How luxinating helps to get brisk
Last year, Luxinnovation supported 891 companies and helped to introduce digital technologies and to strengthen their sustainability through innovation. This is announced by the national innovation agency on Thursday.
« Innovation is more important than ever, it is the key to staying competitive and solving the global challenges, » explains Lex Delles (DP), Minister for Economy, SME, Energy and Tourism. Luxinnovation play a crucial role in doing companies through change and promoting innovations in strategic sectors such as high-tech production, defense, health technologies, cybersecurity and artificial intelligence. « The large number of funded companies illustrates the influence of the agency on the innovation in all companies, even in those that traditionally do not apply as a technology leader, » says Delles.
Innovation is the key to staying competitive.
Lex delles
Minister of Economics, SMEs, Energy and Tourism
The agency wants to focus on small and medium -sized companies next year. The main task of Luxinnovation is to enable companies to be innovative, whereby the services are divided into three main categories: evaluation of the development potential of the company, the production of contacts on relevant partners and support in the search for suitable financing options.
Old and new companies were supported
In the course of the year, 67 companies have passed the « Fit 4 » performance programs in order to evaluate their development potential and to receive tailor-made action plans. The Luxembourg Digital Innovation Hub supported 32 companies in the processing trade in evaluating their digital and cyber maturity and identifying the measures required for successful digital transformation.
Luxinnovation also supported the foundation of 48 new startups in 2024. In the current year, 20 startups took part in the 14th edition of his startup acceleration program Fit 4 Start, and the call Fit 4 Start #15 attracted more than 400 applications from all over the world. The pilotedition of the new program managed by Luxinnovation to promote start-ups in Luxembourg was introduced to specifically support these companies with great potential to refine their processes to expand their market range and to unlock future growth options.
More than 520 contacts Between companies in search of partners and other actors in their ecosystem, luxury was initiated and the submission of 137 European financing applications was supported.
