The University of Luxembourg is to open its own start-up incubator in Belval
Photo: Mike Zenari/archive
The University of Luxembourg is to open its own start-up incubator, to complement the entrepreneurship programme it launched last summer.
The centre, whose name will be unveiled in an inauguration ceremony on Tuesday, aims to raise awareness among its students, employees and alumni about the possibilities entrepreneurship offers.
Unlike traditional start-up incubators, theirs will be designed for ideas that are still in the embryonic stages and have yet to be concretised.
A mentorship programme will be offered as part of the centre for aspiring entrepreneurs offering advice and access to networks in the business community.
“What makes the program unique for the university community is that any idea that can materialise in a project--a start-up, a campaign, a non-profit organisation [...]--will be eligible,” the university told our colleagues at Paperjam. “It’s an incubator that complements the existing ecosystem, but in no way seeks to compete.”
The incubator, which will host up to a dozen projects, will initially be located in the student lounge building in Belval. Later this year it will be moved to the House of Arts and Students.