On Monday, the jury announced the finalists as:

Ilana Devillers (Food4All)

Stéphanie Jauquet (Cocottes chain)

Aida Nazarikhorram (LuxAI)

Elfy Pins (Supermiro)

Karine Vallière (Jumpbox)

On 5 June, the finalists will have five minutes for a last pitch, followed by three minutes of questions and answers with the jury.

Head of communication and corporate culture at Bil and jury member Karin Scholtes explained that the jury is comprised of men and women from Bil, Technoport, Jonk Entrepreneuren, Paul Wurth Incub, Schiltz & Schiltz, Equilibre and Wide.

The jury will be looking for proof of innovation as well as their positive impact on the Luxembourg economy, among other things.

Launched in 2006, the competition aims to highlight the role of women in the economic world and support women's entrepreneurship.

“This type of competition is important in the country,” jury member and Equilibre co-founder Larissa Best told our colleagues at Paperjam, adding: “This makes it possible to show success stories of female entrepreneurs or managers, and it brings visibility, which is often lacking for these women leaders. And I'm sure there are a lot of profiles who could apply for this award.”

The final takes place on 5 June at Bil's headquarters. The winner will receive a cheque for €10,000.