Young innovative enterprises may be eligible for financial aid in the form of grants, repayable advances or equity contributions. The financial aid serves to cover part of the eligible costs and the cap varies depending on whether the business is located in an assisted area or not.
Applications for aid must be submitted using the online assistant available on MyGuichet.lu. Luxinnovation can provide help to set up your projects.
The financial aid is intended for private enterprises and research organisations established in Luxembourg that meet all of the following conditions:
In the case of eligible enterprises for which registration is not compulsory, the 5-year eligibility period can be considered as starting:
Private enterprises and research organisations have to meet the terms and conditions that apply to all types of aid for research, development and innovation.
All costs borne by the young innovative enterprise are eligible for the duration of the project.
The aid application for young innovative enterprises is to be submitted using an online assistant available on MyGuichet.lu.
The person submitting the application (the applicants themselves or their representatives) must have a LuxTrust product (e.g. Token, Smartcard or Signing Stick) or an electronic identity card.
The application must be submitted before the commencement of the work.
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Two scenarios are possible:
The application for aid must namely include the following information and documents:
The amount of aid will be calculated on the basis of the eligible costs of the project and may not exceed the following cap:
|Small enterprise or small private research organisation||Small enterprise or small private research organisation established in an assisted area*|
Investments and expenses
|EUR 800,000||EUR 1,200,000|
* assisted area: an area located in Luxembourg and featured on the regional aid map approved by the European Commission for the period from 1 July 2014 to 31 December 2020 (currently Dudelange, Bettembourg, Wiltz, Winseler et Kiischpelt).
The capital subsidy and repayable advance are paid out after the completion of the project, programme or activity.
However, one or more advance payments may be made as the investments are made.
The application for payment of the aid is to be submitted using the online assistant available on MyGuichet.lu. This can be done in 2 different ways:
Details of the documents to be provided depending on the cost statement templates are available under "Pièces à joindre à la démarche en ligne MyGuichet.lu de demande de paiement".
The person submitting the payment application (the applicants themselves or their representatives) must have a LuxTrust product (e.g. Token, Smartcard or Signing Stick) or an electronic identity card (eID).
Pièces à joindre à la démarche en ligne MyGuichet.lu de demande de paiement