Launched in 2015 by the Ministry of the Economy, Fit 4 Start is the national reference programme for supporting early stage start-ups. Start-ups benefitting from the programme, established in Luxembourg or another country, including outside the European Union, are selected twice a year. Managed by Luxinnovation with support from the Ministry of the Economy, the Fit 4 Start programme is opening its next call for candidates for national and international startups on Monday 9th December. The next edition of Fit 4 Start is aimed at young innovative companies active in the information and communication technologies sector (ICT) as well as the space technology sector. Registrations can be made online up until 20th January 2020 at 12.00 hours (midday Luxembourg time).
A pre-selection is carried out on the basis of the applications received. Candidates who are pre-selected will be notified on 3 February 2020. The pre-selected startups then meet for a 'pitching' session organised during the 'Pitching and Graduation day' which will take place on 26th March 2020 in Luxembourg City. 10 ICT and 5 space technology start-ups will be selected by an international jury to take part in the 10th edition.
Fit 4 Start offers to the 15 startups finally selected a grant of 50.000 Euros, personalised and intensive coaching as well as free co-working space during 4 months at one of two incubator partners, Technoport and the Luxembourg City Incubator. An additional grant of 100.000 Euros is awarded by the Ministry of the Economy to startups which have successfully completed the programme and which have managed to raise at least 50.000 Euros in private capital.
Press release by the Ministry of the Economy and Luxinnovation