Luxembourg is strategically located at the heart of Europe and is referred to as “the gateway to the European market”. Its history has given the country a great agility to adapt to the challenges and the changing economic environment which -along with a real accessibility to decision-makers- is highly appreciated by young and innovative companies from abroad.
Historically, this ecosystem has developed under the impetus of the public sector, with the establishment of the first incubators such as Technoport in 1998. Since then, the start-up landscape has been consolidating through various public and private initiatives leading to the development of a complete ecosystem dedicated to the creation and acceleration of innovative start-ups. In addition to hosting facilities, Luxembourg offers a wide range of support services for young entrepreneurs, including those provided by Luxinnovation, the House of Startups and the Luxembourg House of Financial Technology (Lhoft), in a context where the ambition of the country is to implement a data-driven and sustainable economy.
Fit 4 Start participants become part of a vibrant and international community of startups that often use Luxembourg as a launchpad for reaching European and global markets.
“Luxembourg is a great place for startups because it is centrally located in Europe and you have easy access to international customer bases and can expand quite quickly abroad.”
Diego Di Biasio, CEO of Technoport