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The new tagline highlights both:

  • the agency’s long-term objectives of fostering innovation and fuelling the international growth of Luxembourg companies
  • its new key role in promoting the Luxembourg economy at the international level and attracting foreign direct investment.

Luxinnovation thus reinforced its activities by launching sector-specific business development strategies supported by market intelligence expertise and extensive marketing and communication efforts.

Objectives exceeded

During our last performance contract, concluded with its stakeholders for 2014-2017 (the Ministry of the Economy, the Ministry for Higher Education and Research, the Chamber of Commerce, the Chamber of Skilled Crafts and FEDIL – The Voice of Luxembourg’s Industry), Luxinnovation largely exceeded the objectives set up and developed its support programmes for national companies, in particular small and medium-sized enterprises (SMEs).

Since 2014, 62 small and medium-sized enterprises (SMEs) have participated in the performance programmes Fit 4 Innovation, Fit 4 Circularity and Fit 4 Growth. The Fit 4 Start programme, launched in 2015, has attracted over 600 applications from more than 30 countries. 25 ICT start-ups have participated in the first five editions and 17 have graduated with success. In total, Luxinnovation’s start-up team supported not less than 250 innovators and ventures.

Two new clusters

The Luxembourg Cluster Initiative pursued its development with more than 300 new members, and extended its activities with the launch of two new clusters: Creative Industries and Wood, joining the already existing five (Automobility, Biohealth, Eco Innovation, ICT, Materials & Manufacturing) managed by Luxinnovation.

With the support of these clusters, a number of partnerships, R&D collaborations and company-to-company introductions were done.

European and national funding

Luxinnovation intensified its support to organisations applying for funding from the EU’s framework programme for research and innovation, Horizon 2020. The expertise provided by the agency helped Luxembourg organisations obtain a total of €72 million of Horizon 2020 funding since 2014.

At the national level, Luxinnovation helped 90 RDI (research, development and innovation) and environmental protection projects, implemented by 70 companies, to obtain state support.

The 2017 edition of Luxinnovation’s annual report provides further details on the major events and key figures of the year. It also includes several portraits of client companies that testify of how they have benefited from the support provided by the agency during the year.

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"Creatives are key players in this period"

24-09-2020

The manager of the Luxembourg Creative Industries Cluster is optimistic about the resilience of the players in the sector.
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"Defining the contours of the major challenges that await us"

22-09-2020

The manager of the Luxembourg CleanTech Cluster explains how his cluster is committed, alongside companies, to defining solutions oriented towards sustainable development.
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Making the economy more circular with wood

21-09-2020

The forest/wood sector is facing many challenges that go far beyond the health crisis linked to COVID-19. But ideas and know-how for how to overcome them abound.
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LIST: Towards greener hydrogen

18-09-2020

In partnership with the French company 3D-Oxides, the Luxembourg Institute of Science & Technology (LIST) is working on a research project designed to make hydrogen production easier, cheaper and more environmentally friendly.
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Webinars on the new “COVID” state aid

11-09-2020

At the initiative of the Ministry of the Economy and Luxinnovation, three webinars (in French, Luxembourgish and English) provided a better understanding of the law of 24 July 2020 aimed at stimulating business investments in the COVID-19 era.
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