Innovative start-ups, high-tech SMEs and large international industries are conducting R&D and innovation activities in Luxembourg. The country offers an attractive business climate, active support to research and innovation, research centres that are open to public-private partnerships and much more.
Strong economic performer: Luxembourg has an open, diversified and stable economy with top GDP performance and sound macroeconomic fundamentals.
An easy place to do business: business-oriented regulatory framework with advantageous import and export regulations and rapid company incorporations.
First-rate ICT infrastructure: low latency network connections to the major European internet hubs and ample data centre capacity.
Multinational, highly skilled workforce: staff can talk to global clients in their own language.
Centre of Western Europe: Luxembourg is culturally and geographically close to Europe’s main business capitals, all of which can be reached easily by plane, train or road. As a small country, it is commercially neutral.
Engaged decision-makers: politicians and civil servants are ready to listen and respond to requests, even from smaller firms.
Innovation-oriented research: the public research infrastructure is shaped in partnership with the private sector. Key public research organisations include the University of Luxembourg, the Luxembourg Institute of Science and Technology (LIST) and the Luxembourg Institute of Health.
Access to capital: the government offers R&D and innovation grants, investment aids for SMEs and loans. Private financing can be obtained from business angels, venture capital investors and private banks.
Excellent quality of life: the high-level social security, multilingual education system and safe environment makes Luxembourg attractive to the country’s extensive international community.