News

Wednesday 7 July, CNES, the Luxembourg Space Agency (LSA), the European Space Resources Innovation Centre (ESRIC) and Air Liquide signed a Letter of Intent (LoI) confirming their commitment to work together on developing research and technology (R&T) activities.

On Monday 5 July 2021, the Minister of the Economy, Franz Fayot, and the CEO of Luxinnovation, Sasha Baillie, officially launched the platform www.startupluxembourg.com to further improve the visibility of the Luxembourg ecosystem internationally, while facilitating networking.

Following the call for expressions of interest launched in April, the Ministry of the Economy is today launching a call for projects for economic operators wishing to participate in the development of next-generation Cloud infrastructures and services.

On Thursday 29 April, Minister of the Economy, Franz Fayot, participated in the award ceremony of the first Circular by Design Challenge.

The International Organization for Standardization (ISO) has just decided to make the PCDS initiative on product circularity data a future ISO/NP 59040 standard. The initiative launched in 2018 by the Ministry of Economy has thus taken a major step towards becoming an internationally recognised standard.

On Thursday 22 April, Minister of the Economy, Franz Fayot, and Sasha Baillie, CEO of Luxinnovation, presented the 2020 annual report of Luxinnovation.

CATAPULT is a series of Fintech development programs produced in-house by the LHoFT Foundation, Luxembourg's dedicated Fintech hub to drive technology innovation in Luxembourg, connecting the domestic and international Fintech community.

Minister of the Economy, Franz Fayot, announced the launch of a joint call for projects, in partnership with the Fonds national de la recherche (FNR), in the field of health technologies. It is open to companies as well as research and healthcare organisations.

The 3-week digital programme, the first edition of which is scheduled for this summer, will allow 5 Luxembourg startups each year to discover the United States from Wisconsin, so that they can start making business contacts and check whether their product is suitable for the American market

At a conference on March 25, 2021 dedicated to the European digital project GAIA-X, the Minister of Economy, Franz Fayot, launched the Luxembourg regional hub of GAIA-X which will be coordinated by Luxinnovation.

Start-ups in the ICT and Space technology sectors are invited to participate in the 11th edition of Luxembourg's acceleration programme Fit 4 Start. Successful candidates will benefit from 20 weeks of personalised coaching and grants of up to 150,000 euros. Calls are now open until 15 April 2021.

For the third consecutive year, the Luxembourg healthtech sector organised its annual event. This provided an opportunity to take stock of the evolution of a sector that is on the front line in the context of the COVID-19 pandemic.

At a press conference on February 8, 2021, the Minister of the Economy, Franz Fayot, the Minister for the Environment, Climate and Sustainable Development, Carole Dieschbourg, and the Minister for Energy, Claude Turmes, presented the national "Circular Economy" strategy.

On the occasion of a visit to the Technoport in Foetz, the Minister of the Economy, Franz Fayot, signed an agreement on 16 December 2020 with Molecular Plasma Group (MPG) to co-finance the "Virucidal" project for the development and production of innovative surgical masks with virucidal properties.

On 11 December 2020, Franz Fayot, Minister of the Economy, visited Goodyear's new tire facility in Dudelange to see the progress of the tire company's $77 million investment in Luxembourg. Franz Fayot was shown the innovative production process in this highly automated facility before the plant's official opening planned in spring 2021.