LUXINNOVATION
The National Agency for
Innovation and Research
Frédéric Becker
20 June 2013
ICT Spring 2013
Table of Contents
1. Presenting of Luxinnovation
1. Overview
2. Luxinnovation Services
3. Start-up Support Services
4. 1,2...
1.1 Luxinnovation – Overview
Luxinnovation is the national agency for innovation and research in
Luxembourg. By working cl...
1.2 Luxinnovation - Services
Information
& guidance
on suitable
funding
mechanisms
Assistance
with the
preparation
of
appl...
1.3 Luxinnovation - Start-up Support Services
Tailor-made support and follow-up
Approximately 150 business ideas, 30 – 35 ...
1.4 1,2,3,GO Business Plan Contest
 1,2,3,GO is an interregional network
 Luxinnovation is the contact point in
Luxembou...
1.5 Seed4Start – Investment forum
EntrepreneursEntrepreneurs InvestorsInvestors
Personal assistance
to help raise
money (t...
1.6 Incubation - Technoport & Ecostart
Technoport S.A.
Founded in 2012
Currently manages two facilities:
 Ecostart (Foe...
2.1 Application Support for Public Aid
Law of 5 June 2009 relating to the promotion of research,
development, and innovati...
2.2 General Eligibility Criteria
Each Project will be evaluated on an individual basis. The following
criteria are the mos...
2.4 R&D Projects or Programmes (1/2)
Evaluation Criteria
Innovative nature of the project
Technological risks (not comme...
2.5 R&D Projects or Programmes (2/2)
Small
Enterprise
Medium
Enterprise
Large
Enterprise
Experimental
Development
45% 35% ...
2.6 Innovation in Processes and Services
What does this consist of?
Organisational innovation: Implementation of a new or...
2.7 Aid for Young Innovative Enterprises (1/2)
Who does this apply to?
Small enterprises, established in Luxemburg and cr...
2.8 Aid for Young Innovative Enterprises (2/2)
To fund what?
This aid aims to cover the funding needs of young innovative...
Thank You
Frédéric Becker
frederic.becker@luxinnovation.lu
Preparing Companies in
Luxembourg for the
Opportunities of Tomo...
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  • ICT Spring 2013
  • ICT Spring 2013
  • Ict spring 2013

    1. 1. LUXINNOVATION The National Agency for Innovation and Research Frédéric Becker 20 June 2013 ICT Spring 2013
    2. 2. Table of Contents 1. Presenting of Luxinnovation 1. Overview 2. Luxinnovation Services 3. Start-up Support Services 4. 1,2,3,GO Business Plan Contest 5. Seed4Start 6. Incubation 1. Public Aid Measures 1. Overview 2. General Eligibility for Aid 3. R&D 4. Innovation in Processes and Services 5. Aid for Young Innovative Enterprises
    3. 3. 1.1 Luxinnovation – Overview Luxinnovation is the national agency for innovation and research in Luxembourg. By working closely with enterprises and research organizations as well as with the authorities in charge of innovation and research related policy, Luxinnovation is at the heart of the national innovation and research ecosystem Our Objectives Increase research and innovation capacities in Luxembourg Foster cooperation between companies and research organizations Promote the dynamic development of research and innovation activities Strong Partnership Ministry of Economy and Foreign Trade Ministry of Higher Education and Research Ministry of Small and Medium Businesses Chamber of Commerce Chamber of Skilled Crafts Business Federation Luxembourg (FEDIL)
    4. 4. 1.2 Luxinnovation - Services Information & guidance on suitable funding mechanisms Assistance with the preparation of applications & support for public decision- makers ACCES TO NATIONAL & EUROPEAN FUNDING START-UP SUPPORT SERVICES INNOVATION MANAGE- MENT, DESIGN, CREATIVITY TECHNOLOGY TRANSFER & PARTNER SEARCH INTELLECTUAL PROPERTY & VALORISATION OF RESEARCH RESULTS LUXEMBOURG CLUSTER INITIATIVE PROMOTION OF RESEARCH & INNOVATION “MADE IN LUXEMBOURG” Analysis of the underlying idea and business plan, access to national business incubators Finding of partners, sourcing of financial support Comprehen- sive training programmes Luxembourg Innovation Master Class Promotion of design & creativity in support of innovation Access to the Technology Market of the Enterprise Europe Network Identificatio n of potential partners & contract initiation Awareness- raising activities and guidance on intellectual property Coaching for the socio- economic valorisation of research results Animation of the BioHealth, EcoInnovati on, ICT, Materials and Space clusters Support for project construction in view of PPP Events Communica- tion tools Luxembourg Portal for Innovation and Research Focus on Research and Innovation in Luxembourg
    5. 5. 1.3 Luxinnovation - Start-up Support Services Tailor-made support and follow-up Approximately 150 business ideas, 30 – 35 new companies incorporated annually Pre-Incorporation Advice in launching activities in Luxembourg Assistance in transitioning from innovative ideas to viable business models Support for business planning (in collaboration with 1,2,3,GO) Incorporation Support during the company set-up process (in collaboration with Chamber of Commerce & Chamber of Trade) Help in finding incubation possibilities (Technoport, Ecostart) Post-Incorporation Partner search Application support for public funding schemes (of the Ministry of Economy and Foreign Trade, Ministry for Small and Medium Businesses) Guidance in finding access to private funding Matchmaking with relevant partners (research centres, industry, technology partners) Additional Link to other Luxinnovation services and departments
    6. 6. 1.4 1,2,3,GO Business Plan Contest  1,2,3,GO is an interregional network  Luxinnovation is the contact point in Luxembourg as well as a founding member of the contest  More than 350 coaches in the network  Entrepreneurs, experienced professionals  All functions and activity domains (industry, energy, biotech, medicine, environment)  Support business plan development  The winner receives a monetary prize for the best business plan as well as media coverage Lorraine (France) Wallonia (Belgium) Grand Duchy of Luxembourg Rhineland Palatinate (Germany) Saar (Germany)
    7. 7. 1.5 Seed4Start – Investment forum EntrepreneursEntrepreneurs InvestorsInvestors Personal assistance to help raise money (training, coaching, conferences) Personal assistance to help raise money (training, coaching, conferences) Selection of the best start-ups in the region Selection of the best start-ups in the region PITCHING DAY 2013 –12 & 13 DecPITCHING DAY 2013 –12 & 13 Dec www.seed4start.org Information Breakfast on July 8th at 8h30 at the Chamber of Commerce
    8. 8. 1.6 Incubation - Technoport & Ecostart Technoport S.A. Founded in 2012 Currently manages two facilities:  Ecostart (Foetz)  Technoport (Belval) Ecostart (Foetz) Consists of 2 buildings in Foetz (with a 3rd opening in 2014) Offices and industrial surfaces Technoport (Belval) Located in Belval, the “city of sciences” Office space, Fablab, co-working space Admission Criteria Innovative activity Viable Business plan Technoport is also a venue for events as «Start-up weekend» and «Apps foundry contest».
    9. 9. 2.1 Application Support for Public Aid Law of 5 June 2009 relating to the promotion of research, development, and innovation in Luxembourg Who do these aids concern? Enterprises established in Luxembourg are eligible However restrictions exists based on size and other criteria Various aid schemes exist, however the following 3 will be addressed in this presentation R&D projects or programmes (1) Innovation in processes and services (2) Aid for young innovative enterprises (3)
    10. 10. 2.2 General Eligibility Criteria Each Project will be evaluated on an individual basis. The following criteria are the most important as to the eligibility for the various aid schemes offered by Luxinnovation Innovative nature of the project Ability to (1) fund the project, (2) provide required cash flow, (3) make use of the project results Return on investment of the project in case of success Incentive effect of the aid scheme
    11. 11. 2.4 R&D Projects or Programmes (1/2) Evaluation Criteria Innovative nature of the project Technological risks (not commercial risks) proving the R&D nature of the project Economic potential (except for fundamental research) Enterprise’s financial capacity in relation to project size To finance what? The eligible costs must be directly associated with the R&D project or programme How much aid? The allowed maximum aid intensity varies according to:  The type of R&D in question (experimental development, industrial research)  The size of the company (SME, large enterprise)  Research collaboration
    12. 12. 2.5 R&D Projects or Programmes (2/2) Small Enterprise Medium Enterprise Large Enterprise Experimental Development 45% 35% 25% Industrial Research 70% 60% 50% Bonus for Collaboration +15% +15% +15% The following details the % of eligible costs that can be covered depending on the size of the enterprise in question: Two Types of R&D Experimental Development Activities aimed at developing new, modified, or improved products, processes, or services (including the creation of prototypes) Industrial Research Research aimed at acquiring new knowledge which is not yet commercially exploitable
    13. 13. 2.6 Innovation in Processes and Services What does this consist of? Organisational innovation: Implementation of a new organisational method in the company’s business practices, workplace organisation or external relations. Process innovation: Implementation of a new or significantly improved production or delivery method. To finance what? The eligible costs are the same as for the R&D projects or programmes, i.e. costs directly associated with the technical feasibility study How much does this aid amount to? The allowed maximum aid intensity varies according to the size of the firm  Small Enterprise: 35%  Medium Enterprise: 25%  Large Enterprise: 15%
    14. 14. 2.7 Aid for Young Innovative Enterprises (1/2) Who does this apply to? Small enterprises, established in Luxemburg and created less than 6 years ago which have high growth potential, during their development phase, and who satisfy one of the following conditions:  That they will, in the foreseeable future, develop new products, processes or services which carry a significant risk of technical or industrial failure OR  That at least 15% of their operating expenses have been used for R&D in at least one of the 3 years preceding the granting of the aid or over the current year
    15. 15. 2.8 Aid for Young Innovative Enterprises (2/2) To fund what? This aid aims to cover the funding needs of young innovative enterprises. The aid is particularly suitable for:  Supporting the enterprise's commercial development  Setting up its infrastructure How much? The aid cannot exceed 1 million Euros The aid can only be awarded once Please note: The three examples provided are not exhaustive; numerous other schemes exist to promote research, development and innovation in Luxembourg
    16. 16. Thank You Frédéric Becker frederic.becker@luxinnovation.lu Preparing Companies in Luxembourg for the Opportunities of Tomorrow

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