Venture capital schemes and significant funding from private investment funds and banks, often set up with specific objectives, support IT-, media- and eBusiness-related projects.
Medium-, long-term loans and equity stakes from the National Credit and Investment Corporation (SNCI) are also available.
Public incentives may complement equity and bank financing and are available for:
- small and medium-sized companies;
- research, development and innovation;
- environmental protection and renewable energies;
- regional areas.
Innovative start-ups can be incubated in publicly owned facilities in order to foster their development.
Support for RDI
Luxembourg offers a full range of custom-made investment incentives designed to give new ventures a head-start and more particularly to foster R&D and innovation.
Aid schemes are notably designed to co-finance technical feasibility studies, the protection of industrial property, organisational innovation and innovation advisory services. Another measure provides co-financing of the expenses associated with the development of young innovative enterprises that are less than six years old. Certain of the schemes provide higher level incentives in order to encourage public-private partnerships and cross-border collaborations.
Financial support may be granted for the funding of specific investment and R&D projects in order to complement equity and banking financing. Medium and long-term loans from the National Credit and Investment Corporation (SNCI) are available at interesting rates. CD-PME, a joint-venture between public and private banks, may also finance innovative projects.
(Source: brochure IP + state-aid-Luxinnovation)