Former Nyuko chief Martin Guérin, pictured, is the new CEO of the Luxembourg City Incubator Romain Gamba/archives

Former Nyuko chief Martin Guérin, pictured, is the new CEO of the Luxembourg City Incubator Romain Gamba/archives

The Chamber of Commerce confirmed the appointment on Friday on its website, though the announcement had been made at the end of 2017.

The incubator was founded by the Chamber of Commerce in partnership with the City of Luxembourg and includes management of the coworking space formerly housed at Nyuko and now located in Le Dôme building in the Gare district. A graduate of the Normandy Management School and certified coach who honed his craft at Parisian economic development and innovation agency Paris&Co, Guérin shared his expertise as a startup coach in Luxembourg when he took over Nyuko in 2016. The incubator is focused on supporting startups which offer innovative solutions in strategic areas, including logistics, trade, urban technologies, the environment, construction and technology.

“The challenge of creating and developing LCI in an extremely complex and competitive environment immediately appealed to me. This is an important step in the construction of the Startup Nation Luxembourg,” Guérin said in a statement.

Guérin is succeeded at Nyuko by Nicolas Fries, a management engineer graduate from HEC Belgium who worked for several years with entrepreneurs and startups in Belgium before joining the Espace Entreprises de la Chambre de Commerce in October 2016. He formerly held the position of business manager within the House of Entrepreneurship, which was created at the end of 2016. Both organisations are located at Le Dôme along with the Luxembourg House of Financial Technology (LHoFT), Hub@Luxembourg and the International Climate Finance Accelerator.