START-UPS, YOU’LL NEVER WALK ALONE
To help innovative start-ups to develop their business and turn their idea into a success story, the national innovation agency Luxinnovation offers tailor-made operational and financial support programmes.
Fit 4 Start Programme The programme is open to local early stage start-ups having an MVP in place and being ready to access the Luxembourg market as well as to international startups seeking to expand their business in Europe. Selected start-ups have access to a full range of opportunities offered by the Luxembourg start-up ecosystem: •
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A 16 week start-up programme of coaching and weekly follow-ups by Lean Start-up experts Free access to co-working spaces of business incubators (Technoport, Luxembourg City Incubator) Opportunities to benefit from the offer of other players that support start-ups in Luxembourg A start-up business grant of up to €150,000.
Young Innovative Enterprise grant
RDI grants Companies seeking to launch R&D and innovation activities can benefit from national subsidies, representing up to 50% of eligible project costs. Luxinnovation can help you find the right funding opportunities to support your product and service development. The agency can guide you towards the most suitable public funding means or advise on raising private capital with support from the ecosystem: • • • •
Analysis and identification of the right funding scheme Development of an accurate funding roadmap Support during all phases to obtain funding Introduction to private investors
The Young Innovative Enterprises aid scheme aims to support the growth of (technology-driven) start-ups that can demonstrate market traction and high expansion potential. The aid needs to be matched by a private capital increase of up to €800,000. During the entire application process, Luxinnovation will guide you with: • • •
Verification of eligibility based on defined criteria Business plan and cash flow assessment Review of application before submission
www.luxinnovation.lu start@luxinnovation.lu