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Patrizia Luchetta, Franz Fayot and James Monnat prepare to cut the ribbon at the official opening of Foundry Luxembourg on 19 June.Photo: MasonBower 

Some 120 guests gathered at Foundry Luxembourg for the official opening of the self-styled “world’s first Commercial Conversion Hub”. James Monnat, CEO of MasonBower, cut the ribbon to officially open the newly refurbished building, together with LSAP president Franz Fayot and Patrizia Luchetta, member of Foundry’s advisory board. Guests enjoyed a drinks reception in the Foundry’s spacious garden and DJ set and live percussion performance by Gustavo Morales and Tommy Lux & STA “The Cosmic Cube”

In a brief address Monnat mentioned the Foundry’s offer of a free trial during the month of June. The new space is endeavouring to create an ecosystem that brings like-minded professionals under one roof to help convert business ideas into real strategies. The company hopes that Foundry Luxembourg will attract start-ups, existing European businesses and international companies who view the grand duchy as a gateway into Europe.