After party Chivas Venture Belgium presentation

8. Jean Michel Ludwig
Start up Accelerator
Pierre Marcolini
Owner of
Pierre Marcolini
chocolatier
Michael Van Custem
Social entrepreneur
Piet Colruyt
Business Angel

10. ➢
✓
✓
✓
✓
✓
➢
✓
✓
✓
➢

12. Business Trends
in Luxembourg

13. Capacity to adapt
1839
Agriculture
Emigration
1870
Industrialisation
Steel
1980
Banks
Services
2000
Knowledge
R&D
Yesterday Today Tomorrow…

14. Much more than just a financial center
A dynamic economy
INDUSTRY
MEDIA & E-COMMERCE
LOGISTICS
EUROPEAN INSTITUTIONS
SERVICES

15. Luxembourg Economy by sector
Employment Turnover
(Billion EUR)
Turnover Annual
Growth Rate
(2009 – 2015)
6.600
15.500
44.400
42.000
18.000
850
23.800
32.300
700
2,5
2,9
92,9
3,8
14,2
0,1
4,9
8,7
2,0
3,2%
3,3%
12,1%
5,4%
16,1%
n.a
4,7%
2,6%
9,6% *
*
Manufacturing industry
Space technologies
Automotive
components
Eco technologies
(excluding construction)
Finance & insurance
Healthcare
ICT, media &
e-commerce
Life sciences
Logistics & transport

16. ESCH-BELVAL: Science Park

17. Key
business
sectors
Automotive
Clean
Technologies
ICT, Media &
e-Commerce Life Sciences
Space
Technologies
Finance
Logistics
Manufacturing
Industry Maritime
Creative
Industries Start-ups Skilled CraftsWood

18. Luxembourg Cluster Initiative
Innovation
Business
development
Cross-sector
cooperation
Stronger competitiveness of cluster members
and the Luxembourg economy

19. AutoMobility Cluster
Main focus areas
Automotive Campus
Competence
mapping,
competence creation
Operational excellence Recruitment,
training &
education
Business development

20. BioHealth Cluster
Support Luxembourg’s fields of excellence
Personalised
medicine
Digital
health
Neurodegenerative
diseases
Molecular
diagnostics
Immune-
oncology

21. EcoInnovation Cluster
Circular economy
Identify – Connect – Realise
Sustainable cities &
Smart technologies Sustainable mobility

22. Flagship projects
National Composite Centre
Industry-oriented
collaborative research
Additive Manufacturing
Centre
Key technology priority

23. Flagship projects
23
Connected Mobility
Cross-border testbed Luxembourg –
France – Germany
Simulator project
Driving simulator for developing cars
and car components

24. Flagship projects
24
PlastiPET
Competitive value chain for
plastic bottle recycling
City Hotspot Wiltz
Implementing the circular
economy

25. A VIBRANT START-
UP ECOSYSTEM

26. Linking the Start-up
Ecosystem (Not
Exhaustive View)
Private Accelerator
Non-profit Incubator
Corporate
Incubator/Accelerator
Sectoral

27. Pre-Seed
€200 – 500K
Start-up
1st VCRound
Growth
2nd VC Round
€1 – 5M €5 – 10M
ExpansionSeed
€10 – 50M
Seed Fund
Aids for ICT
start-ups
Private
Actors
Public
Actors
LFF
€50 – 200K
Improving the financing ecosystem for ICT start-ups in Luxembourg
JEI AID
Max €800K
Digital Tech Fund
Luxembourg Future Fund
Start-up Financing
Ecosystem
€50K + €100K
Ministry of the Economy State aids for R&D
Family
Offices

28. LFF mission: support innovative SMEs
Purpose:
Diversification and sustainable development of the Luxembourgish economy
Attract innovative businesses in their development phase
Indirectly develop the Luxembourgish venture capital ecosystem
Luxembourg Future Fund split into 3 compartments:
Co-investments with VC Funds
Co-Investments with Business Angels & Family Offices
Venture Capital Funds
Example:
€20 million commitment to Paladin European Cyber Fund
Luxembourg Future Fund
(120 mio €) (30 mio €)
 LFF
(150 mio €)

29. 29
Some of promising companies
Health
Tech
Creative
Industry
EcoTech
Space
FinTech
Indu
Tech
(e.g.
Industry
4.0)
ICT
(Big Data / AI/Telco
Cyber)

30. Thank
you!
www.luxinnovation.lu
Luxinnovation
@Luxinnovation
@InvestinLux
@Luxinnovation
@Invest_in_Lux
30
Jean-Michel LUDWIG
Director
LUXINNOVATION GIE
5, avenue des Hauts-Fourneaux
L-4362 Esch-sur-Alzette
T (+352) 43 62 63 - 873
M (+352) 621 138 170
jean-
michel.ludwig@luxinnovation.lu

32. ²
FundingSupportingOrienting

44. 44
SME: POLYGONE

45. LE: BGL BNP Paribas – LuxFuture Lab

46. START-UP: Leko Lab: sustainable construction

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