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National Funding for Companies

Research, development and innovation (RDI) projects from private companies legally registered in Luxembourg can benefit from several National aid schemes and measures.

Law of 5 June 2009 relating to the promotion of research, development and innovation

The  law of 5 June 2009 relating to the promotion of research, development and innovation extends the possibilities for financial support to companies who launch innovation activities. The law allows the granting of specific RDI support according to the following aid schemes and measures:

An innovation and R&D support scheme for Small and Medium-Sized Businesses aims to support such companies in their innovation activities.

Medium and long-term loans can be granted to industrial enterprises and service-providing companies by the Société Nationale de Crédit et d'Investissement (SNCI).

 

Personalised Assistance

Luxinnovation, the National Agency for Innovation and Research, offers tailor-made support at all stages of innovation and research projects and activities. Building on its long experience, Luxinnovation provides customised services for enterprises and entrepreneurs to assist them during each phase of project preparation by helping them to:

  • Identify individual funding needs;
  • Guide them to the appropriate funding scheme,
  • Support them in preparing the application files

A specific support team is put in place for each project, associating expertise from the BioHealth Cluster operational team and expertise in National Funding tools in order to maximise the opportunities for turning good ideas into successful projects or innovative approaches.

Do you have a project idea? Do not hesitate to contact us !