News
Two New Programs For Startups With Supercomputing Needs
20-09-2023
Initiate and Cashback 80% are two innovative programs supporting startups in leveraging the power of Luxembourg supercomputer MeluXina, providing them with the necessary tools and resources to unlock ...
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Startup Program for space resources utilization announces 3rd cohort
13-09-2023
Launched in 2021, the Luxembourg-based Start-up Support Program is the first worldwide incubation program, entirely dedicated to the field of space resources utilisation. Now in its third edition, Eur...
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“Luxembourg exceeds my expectations”
12-09-2023
Korean start-up Posture AI addresses a common health problem: backpain. After developing its artificial intelligence solution using smart posture devices from its base in South Korea, the company has now chosen Luxembourg as its base for targeting the European market and moving forward with the data dimension of its products and services.
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Toronto International Film Festival honours Vicky Krieps with the Tribute Performer Award
06-09-2023
The Toronto International Film Festival (TIFF) award recognizes Luxembourg actress Vicky Krieps’ outstanding body of work. Krieps, who has established a career of playing a wide range of roles, is b...
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Asteroid Day 2023: Big Success in Luxembourg and more than 400 Events Worldwide
06-09-2023
Asteroid Day 2023, introduced two new flagship events in Luxembourg: Asteroid Day Space Lecture and the Asteroid Day Festival. The response was overwhelming, with participants of all ages joining. Ast...
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NASA Space Apps Challenge comes to Luxembourg
06-09-2023
The NASA International Space Apps Challenge is a hackathon for coders, scientists, designers, storytellers, makers, technologists, and innovators around the world to come together and use open data fr...
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Minister of Finance launches Luxembourg Gender Finance Task Force
06-09-2023
Yuriko Backes, Minister of Finance, announced the launch of the Luxembourg Gender Finance Task Force, to support, drive and stimulate gender finance in the Luxembourg financial center. The task force...
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New law introduced in Luxembourg to facilitate the hiring of skilled labour
05-09-2023
The new law simplifies the hiring of non-EU nationals and grants family members of third-country nationals holding a residence permit access to the labour market as soon as they arrive in Luxembourg.
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"Supporting the development of the start-up ecosystem in Luxembourg"
24-08-2023
Minister of the Economy, Franz Fayot, discusses the recent startup roadmap “From Seed to Scale” designed to support the ecosystem's continuous expansion as it navigates a new phase of maturity.
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Inflation in Luxembourg continues to rank among the EU’s lowest
22-08-2023
Luxembourg recorded the second lowest annual inflation rate in the EU, according to the latest July figures shared by the statistical office of the European Union, Eurostat.
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Schueberfouer: Luxembourg’s biggest funfair and unique cultural experience
17-08-2023
Schueberfouer, the biggest funfair in Luxembourg and the surrounding Greater Region, attracts millions of visitors from near and distant corners of Europe and the world annually. The history of this spotlight event is as intriguing as its unique cultural offering in Europe.
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Breakthrough towards more efficient and cheaper solar cells
10-08-2023
A recent breakthrough research from LIST (Luxembourg) and EPFL /Switzerland), successfully demonstrates the capacity of solar cells to surpass the crucial threshold of 30% energy efficiency. Crossing ...
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International Climate Finance Accelerator (ICFA) Luxembourg has announced its latest cohort
09-08-2023
ICFA, the public-private partnership set up in 2018 creates an attractive and supportive environment for innovative, high-impact climate finance fund managers.
The 2023 cohort members are:
Annycent C...
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Winners of "Astronaut for a day" youth competition
08-08-2023
As part of its 5th anniversary celebrations, the Luxembourg Space Agency (LSA) organized the national “Astronaut for a day” competition, enabling 35 high school students to experience a we...
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Seattle's payment firm Convera set up European HQ in Luxembourg
07-08-2023
US payments firm Convera has set up its European headquarters in Luxembourg. The American company Convera was created in 2021 when Goldfinch Partners and The Baupost Group took over the activities of ...
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Revolutionary Breakthrough for Slowing Down Leukaemia
07-08-2023
Cutting-edge research in Luxembourg: A Drug Slows Down Leukaemia Progression by Blocking Cancer-Causing Genes
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CO2 emissions drop by -12% in Luxembourg: second best record in the EU
03-08-2023
Eurostat’s latest estimates indicate that in 2022, the EU collectively achieved a 2.8% decrease in CO2 emissions from fossil fuel combustion compared to the previous year. Luxembourg recorded the second biggest reduction in CO2 emissions among EU countries.
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Luxembourg’s passport remains one of the best in the world
21-07-2023
According to the most recent global ranking by the Henley Passport Index, the Grand Duchy of Luxembourg's passport remains one of the world's strongest with easy access to 189 destinations worldwide.
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Understanding the market: the number 1 success factor
17-07-2023
What is the main key to success for mobility innovators targeting Europe? Luxembourg smart mobility expert Joost Ortjens and Daphna Brunshtein-Frucht from the Luxembourg Trade & Investment Office in Tel Aviv speak about the importance of understanding the complex European market and investing in having people on the ground who can work together with multiple customers and optimise technology products to meet clients’ real needs.
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“A future-oriented strategy”
11-07-2023
Japan’s ambassador Tadahiro Matsubara took up his appointment in Luxembourg in October 2022 and has already gained a good insight into the Grand Duchy’s economy and business environment. We had the privilege of speaking to him about what Luxembourg can offer Japanese companies and about his experience of interacting with the local ecosystem.
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Luxembourg: International, connected, open for business
10-07-2023
A great number of international start-ups, supported by the Luxembourg Trade & Invest network abroad, benefitted from tech event ICT Spring 2023 to explore Luxembourg as their springboard to Europe. We spoke to some of them about their first impressions of the Grand Duchy and how they envisage their future in Europe.
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Enjoy the Luxembourg summer by bike
10-07-2023
Biking is one of the most popular sports in Luxembourg and an excellent means for discovering the beautiful landscapes and hidden gems to be found all over the country. Between 29 July and 27 August 2023, 12 different “Vëlosummer” routes covering more than 500 kilometres in 58 towns and villages will be available for cyclists to explore the country in complete safety.
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Infinite Reality announces ground-breaking metaverse innovation at Luxembourg tech event
04-07-2023
On 29 June 2023, John Acunto, CEO of global metaverse entertainment and innovation leader Infinite Reality announced a pioneering solution that will be released in the next few weeks: a tool that enables anyone to create their own metaverse. The announcement was made at tech event ICT Spring in Luxembourg, where the company is creating its hub for growing business across Europe.
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Luxembourg startups capture the attention of foreign delegations
03-07-2023
Delegates from around 15 countries met on 28 June 2023 with Luxembourg startups, incubators, investors, research and business institutions ahead of the ICT Spring conference. They also got an insider's view of what makes the Grand Duchy so appealing to international companies.
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10 start-ups graduated from Fit 4 Start #13 and calls are now open for Fit 4 Start #14
30-06-2023
The Graduate Showcase 2023 of the Fit 4 Start programme highlighted 10 start-ups. The calls are now open for Fit 4 Start #14.
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Luxembourg 8th most attractive European country for foreign direct investment
19-06-2023
11% of investors rank Luxembourg as one of the top three countries in Europe that are most attractive for foreign direct investment according to the EY’s Luxembourg Attractiveness Survey 2023. While investment is primarily driven by the financial sector, the digital economy is expected to be a significant driver of growth.
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New capital injection into Luxembourg's Digital Tech Fund
16-06-2023
On 15 June 2023, Minister of the Economy Franz Fayot announced that the Luxembourg state is investing alongside a group of investors in the creation of a new compartment of the Digital Tech Fund. The aim is to continue responding to the funding needs of innovative companies in their start-up phase and further consolidate the development of the Luxembourg start-up ecosystem.
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Luxembourg Open Assessment Technologies entry into the US market
16-06-2023
Consul General Daniel Da Cruz and Open Assessment Technologies (OAT) co-founder Marc Oswald met at our San Francisco office to talk about the impressive journey of its TAO platform and Luxembourg̵...
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Luxembourg panelists at the Colorado School of Mines Space Resources Roundtable
15-06-2023
Luxembourg was part of the Colorado School of Mines Space Resources Roundtable this year!
✔️Bob Lamboray, Luxembourg Space Agency, talking about recent SpaceResources.lu developments
✔️ Lari ...
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Luxembourg battery upcycling startup joins Startup World Cup final
15-06-2023
Luxembourg battery upcycling startup Circu Li-ion joins the Startup World Cup final in San Francisco on Dec 1 to compete for 1 million USD investment from Pegasus Ventures.
Circu Li-ion was among ten...
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