News

Luxembourg launches unprecedented economic stabilisation programme

In response to the economic challenges arising from the coronavirus crisis, the Luxembourg government announced on 25 March 2020 the launch of a massive stabilisation programme for the national economy. Measures for a total of €8.8 billion will help companies face the immediate shortage of cash and maintain employment.
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Fit 4 Start - Edition #10 postponed

Luxinnovation and the Luxembourg Ministry of the Economy regret to announce the postponement of the spring 2020 edition of the Fit 4 Start programme.
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A brand for an innovative ecosystem

To cement its position as an attractive location for start-ups, Luxembourg relies on easy access to support, major international players and public authorities and administrations. At the same time, the country is a clear gateway to the European market.
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No graduation ceremony for Fit 4 Start, but the pitches are maintained

Due to the risks linked to the spread of COVID-19, Luxinnovation has decided to cancel the Fit 4 Start Pitching & Graduation Day which should have been held on 26 March 2020 at Kinepolis in Luxembourg-Kirchberg.
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A multitude of challenges

Funding is often seen as the key to unlock a start-up’s ability to expand but it takes more than that. Fit 4 Start, Luxembourg’s acceleration programme managed by Luxinnovation, offers high-quality coaching to put start-ups with high potential on the road to success.
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Luxembourg becomes first country with free public transport

If you have to go from one business meeting to another or from the airport to your hotel, there is no need to worry about where to buy your ticket or how much you need to pay. On 1 March 2020, Luxembourg became the first country in the world to make all public transport free of charge.
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Local door openers for business

Facilitating global trade is a key focus of the different players in Luxembourg’s diplomatic and economic network. Its members work hand in hand to ensure that doing business with and from Luxembourg is easy, transparent, and brings with it numerous advantages.
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Circuit Foil to invest €36.5 million in Luxembourg production facilities

Copper foil manufacturer Circuit Foil will invest €36.5 million to increase the production capacity of its facilities in Wiltz in northern Luxembourg. A new building will house new machines as well as around 20 additional jobs.
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Luxembourg among top 10 locations for European expatriates

Luxembourg ranks 9th in a recent listing on cities offering the best quality of life for Europeans abroad. The city thus keeps its place in the top 10 list.
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University and start-up to work on in-orbit satellite repairs

The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement with the space start-up LIFT ME OFF. The cooperation provides crucial research support for tackling future needs of autonomous in-orbit satellite repairs.
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Financing the cleantech transition

Adequate financing is crucial for the transition to a sustainable, environmentally friendly economy, and one of the central topics that will be discussed at the 2020 Cleantech Forum Europe in Luxembourg on 18-20 May 2020. Luxembourg is a leading centre for green and sustainable finance. Key players will participate in the forum to share their experience and establish new partnerships.
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Enabling the wide-scale transformation of mobility

Several unique test sites in Luxembourg are open to companies that develop next-generation mobility solutions for the European market.
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Luxembourg remains one of the top global destinations for startups. With a high quality of life, a primary gateway into the European markets and institutional startup assistance like the program Fit 4...
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Valuu.io: an online guide for investors

After graduation from the Fit 4 Start programme in 2019, Valuu.io launched its first commercial offer, an investment support platform, at the beginning of this year.
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Startup World Cup 2020

  The regional semifinal for the Startup World Cup took place on February 6th in Luxembourg City. The winner of the 2020 edition – Highside – will represent Luxembourg and the Great...
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Luxembourgish Co-Production 'Yalda' Wins World Cinema Dramatic Prize

Yalda, a Luxembourgish co-production has won the World Cinema award at the 2020 Sundance Film Festival. The film, a Luxembourgish-Iranian-French-German-Swiss production, was co-produced by Amour Fou. ...
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Luxembourg among the world’s 10 least corrupt countries

Luxembourg ranks 9th among the 180 countries and territories studied in the 2019 of the Corruption Perceptions Index.
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Luxembourg 8th in 2020 Global Talent Competitiveness

Luxembourg gains two places in the 2020 edition of the Global Talent Competitiveness Index. The country in particular stands out for its ability to attract and retain talent.
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A base for expansion

The originally German software developer SportMed is specialised in digital health assessments. After its move to Luxembourg in 2015, the company is benefitting from its new base to expand its product portfolio as well as its international network of clients and distributors.
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ExoAtlet on the road to certification in Europe

The start-up of Russian origin, spotted by Luxinnovation and hosted at Technoport, is preparing to sell its exoskeletons on the European market.
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Meet the decision makers (5/5): Genna Elvin

New Zealander Genna Elvin loves the multicultural environment of Luxembourg. The co-founder of Tadaweb runs her start-up from the City of Sciences in Belval.
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Transforming supply chain services

Digitalisation strongly impacts logistics operations and supply chain management. For many of the leading companies in this field, it challenges the traditional way of working but also opens completely new opportunities to create value and improve competitiveness.
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Fit 4 Innovation: a successful programme

Launched in 2014, the Fit 4 Innovation programme managed by Luxinnovation enables companies, especially SMEs, to find the resources they need to launch innovation activities and to optimise their organisation.
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Meet the decision makers (4/5): Marie-Hélène Massard

For the past 8 years, Marie-Hélène Massard has been the CEO of Luxembourg insurance firm AXA. She values the collaboration between the public and the private sectors that stimulates business development.
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The digital future

Globalisation has largely influenced the operations of logistics service providers for decades. Today, it is time for them to embark on the journey of digital transformation.
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Artificial intelligence for the benefit of all

In May 2019, the Luxembourg government presented its strategic vision for artificial intelligence. The main priority of the Prime Minister and Minister for Digitalisation is to ensure that this extremely powerful technology will bring advantages to everyone.
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Luxembourg partnership to develop innovative, EU-wide genome data services

Luxembourg start-up Megeno S.A. and the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement on the development of user-centred, transparent and secure genome data services. The objective is to develop a framework enabling the implementation of secure, trustworthy services.
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Luxembourg invests in fund for space technologies

Together with public and private partners, the Luxembourg government has invested in Orbital Ventures, an investment fund targeting early stage companies in the space sector.
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