FIT 4 INNOVATION

Optimise your organisation and operations

Fit 4 Innovation helps SMEs optimise their daily business operations in order to become more competitive and profitable and to free up resources for innovation.

Certified consultant directory

Do you want to learn how your company could become more efficient?

Take a step back from the everyday rush to review the fluidity and coherence of your company’s operations. Identifying potential improvements in your internal organisation, financial management and customer management can help you cut unnecessary costs, improve your client relationships, increase your profits and get ready to sustain your future competitiveness through operational excellence.

Fit 4 Innovation offers you the opportunity to work with an experienced consultant who will evaluate your most important internal processes – production activities, logistics, finance and accounting, for example – and propose improvements that will generate a return on investments within 12 months.

SMEs supported

(2018-2023)

50%

of consultancy fees

during the analysis phase covered (maximum total cost: €15,000)

25%

of consultancy fees

during the implementation phase covered

Key benefits

Fit 4 Innovation offers companies a wide range of benefits, including:

In-depth 360° analysis of your company’s operations
Personalised action plan with cost estimates and guaranteed return on investment
Expert support with the implementation of your action plan
Advice from experienced, neutral business performance experts approved by Luxinnovation
Financial support from the Ministry of the Economy

Who can benefit?

In order to be eligible for Fit 4 Innovation, you must:

Be a small or medium-sized company based in Luxembourg
Have a valid business permit granted by the Ministry of the Economy
Not be considered as an “undertaking in difficulty”

Join Fit 4 Innovation

- Contact Luxinnovation to choose the certified consultant with whom you would like to cooperate and complete your application together with us. Applications can be submitted at any time of the year.
- Receive feedback from Luxinnovation. We will review your application and validate it once all selection criteria are fulfilled
- Start the in-depth analysis of your company together with the consultant. The analysis can start as soon as your application has been reviewed by Luxinnovation.
- Receive your personalised action plan. Based on the analysis, the consultant will put together an action plan including cost estimates with recommended measures for your company. The plan will be validated by Luxinnovation.
- Request the payment of the public subsidy covering 50% of the consultancy costs for the analysis.
- Launch the implementation of the action plan. The consultant will continue to advise and support you throughout the implementation phase. Luxinnovation will actively follow the implementation process.
- Request the payment of the public subsidy covering parts of the consultancy costs incurred once the implementation is finalised.

Join Fit 4 Innovation

Get in touch to discuss your participation.

Ask for support

Optimise your organisation and operations

Do you want to learn how your company could become more efficient?

Interested in joining Fit 4 Innovation?

Key figures

Key benefits

Who can benefit?

Optimise your organisation and operations

Do you want to learn how your company could become more efficient?

Interested in joining Fit 4 Innovation?

Key figures

Key benefits

Who can benefit?

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