The scale-up support pilot programme initiated by the Ministry of the Economy and managed by Luxinnovation has been designed to support advanced-stage start-ups which are on an accelerated growth trajectory and have plans for international expansion. The programme reached a key milestone with the selection of three start-ups that will participate in this first pilot edition.
After a process that began in September, with 18 start-ups initially nominated to apply to the programme, 9 of them had the opportunity to pitch their projects at an event held at the House of Startups on 11 December.
The decision-makers, gathered in a “Keystone Team” composed of innovative entrepreneurs, company representatives, investors and institutional facilitators, ultimately selected three start-ups.