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Luxembourg State and seven investors have signed a letter of commitment to constitute a seed fund for ICT start-ups.
In order to provide a suitable framework for creating and developing new innovative businesses, the Ministry of the Economy has decided, as part of “Digital Lëtzebuerg”, to set up an ecosystem in line with the needs of start-ups in the sector of information and communication technologies (ICT), particularly with regard to the financing of such businesses during their initial and start-up stages.
Luxembourg State and seven investors have signed a letter of commitment to constitute a seed fund for ICT start-ups.
In order to provide a suitable framework for creating and developing new innovative businesses, the Ministry of the Economy has decided, as part of “Digital Lëtzebuerg”, to set up an ecosystem in line with the needs of start-ups in the sector of information and communication technologies (ICT), particularly with regard to the financing of such businesses during their initial and start-up stages.