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                <p><img src="https://images.unsplash.com/photo-1592770733110-738f7769188c?ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80" alt="white and brown concrete building">
<br>Luxembourg stands out as a prominent traditional finance hub in Europe, boasting a strong economy and hosting several key EU institutions. With its diverse and multilingual population, it is no wonder that many international companies, such as Amazon and PayPal, choose to establish their European headquarters in the country. Despite these advantages, challenges such as a high cost of living, a small local market, and a shortage of skilled technical professionals hinder the growth of the national ecosystem. <br></p>
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<p><br>Fortunately, the public sector is actively working to drive positive change through initiatives like Innovative Initiatives, which aim to enhance the country’s digital efforts and support startups. Programs like the House of Entrepreneurship provide practical business knowledge, while the 1-1-1 law streamlines the business registration process. Additionally, startups can receive coaching and seed funding through the <a href="https://www.startupluxembourg.com/fit-4-start">Fit 4 Start</a> acceleration program, managed by <a href="https://luxinnovation.lu/">Luxinnovation</a> and supported by the Ministry of the Economy. OCSiAI, Luxembourg’s first unicorn, has expanded globally, with offices in Europe and the United States.<br></p>
<p><br>Luxembourg is making strides in advancing its space tech industry, being the first in Europe to establish a legal framework for the sector. Deep tech industries, including space, are being targeted, with organizations like ESRIC fostering innovation and the emergence of startups like Kleo Space. Data-driven innovation is also thriving, supported by the country’s exceptional digital infrastructure, including the high-performance computer MeluXina.<br></p>
<p><br>With its skilled workforce, strong economy, and state-of-the-art digital infrastructure, Luxembourg is an appealing choice for startups looking to establish themselves in Western Europe. However, the country’s small size poses limitations to its growth potential as a regional hub. Initiatives like the <a href="https://www.host.lu/eu-tribe">EU TRIBE</a> project aim to expand market access for local startups, but continued success will depend on further innovative government strategies to drive globalization.<br></p>

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![white and brown concrete building](https://images.unsplash.com/photo-1592770733110-738f7769188c?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
<br>Luxembourg stands out as a prominent traditional finance hub in Europe, boasting a strong economy and hosting several key EU institutions. With its diverse and multilingual population, it is no wonder that many international companies, such as Amazon and PayPal, choose to establish their European headquarters in the country. Despite these advantages, challenges such as a high cost of living, a small local market, and a shortage of skilled technical professionals hinder the growth of the national ecosystem. <br>

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<br>Fortunately, the public sector is actively working to drive positive change through initiatives like Innovative Initiatives, which aim to enhance the country's digital efforts and support startups. Programs like the House of Entrepreneurship provide practical business knowledge, while the 1-1-1 law streamlines the business registration process. Additionally, startups can receive coaching and seed funding through the [Fit 4 Start](https://www.startupluxembourg.com/fit-4-start) acceleration program, managed by [Luxinnovation](https://luxinnovation.lu/) and supported by the Ministry of the Economy. OCSiAI, Luxembourg's first unicorn, has expanded globally, with offices in Europe and the United States.<br>

  

<br>Luxembourg is making strides in advancing its space tech industry, being the first in Europe to establish a legal framework for the sector. Deep tech industries, including space, are being targeted, with organizations like ESRIC fostering innovation and the emergence of startups like Kleo Space. Data-driven innovation is also thriving, supported by the country's exceptional digital infrastructure, including the high-performance computer MeluXina.<br>

  
<br>With its skilled workforce, strong economy, and state-of-the-art digital infrastructure, Luxembourg is an appealing choice for startups looking to establish themselves in Western Europe. However, the country's small size poses limitations to its growth potential as a regional hub. Initiatives like the [EU TRIBE](https://www.host.lu/eu-tribe) project aim to expand market access for local startups, but continued success will depend on further innovative government strategies to drive globalization.<br>

Talkwalker

Eurosender

Passbolt

DOCTENA

Belron

payconiq

The country has some notable startup success stories including , DOCTENA.

Luxembourg has 2 cities in the top 1000
      and is ranked 16th in Western Europe.

Luxembourg’s startup scene saw an increase in 2024 and jumped
      3 spots from the previous year, outranking Czechia.

Luxembourg’s startup ecosystem ranks 16th in Western Europe and 31st globally. Luxembourg’s startups raised 7326137 US dollars on average. Find the most promising startups, unicorns, and notable exits in Luxembourg.

Startup Ecosystem of Luxembourg | Startupblink

Our startup ecosystem map for Luxembourg includes a sample of 206
      tech companies. We have identified as unicorns 1 startups that have passed the USD 1 billion valuations.

With a large variety of accelerator programs and initiatives, Luxembourg's startup scene stands out from that of other countries in Western Europe. Luxembourg offers a number of funding
opportunities for entrepreneurs and startups. Below is a list of some of Luxembourg's most prominent support initiatives:

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

WADAAG TECHNOLOGIES

Sostec

FGS Bill Tracker

Zaad

Wadaag Investment

A growing regional and global startup leader 

bitget.com

AscendEX

DeBank

Trip.com

Viki

A vibrant and strong startup hub attracting international recognition and investment

Cámara de Comercio de Bogotá

Founder Institute (FI) Bogota

RockStart Latam 

Calle 127a # 53a-45

Carrera 19 # 100 - 45

WeWork

Toastmasters Bogota

Picap

Autolab

Cubbo

Rappi

Addi

Bold

Calle 26 # 92-32

Carrera 11B # 99 - 25

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 

MiraKle Lab

VentureSquare

TIPS

Staion Neo

Samseong Station II

Gangnam Station

Seoul Business Agency

SK Hynix

Toss Lab

AIV 

OP.GG

Bithumb

Fastfive Seocho 2

LocalStitch Yeongdeungpo

An innovative city with a global startup ecosystem

Nikkei

LIP. Yokohama (Life Innovation Platform Yokohama)

Project Ninja

THE BAYS

Hanzomon PREX North

Iceberg

Keio University, Hiyoshi Campus

RIKEN Yokohama Campus

YNU Yokohama National University

Locoguide

C Channel

note

PayPay

DM2C Studio

Timee

Regus - Tokyo, Kanda

OpenOffice - Tokyo, Nihonbashi Hakozaki (Open Office)

Regus - Tokyo, Ginza 3-Chome

One of the fastest growing ecosystems in Australia 

River City Labs

Buderim Meeting Rooms

The Boarding Office

INVEST Sunshine Coast

Delorean Project

Inform Ag

Coyo

NutWorks

Zitcha

Servatus

WOTSO

Inbox Workspace

A growing startup ecosystem owing to its workforce and industries.

Build2Scale Health

Queen's Startup Runway Incubation Program

Makerspace of Queen's University

Rose Innovation Hub

Queen’s University Rose Innovation Hub

Queen's Office of Partnerships and Innovation

Queen's University Smith School Of Business

Dunin-Deshpande Queen's Innovation Centre

Sparq Systems

FireRein

Green Graphite

IPG Photonics Canada

CMC Microsystems

Mosaic Manufacturing

Alon MedTech Ventures

Open Valley

Colab Square

Yokneam Municipality 

Startup Village Yokneam

Augmedics

ForSight Robotics

Rapid Medical

Chain Reaction

K2View

Pitch

From Service-Based to Product-Based Economy – Lessons from North Macedonia

Corporate Startup Activity Index 2025

The Impact of Government Support on Startups