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  • Jérome Bloch

House of Startups: A Catalyst in Luxembourg’s Innovation Ecosystem

Updated: Sep 8, 2022

With its mission asa growth engine for Luxembourg’s startup and innovation ecosystem, House of Startups is a catalyst linking startups with incubators, innovation centers, finance houses, and companies. As it matures, it isseeking support for investments, leveraging scale-ups,and a legal framework facilitating employee stock ownership to attract and retain talent.



What are the main trends in the creation of startups?

The latest major trends in startup creation are sector-specific, with strong growth in SpaceTech, HR, and CleanTech projects. The current economic environment has led to an upsurge in e-commerce and digital platform initiatives. Fintechs are progressing due to the increased confidence in blockchain solutions. Among traditional businesses, there is also a stronger focus on innovation, particularly in the context of climate strategy, the health crisis, and employment evolution. Globally, digitalization is taking off with spin-off benefits in the Luxembourg startup ecosystem. We have also noticed a trend of more fundraising in Luxembourg over the past two years, a sign that the start-up community is doing well and that projects are progressing.


“HoST’s mission is to federate, promote and support the startup ecosystem and the innovation needs of companies and other organizations

What are the main trends in the creation of startups?

The latest major trends in startup creation are sector-specific, with strong growth in SpaceTech, HR, and CleanTech projects. The current economic environment has led to an upsurge in e-commerce and digital platform initiatives. Fintechs are progressing due to the increased confidence in blockchain solutions. Among traditional businesses, there is also a stronger focus on innovation, particularly in the context of climate strategy, the health crisis, and employment evolution. Globally, digitalization is taking off with spin-off benefits in the Luxembourg startup ecosystem. We have also noticed a trend of more fundraising in Luxembourg over the past two years, a sign that the start-up community is doing well and that projects are progressing.

How are the needs of startups in Luxembourg evolving?

The startup ecosystem in Luxembourg is maturing. Growing numbers of startups are evolving to the stage where they seek new business opportunities by gaining access to the expertise and networks in the community. Startups are searching for investment funds to help them scale up. Foreign founders are locating in Luxembourg. They are attracted by the active community and the collaboration between public authorities and private interests. Startups are also looking for assistance in the conquest of neighboring markets. But they face another battle. Startups seek change in the Luxembourg legal framework to make it easier for them to grant employee stock ownership plans to attract and retain international talent.

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