit 4 Start #12 were chosen from a total of 214 applications coming from 42 countries. For this 12th edition, an additional category, focused on HPC and data analytics, has been added to the 3 traditional verticals ICT, healthtech and space.
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Fit 4 Start #11: 15 companies selected

02-06-2021

15 start-ups from 8 different countries have been selected for participation in the 11th edition of the Fit 4 Start acceleration programme. They will benefit from 6 months of coaching, pre-seed funding and networking activities aimed at facilitating the market launch of the products and services developed by the participants.
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Fit 4 Start is back! Calls for applications are now open

15-03-2021

Start-ups in the ICT and space technology sectors are invited to participate in the 11th edition of Luxembourg's acceleration programme Fit 4 Start. Successful candidates will benefit from 20 weeks of personalised coaching and grants of up to €150,000. The calls are now open until 15 April 2021.
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Thank you startups!

19-06-2020

Hard hit by the COVID-19 crisis, Luxembourg startups also demonstrated their ability to find innovative solutions to respond to the health, economic and social needs. Startup Luxembourg made a video to thank them.
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