The NGO moved from rue de Hollerich, where it was founded in 2015 from a merger of the Impactory and Business Initiative, to the Dôme building in rue du Laboratoire at the beginning of April.

“We wanted to gather all the entities here to better support startups so they can come and go and try to find the business contacts they can get from the space,” Nyuko press officer Lucile Barberet told Delano on Tuesday.

The move enabled Nyuko to transfer management of its co-working space to the Luxembourg City Incubator, providing 200 desks, five times the number they had in Hollerich. The new offer also provides more flexibility on the kinds of co-working spaces available--LCI can now offer private co-working areas as well as private spaces, 24/7 access to the building and its facilities and access to an in-house network of expertise, which includes the House of Financial Technology and the ICFA.

Among the criteria for being eligible to rent a co-working desk, beneficiaries should have an innovative project which supports the city’s priorities, such as mobility, energy and social inclusion. The criteria are relaxed for flex desk customers, coworkers who rent a desk for a single day.

Photo: Luxembourg Chamber of Commerce. The new co-working space spans 2,000 metres squared

Co-working open day

The new offices span two floors, which are tastefully design in pastel shades. There are large communal areas and a communal kitchen area which can be used by all coworkers, be they residents or one-day customers. Natural light fills the co-working area, which is expected to become a hive of activity in the coming months.

While the move brings countless benefits, scaling up their activities while retaining the original Nyuko spirit will not be easy.

“The challenge many successful startups have is going from 1 to 10 to 50 staff while keeping the same culture and vision,” Barberet said, adding: “We had a small community before and it was working very well. Now the challenge is to keep this sense of community with four or five times more people.”

Nyuko, meanwhile, continues its other startup support activities at the Dôme, including business mentoring, Luxembourg Open Innovation Club, fundraising, the 1,2,3 Go contest for innovative entrepreneurs in the greater region, and social entrepreneurship programme Impuls, not to mention their acceleration cycles.

Nyuko's former offices on rue de Hollerich, meanwhile, did not stay empty for long. The lease was taken up by Japanese bitcoin exchange platform Bitflyer.

Curious to find out more? Try co-working for yourself at the LCI open door days on 17 May. Click here to find out more.