The two main objectives are the following:
The objective of StartupsVsCovid19 is to identify and support Startups with technological solutions / products / services being able to tackle the Covid-19 crisis and its economic, sanitary and societal impact on a global scale.
The grant will cover 100% of the identified need in line with the objectives of the project, with an upper ceiling of 150.000 EUR.
No, the StartupsVsCovid19-grant is a non-refundable financial support measure made available by the Ministry of the Economy according to State aid rules
No, the Startup has to hold all necessary authorisations to operate in Luxembourg in order to get access to the grant.
Proposals will be evaluated on the basis of the award criteria:
Startups are all types of young companies with less than 5 years of existence (Effective date for age assessment: 14.07.2020).
Eligible Applicants are all types of young companies with less than 5 years of existence (Effective date for age assessment: 14.07.2020).
To be eligible for a grant from the Ministry of the Economy, the Participant must have a legal entity and operational activities in Luxembourg.
Yes, the Startup is eligible to apply to the programme if it is currently in the process of creating a legal entity in Luxembourg.
Yes, the programme is open to both local and international Startups, offering technological solutions / products / services that will tackle the Covid-19 crisis and its economic, sanitary and societal impact and would like to establish their business in Luxembourg.
The programme is not exclusively open to Startups in the field of Health or offering medical equipment. The programme targets technological solutions / products / services that will tackle the Covid-19 crisis and its economic, sanitary and societal effects.
The programme targets Startups able to create a direct impact in the current crisis within one of the 3 fields of action indicated above.
No, all kinds of technological solutions / products / services able to create an impact in the current context are welcome to apply to StartupsVsCovid19.
Applicants must have a technology / product that can be used or rapidly adapted to match the call requirements.
Yes, non-profit companies are eligible to apply if they are less than 5 years old.
No, only existing companies are eligible to participate in StartupsVsCovid19.
Yes, companies who are benefitting from short-time work can apply if they are eligible and the status of short-time work can be terminated for any employee restarting his/her working activity for the company.