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. 1.1 Luxinnovation ā 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
ļ§Increase research and innovation capacities in Luxembourg
ļ§Foster cooperation between companies and research organizations
ļ§Promote the dynamic development of research and innovation
activities
Strong Partnership
ļ§Ministry of Economy and Foreign Trade
ļ§Ministry of Higher Education and Research
ļ§Ministry of Small and Medium Businesses
ļ§Chamber of Commerce
ļ§Chamber of Skilled Crafts
ļ§Business Federation Luxembourg (FEDIL)
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
āMADE IN
LUXEMBOURGā
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. 1.3 Luxinnovation - Start-up Support Services
Tailor-made support and follow-up
Approximately 150 business ideas, 30 ā 35 new companies incorporated
annually
Pre-Incorporation
ļ§Advice in launching activities in Luxembourg
ļ§Assistance in transitioning from innovative ideas to viable business models
ļ§Support for business planning (in collaboration with 1,2,3,GO)
Incorporation
ļ§Support during the company set-up process (in collaboration with Chamber of
Commerce & Chamber of Trade)
ļ§Help in finding incubation possibilities (Technoport, Ecostart)
Post-Incorporation
ļ§Partner search
ļ§Application support for public funding schemes (of the Ministry of Economy and
Foreign Trade, Ministry for Small and Medium Businesses)
ļ§Guidance in finding access to private funding
ļ§Matchmaking with relevant partners (research centres, industry, technology
partners)
Additional
ļ§Link to other Luxinnovation services and departments
6. 1.4 1,2,3,GO Business Plan Contest
ļ§ 1,2,3,GO is an interregional network
ļ§ Luxinnovation is the contact point in
Luxembourg as well as a founding
member of the contest
ļ§ More than 350 coaches in the
network
ļ§ Entrepreneurs, experienced
professionals
ļ§ All functions and activity
domains (industry, energy,
biotech, medicine, environment)
ļ§ Support business plan
development
ļ§ 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. 1.5 Seed4Start ā 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 ā12 & 13 DecPITCHING DAY 2013 ā12 & 13 Dec
www.seed4start.org
Information Breakfast on July 8th at 8h30 at the
Chamber of Commerce
8. 1.6 Incubation - Technoport & Ecostart
Technoport S.A.
ļ§Founded in 2012
ļ§Currently manages two facilities:
ļ§ Ecostart (Foetz)
ļ§ Technoport (Belval)
Ecostart (Foetz)
ļ§Consists of 2 buildings in Foetz (with a 3rd
opening in 2014)
ļ§Offices and industrial surfaces
Technoport (Belval)
ļ§Located in Belval, the ācity of sciencesā
ļ§Office space, Fablab, co-working space
Admission Criteria
ļ§Innovative activity
ļ§Viable Business plan
Technoport is also a venue for events as Ā«Start-up weekendĀ» and Ā«Apps foundry
contestĀ».
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?
ļ§Enterprises established in Luxembourg are eligible
ļ§However restrictions exists based on size and other criteria
Various aid schemes exist, however the following 3 will be
addressed in this presentation
ļ§R&D projects or programmes (1)
ļ§Innovation in processes and services (2)
ļ§Aid for young innovative enterprises (3)
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
ļ§Innovative nature of the project
ļ§Ability to (1) fund the project, (2) provide required cash flow, (3) make
use of the project results
ļ§Return on investment of the project in case of success
ļ§Incentive effect of the aid scheme
11. 2.4 R&D Projects or Programmes (1/2)
Evaluation Criteria
ļ§Innovative nature of the project
ļ§Technological risks (not commercial risks) proving the R&D nature of
the project
ļ§Economic potential (except for fundamental research)
ļ§Enterpriseās financial capacity in relation to project size
To finance what?
ļ§The eligible costs must be directly associated with the R&D project or
programme
How much aid?
ļ§The allowed maximum aid intensity varies according to:
ļ§ The type of R&D in question (experimental development,
industrial research)
ļ§ The size of the company (SME, large enterprise)
ļ§ Research collaboration
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
ļ§Activities aimed at developing new, modified, or improved products,
processes, or services (including the creation of prototypes)
Industrial Research
ļ§Research aimed at acquiring new knowledge which is not yet
commercially exploitable
13. 2.6 Innovation in Processes and Services
What does this consist of?
ļ§Organisational innovation: Implementation of a new organisational
method in the companyās business practices, workplace organisation or
external relations.
ļ§Process innovation: Implementation of a new or significantly
improved production or delivery method.
To finance what?
ļ§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?
ļ§The allowed maximum aid intensity varies according to the size of the
firm
ļ§ Small Enterprise: 35%
ļ§ Medium Enterprise: 25%
ļ§ Large Enterprise: 15%
14. 2.7 Aid for Young Innovative Enterprises (1/2)
Who does this apply to?
ļ§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:
ļ§ That they will, in the foreseeable future, develop new products,
processes or services which carry a significant risk of technical
or industrial failure
OR
ļ§ 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. 2.8 Aid for Young Innovative Enterprises (2/2)
To fund what?
ļ§This aid aims to cover the funding needs of young innovative
enterprises.
ļ§The aid is particularly suitable for:
ļ§ Supporting the enterprise's commercial development
ļ§ Setting up its infrastructure
How much?
ļ§The aid cannot exceed 1 million Euros
ļ§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