10 GOOD REASONS TO CHOOSE LUXEMBOURG
Are you looking for a great place to launch or scale up your medtech business in Europe?
We believe that Luxembourg is a strong choice.
Here are our 10 good reasons why.
YOUR GATEWAY TO EUROPE
#2 in the world for Market Access and Infrastructure - The Legatum Prosperity Index 2019
A gateway for distribution, 60% of the EU’s GDP can be reached by a one-hour flight. Easy access to 500 million consumer.
Free mobility of capital, products, services and labour.
Simplified limited liability company - the ‘1-euro company’.
Vibrant start-up ecosystem with key medtech cluster.
Technoport offers 16,000 m2 of facilities.
Advantageous import and export regulations.
Extensive network of double tax treaties.
STABLE AND RELIABLE
In times of political and economic uncertainty, a stable
home base becomes increasingly valuable. Low inflation.
Consistent growth above the EU average. Low Government debt ratio. AAA-rated country by all credit rating agencies:
sound macroeconomic fundamentals.
SKILLED & TALENTED MULTILINGUAL WORKFORCE
A true knowledge economy, Luxembourg attract the best talent from across the world. Luxembourg offers a stable economy, safe jobs and a healthywork-life balance for all who work there.
#1 for average number of languages spoken by the population in any EU country (3.6 languages) Source: Eurobarometer
OUTSTANDING DIGITAL INFRASTRUCTURE
28 international fibre routes to main European hubs. 23 data centre, including 8 with tier IV certification. Nation-wide coverage of ultra-high-speed broadband (“Fibre to the Home”). 1 Gbps connections (100% coverage).
EUROPEAN LOGISTICS HUB
60% of the EU’s GDP can be reached within 1 trucking day and the
6th largest airfreight platform in Europe Source: Luxairport
Luxembourg’s central location in Europe coupled with excellent air, road, rail and waterway infrastructure position the country as a competitive inter-continental logistics hub. The country is continuously improving its positioning as an intercontinental logistics hub in Europe – especially for contract, air and rail freight-based logistics activities – and recently inaugurated the most modern inter-modal hub in the Benelux.
INVESTMENT & INNOVATION INCENTIVES
Luxembourg Future Fund is a €150 million fund that invests in early and late stage innovative European technology SMEs.
As a member of the EU and City Nation, the pathway of up to 15M euros in non dilutive medtech specific R&D and Innovation Grants.
For companies with substantial activities in Luxembourg and less than 5 years old.
• Research and development (R&D) projects and programmes
• Feasibility studies
• Innovation aids for small and medium-sized companies (SMEs)
• Support for young innovative enterprises
• Grants for process and organisational innovation
Luxembourg Export Credit Agency (Office du Ducroire)
offers support for Luxembourg-based companies when
Select your collaborator.
The Luxembourg Institute of Health (LIH) generates and translates research knowledge into clinical application with an impact on the future challenges of healthcare and personalised medicine.
The research-driven University of Luxembourg is ranked among the world’s top 20 young universities. Top-level research is conducted with its Interdisciplinary Centre for Security, Reliability
and Trust (SnT), and the Luxembourg Centre for Systems Biomedicine (LCSB).
The Luxembourg Institute of Science and Technology (LIST) is a research and technology organisation active in the fields of materials, environment and information technology.
The Luxembourg Space Agency also hosts research collaborations with founders from all over the world.
INCLUSIVE AND MULTICULTURAL
#2 most inclusive economy in the world
Source: WEF Inclusive Growth and Development Report 2017
Luxembourg has implemented a broad array of policies and institutional mechanisms to make economic growth more socially inclusive. This translates into an open and equal society, which is spurred on by a long tradition of welcoming foreign nationals and making them feel at home.
Luxembourg is an open Society. Parliamentary democracy. Constitutional monarchy. Low bureaucratic hurdles.
SAFE WITH A HIGH QUALITY OF LIFE
#3 safety and security
#9 access to healthcare in the world
Source: The Legatum Prosperity Index 2019
Luxembourg shows robust growth and employment, education.
high median living standards, strong environmental stewardship and low public debt.
STARTUPS GET QUITY FREE
PAY FOR PLAY
3 month personalized Land and Expand Immersion Program & 6 month Incubation Coaching Program
ENGAGE, & TRADE
Build European GTM plan and fundraising roadmap with expert mentors and connect with the world's expert MedTech entrepreneurs. Tap our global community of founders, angel investors, and venture capitalists.
Connect from where ever you are located in the world and leverage the world's Expert MedTech Entrepreneurs as your partners to hit the road running in Europe. We measure ourselves by outcomes not just activities!
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