News

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.

Promoting sustainable growth and mitigating climate change are major priorities in both Korea and Luxembourg. Cleantech is one of the priority sectors of Luxembourg's data-driven innovation strategy, and the Korean government is actively supporting companies in the fields of smart mobility and green technologies.

The Ministry of the Economy and the FNR have launched a call for proposal, in order to define a business model for the creation of Luxembourg's first bioincubator aimed at hosting private startups, public research spin-offs and innovative companies exclusively from the HealthTech sector, while fostering their interaction and collaboration with biomedical public research.

The University of Luxembourg and the Ministry of the Economy announce the creation of an academic Chair in Digital Procurement. The Chair will be hosted at the University's Centre for Logistics and Supply Chain Management (LCL) of the Faculty of Law, Economics and Finance and will train Master students in the use of new technologies and computer science in procurement.

The Ministry of the Economy of Luxembourg just launched phase two of the development of an international standard. It provides information on the circularity of products to all stakeholders involved along their value chains.

Minister of the Economy Franz Fayot announced the extension of the Fit 4 Resilience strategic recovery programme, initiated by the Ministry of the Economy and managed by Luxinnovation, until 31 December 2021.

Luxembourg just entered a strategic partnership with the European Space Agency (ESA) to create a "European Space Resources Innovation Centre", called ESRIC in abbreviated form.

The Luxembourg Space Agency (LSA) and the Luxembourg Institute of Science and Technology (LIST) appointed Mathias Link as the Director ad interim of the European Space Resources Innovation Centre (ESRIC).

Minister of the Economy Franz Fayot and Sasha Baillie, CEO of the national innovation agency Luxinnovation, announced on Thursday 15 October the names of the 20 start-ups that have been selected for participation in the 10th edition of the Fit 4 Start acceleration programme.