support for innovative start-ups by luxinnovation

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Frédéric Becker Head of Start-up Support Luxinnovatio n

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  • 1. Frdric Becker Head of Start-up SupportLuxinnovation

2. NetworkingGrowth phase Incorporation Pre-startup SUPPORT FOR INNOVATIVE START-UPS 3. SUPPORT FOR INNOVATIVE START-UPS PRE-START-UP SUPPORT Advice in launching activities in Luxembourg for foreign companies Assistance in turning ideas and research results into viable business models Support for business planning 2 NetworkingGrowth phaseIncorporationPre-startup Access a network of over 400 coaches Gain visibility in the Greater Region 1,2,3,GO business plan contest 4. SUPPORT FOR INNOVATIVE START-UPS SUPPORT DURING INCORPORATION Support during the company set-up process (in collaboration with Chamber of Commerce & Chamber of Trade) Help in finding incubation possibilities 3 NetworkingGrowth phaseIncorporationPre-startup The national incubator provides office space, co- working space, a FabLab and industrial halls Technoport 5. SUPPORT FOR INNOVATIVE START-UPS SUPPORT FROM START-UP TO GROWN- UP Partner search (research centres, industry, technology partners and large enterprises) Guidance in finding access to private funding (BA and VC) Support for public funding schemes (next slide) 4 NetworkingGrowth phaseIncorporationPre-startup Individual assistance in finding investors and coaching to pitch your idea Seed4Start 6. SUPPORT FOR INNOVATIVE START-UPS Luxinnovation supports companies to apply for public funding: Subsidies for R&D/Innovation are granted by the Ministry of Economy for companies with substantial activities in Luxembourg; Subsidies always cover a part of a project based on real costs. Own funds have to co- finance the remaining; R&D/Innovation schemes can co-finance the development of innovative products; A dedicated scheme can co-finance the cash-flow need of a start-up during its growth phase by matching equity investments. 4 NetworkingGrowth phaseIncorporationPre-startup PUBLIC FUNDING 7. SOCIAL MEDIA 5 SUPPORT FOR INNOVATIVE START-UPS THEMATIC EVENTS Start-up Luxembourg, group 1200 members www.start-up.lu @startuplu 200 followers NetworkingGrowth phaseIncorporationPre-startup 8. 6 START-UP SUPPORT FACTS OVER 33 NEW START- UPS 2013 40 START-UP PROJECTS GRANTED 18,6 MILLION 2013 OVER 250 INNOVATIVE IDEAS 2013 OVER 200 PARTICIPANTS AT 2nd START-UP NETWORKING EVENT 1200 MEMBERS WITHIN THE START- UP LUXEMBOURG LINKEDIN GROUP 9. THANK YOU 7, rue Alcide de Gasperi > L-1615 Luxembourg T (+352) 43 62 63 - 1www.luxinnovation.lu www.start-up.lu