Luxinnovation

Luxinnovation is the Luxembourg national innovation agency. It encourages and supports companies to innovate and to grow, whilst facilitating their collaboration with public research players. Luxinnovation offers a wide portfolio of services to companies and public research actors in order to foster innovation, thus supporting the Government's economic development objectives.

Luxinnovation
Legal StatusEconomic Interest Grouping (EIG)
Established1984
LocationEsch-Belval, Luxembourg
CEOSasha Baillie (since May 2018)
LanguagesFrench, German, English and Luxembourgish
URLwww.luxinnovation.lu

The agency also ensures that Luxembourg continues to attract international investment, companies and skills that are a perfect fit for the country.

History

Founded in 1984, Luxinnovation is an Economic Interest Grouping (EIG) that, since 1998, has combined the efforts of:

  • the Ministry of the Economy
  • the Ministry for Higher Education and Research
  • the Luxembourg Chamber of Commerce
  • the Chambre des Métiers
  • Fedil

Startup support[1]

In an effort to foster the local entrepreneurial ecosystem in the technological field, in 2015 Luxinnovation launched its first startup accelerator Fit for Start, that now offers a grant of €150,000 equity free to selected projects operating in the ICT.

Company relations and support / Cluster initiative[2]

Luxinnovation's cluster managers build and reinforce networks amongst companies and public research organisations to foster collaboration and to set up joint projects in the field of innovation. Through the services it offers, the agency helps companies to develop and to remain competitive through innovation.

Funding support[3]

Expert advisors provide guidance to companies with regard to national and European research and development funding opportunities that best suit their RDI strategy. Luxinnovation advises on the most appropriate instruments and programmes and supports companies preparing funding applications.

Company performance programmes[4]

Luxinnovation offers different types of programmes to encourage and support companies to innovate and grow taking into account their specific needs: - Fit 4 Digital – Supports the digitalisation of SMEs. - Fit 4 Innovation – Improves the competitiveness of SMEs by strengthening their organisational performance. - Fit 4 Circularity – Evaluates the potential of a company to apply circular economy concepts. - Fit 4 Service – Aims at improving customer satis¬faction and customer experience.

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References

  1. "New opportunity to accelerate your business with Luxembourg's Fit 4 Start programme". Luxinnovation. Retrieved 7 December 2018.
  2. "Luxembourg Cluster Initiative". Luxinnovation. Retrieved 7 December 2018.
  3. "Funding opportunities". Luxinnovation. Retrieved 7 December 2018.
  4. "Performance programmes". Luxinnovation. Retrieved 7 December 2018.



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