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Luxinnovation is an organisation that contributes to the economic development of Luxembourg by fostering innovation, fuelling international growth and attracting foreign direct investment.
|Legal Status||Economic Interest Grouping (EIG)|
|Languages||French, German, English and Luxembourgish|
Luxinnovation’s mission is to strengthen national business through innovation and to promote Luxembourg business abroad (import-export). This we do by focussing on impact and generating real client value.
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
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 offers a grant of €50.000 equity free to selected projects operating in the ICT.
- "FIT4START: LAUNCH OF A NEW STATE SUPPORT PROGRAMME FOR ICT START-UPS". luxembourgforfinance.com. luxembourgforfinance. Retrieved 15 June 2018.