Eligible businesses

The Fit 4 Innovation programme is aimed at all small and medium-sized enterprises (SME) that carry out their activity in Luxembourg.

Terms and conditions

Small and medium-sized enterprises have to meet the terms and conditions applicable to all types of aid for research, development and innovation.

Eligible costs

Only the costs for the consultant working on the project are eligible.

Procedure

• The programme is divided into 2 phases: the first phase for the analysis of the business in terms of performance, also called the diagnosis phase, shall enable the business to become aware of their potential for improvement. The consultant will come in for a period of 6 to 8 weeks and identify the levers for improvement of business performance. At this stage, the consultant can quantify the potential gain (either through cost reduction or the increase of income) and present a global action plan. If it so wishes, the business can decide to not enter into the following phase.
  
  Budget: the fixed cost for the consultant is capped at EUR 15,000 excl. VAT.
  
  Capital grant: 50 % of the consultant's fee.
  
  
• The second phase is for the implementation of the consultant's recommendations identified during the diagnosis phase and shall allow the business to change its organisation by implementing new work methods. These changes should generate a measurable impact which will be used to calculate 50 % of the consultant's remuneration.
  
  Objective: change the business organisation in order to lift process bottlenecks and to implement the action plan for freeing up resources.
  
  Constraint: break down the consultant's remuneration into 2 parts (fixed and variable), the consultant must commit to results and guarantee the return on investment.
  
  Capital grant: 50 % of the fixed part paid to the consultant.

Submitting the application

Businesses that would like to participate in the diagnosis phase should contact the department for SMEs at Luxinnovation for an assessment and find out if they can enter the Fit 4 innovation programme and be put in touch with accredited consultants.

For the second phase, an aid application form for the project phase of the Fit 4 Innovation programme will be made available to participating businesses.

The complete file must be submitted prior to the beginning of the works by using the online procedure 'Financial aid application for companies' on MyGuichet.lu (see 'Online services and forms').

Payment of aid

The capital grant is paid after completion of each phase of the project. However, during the second phase, one or more advance payments may be made as the activities for which the aid was granted are realised.

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