A select crowd were given a sneak peek at Luxembourg City’s new incubator in the soon-to-be-created House of Start-ups, ahead of its opening in January 2018.
Photo: Facebook/Lhoft, From left: DP councillor Patrick Goldschmidt, City mayor Lydie Polfer, finance minister Pierre Gramegna and chamber of commerce president Carlo Thelen
The four-storey site in the Dôme building on rue du Laboratoire (Luxembourg-Gare) spans 4,200m2, and will welcome the Luxembourg House of Finance (Lhoft) on the upper two floors, and the city incubator and Nyuko on the lower and ground floor, according to our sister magazine, Paperjam.
“We will take our time to renovate the interior layout, because we want to create a wow effect for when the first tenants arrive,” Luxembourg chamber of commerce president Carlo Thelen said on Tuesday, adding: “There are now many incubators in Luxembourg and you have to know how to be attractive.”
Photo: Sébastien Goossens, Visitors to the House of Start-Ups on Tuesday, 3 October
The House of Start-Ups is an equal partnership between the chamber of commerce and the City of Luxembourg. The aim is to create the country’s largest incubator, bringing together the know-how of start-up services firm Nyuko and Lhoft, which can accompany up to 30 start-us.
The move is timely for Lhoft, which has outgrown its Kirchberg offices. The winner of the first edition of Luxembourg’s fintech awards, Governance.io, will be among the start-ups housed in the new co-working space.
The annual budget of the office will be approximately €1 million, financed equally between the City and the chamber of commerce, who signed a partnership over the next six years.