Le Gouvernement du Grand-Duché du Luxembourg
Fit 4 Start #14

Fit 4 Start #13: 15 start-ups selected

15 start-ups from 9 different countries have been selected for participation in the 13th edition of start-up accelerator Fit 4 Start. In addition to 6 months of coaching, pre-seed funding and access to all the key players of the Luxembourg start-up ecosystem, participants will also be encouraged to look into how their products and services can have a positive sustainable impact.

After two years of digital pitching sessions, Fit 4 Start was back with its traditional onsite pitching event on 26 and 27 October, hosted at Arch Summit, the flagship tech event of accelerator Tomorrow Street. 67 preselected start-ups pitched their business ventures to a jury composed of experts, seasoned entrepreneurs and investors who selected the 10 digital/data-driven and 5 healthtech start-ups that together will make up the 13th Fit 4 Start cohort.

The participants will benefit from 6 months of personalised coaching, ample networking opportunities and pre-seed funding of €50,000 from the Ministry of the Economy. Successful graduates from the programme who manage to raise private capital have the possibility of receiving another €100,000.

Start-up accelerator with sustainable impact

“Start-ups have an important role to play in supporting the sustainable transition of our economy to a more digital and green economy. This edition of Fit 4 Start will therefore also include awareness raising activities and specialised coaching on how participating business ventures can have a positive sustainable impact,” says Minister of the Economy Franz Fayot.

The tagline of this year’s edition of Arch Summit, ‘innovation with impact’, perfectly reflects our ambition with Fit 4 Start.

“The tagline of this year’s edition of Arch Summit, ‘innovation with impact’, perfectly reflects our ambition with Fit 4 Start. We want the programme to have a real, concrete impact on the start-ups that take part. Our ultimate aim, as a government-funded agency and programme manager, is that their successful development in Luxembourg will help frame our economy of the future in a sustainable as well as competitive manner, with the United Nation’s 17 Sustainable Development Goals as a point of reference,” says Sasha Baillie, CEO of Luxinnovation.

Boosting the start-up community

“After having had to run the last editions digitally due to health restrictions, we are happy to welcome the 15 selected start-ups to Luxembourg for the coaching programme. Their physical presence here will facilitate integration of our international participants into the start-up ecosystem and the wider business community,” says Stefan Berend, Head of Start-up Acceleration at Luxinnovation.

The more than 300 applications received from start-ups in 58 different countries clearly confirm the international renown of the Fit 4 Start programme.

LHoFT new Fit 4 Start partner

Fit 4 Start is initiated and managed by the Luxembourg Ministry of the Economy and national innovation agency Luxinnovation with support from Technoport, the Luxembourg-City IncubatorLuxProvide and the most recent partner, the Luxembourg House of Financial Technologies (LHoFT).

We look forward to creating further value for our innovative start-ups in the field of financial technologies together with LHoFT.

“LHoFT is the expert entity of the Luxembourg fintech ecosystem, and will be a valuable partner for Fit 4 Start. We look forward to creating further value for our innovative start-ups in the field of financial technologies together with them,” comments Sven Baltes, Advisor – Start-up Acceleration at Luxinnovation who coordinates the Fit 4 Start programme.

Selected start-ups

Digital/data-driven

Healthtech

Photo credit: Luxinnovation/Nathan Ernst

Need more information?

Are you interested in exploring Luxembourg’s dynamic and growing start-up ecosystem? Visit Startup Luxembourg!
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