START-UP IN
LUXEMBOURG
Jean-Michel LUDWIG
Director Start-Up Support & SME Performance
20/07/2018 - Plug & Play Shibuya

Luxinnovation: a private-publicpartnership
MINISTRY
OF THE ECONOMYCHAMBEROF COMMERCEFEDILCHAMBER OF
SKILLED CRAFTSMINISTRY
OF HIGHER EDUCATION
AND RESEARCH
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Our services

Luxembourg
Entrepreneur
Clustership support
Initiative

Funding
opportunitie • Innovation • Start-up
creation• Businesss
developme • Business• National
accelerationt• Europea • Crossnnsector
cooperatio

Invest in
Luxembourg• Businessdevelopment• Promotion &prospection• Marketing &communication

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Fit 4 Start
Our Flagship program forearly stage Start-Ups

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Targeted Companies
Two categories
Early Stage Start-up locatedin Luxembourg

Later Stage Start-up comingfrom abroad--About 1 Y
Valid prototype
Ready or close to beready for market
validation<5 Y existence
Validated home market
Ready forinternationalisation ofactivities

5Application and Selection Process
3 steps process

Online application

Preselection-

2 calls / Year
Open 4 weeks
Light application (23 p)
Pre-registration for
keeping in touch!

- Luxinnovation and it’spartners (Technoport /HOST) preselectcandidates

07/2018

08/2018-Live pitching sessions
in Luxembourg-

Public Audience (wholeStart-up Ecosystem)
5’ Pitch + 3’ Q&A
Selected candidates
announced during theevening

NEXT INTAKE: November 201809/20186

Launch your ICT start-up in Luxembourg
Private coaches paid by the MECE

16 weeks of “Lean Start-Up”
coaching and follow up-

10 days of intensive coaching
Challenge the entrepreneurs on their
Product / Business Model
Make the entrepreneurs ready for theSteering committees

Partnership with the two incubators in LU
Free access to the co-working
space of an incubator-Technoport: historical partner of LXI
Newcomer: HOST “House of Start-up”

7Launch your ICT start-up in Luxembourg
50K after Selection + 100K for “Graduates”
A grant of up to€150,000-

Selected candidates will access €50K after
successfully completed incorporation
Graduates will access an additional €100K(successful completion of KPI’s & €50K
private fund raising)

10 committed Jury select challenge and help
entrepreneurs
Opportunities to benefit from theoffer of other Luxembourg
start-up support players : Jury’s /Ecosystem-Serial entrepreneurs, investors, corporate
innovation managers…
Allocate and follow KPI’s
1 steering committee / month
Decide on the graduation

8Program Evolution
6th edition
5th edition
4th edition
3rd edition
2nd edition
1st edition
9 applicants
3 projects
2 graduates

2015

100 applicants
5 projects
5 graduates

2016

130 applicants
5 projects
3 graduates

2016

115 applicants
5 projects
4 graduates

2017

106 applicants
5 projects
3 graduates2017

163 applicants
10 projects? graduates201892018: Scale-Up6th Edition:
10 Start-Ups

7th Edition:
15 Start-Ups
Incl. 5 E-Health/
Biotechnology

7th Edition: 9th of July – 27th of August
Budget: 15 X EUR 50k +15 X EUR 100k for “graduates”

Pre-signup at:
fit4start.lu
10Key Partners in the Ecosystem

11Thankyou!

Jean-Michel Ludwig

Director Start-up Support & SME
Performance
LUXINNOVATION GIE
5, avenue des Hauts-FourneauxL-4362 Esch-sur-Alzettewww.luxinnovation.lu
Luxinnovation@Luxinnovation@LuxTradeInvest@Luxinnovation@LuxTradeInvest

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