With relatively young but very dynamic start-up ecosystems, Luxembourg and Portugal have followed once similar, sometimes different paths over the past 10 years to build the foundations of an economic environment favorable to innovative entrepreneurs. . Following the visit of the Portuguese Minister of Economy to Luxembourg in 2017, a Memorandum of Understanding was signed to initiate enhanced cooperation and the event now goes in this direction by strengthening the ties between the initiation of ecosystems. two countries.
During the event, after a video presentation of the Luxembourg ecosystem, the Minister of Economy Franz Fayot, returned, in his speech, to the development of start-ups in Luxembourg, the number of which has experienced continued growth, especially thanks to the implementation of the Fit 4 start acceleration program. Since July 2021, www.startupluxembourg.com has acted as an ecosystem-focused platform, bringing together all the players, i.e., more than 500 start-ups and about 14 public and private incubators.
The Economy Minister said: “Luxembourg and Portugal not only share the same values but also the same ambitions. Like the Portuguese government, the Luxembourg government is committed to supporting the start-up ecosystem. After the official launching www.startupluxembourg .com in July 2021, it is now important to further develop relationships with other ecosystems and Portugal is a partner chosen in this context.The event now offers the perfect opportunity for strengthening our relationships. “
His speech was followed by Luc Frieden, President of the Chamber of Commerce, on which stands the House of Startups Luxembourg, the largest hosting infrastructure for start-ups in Luxembourg.
A true start-up institution in Portugal, the incubator and accelerator city of Lisbon, Startup Lisboa, was invited to one of two round tables with the participation of its Membership Manager, Pedro Teixeira. For his part, Jean-Michel Ludwig, Director of Business Development at Luxinnovation, recalled the central area of the Fit 4 Start acceleration program in developing the Luxembourg start-up ecosystem. The event is also an opportunity for Skeeled, a digital recruitment start-up based in Luxembourg, and Portuguese bank Banco de Investimento Global to formalize their partnership by signing a partnership.
Skeeled offers an all-in-one solution to help companies attract and acquire top talent, from predictive recruiting and candidate experience to employer branding and diversity and inclusion.
Crucial to the dynamism of a start-up ecosystem, the question of financing was also discussed at the second round table chaired by Luis Galveias, chief operating officer (COO) of the Luxembourg Private Equity & Venture Capital Association (LPEA) where investors come from. . the two countries participated.
Then, several presentations by Luxembourg and Portuguese start-ups offering innovative and technological solutions enlivened the event.
Finally, Antonio Dias Martins, Executive Director of Startup Portugal, was also co-organizer of the event, then gave a closing speech by showcasing the Portuguese ecosystem, 12th place in the top 100 emerging ecosystems and if of which nearly 2,150 startups and 150 incubators and accelerators.
Contacted the Ministry of Economy and Luxinnovation