Launched in 2007 by the Junior Chamber of Commerce of the Grand Duchy of Luxembourg, the Creative Young Entrepreneur Luxembourg (CYEL) competition aims to promote entrepreneurship among young people between the ages of 18 and 40 and to reward innovative ideas from young entrepreneurs in Luxembourg.
At the Gala evening and prize-giving ceremony organised in the prestigious Cercle Cité in Luxembourg City, three companies (Yotako, Largowind and Jemmic) and their respective founders (Alfonso Garcia Frey, Mathilde Argaud and Jean-Pierre Schmit) will be honoured.
The three finalists were selected from the ten files invited to support their candidature on 1 June, after an initial selection of the best paper applications. The jury comprised Antoine Hron (Luxinnovation), Jean Kalmes and Christophe Ney (BGL BNP Paribas), François-Xavier Borsi (KPMG), Melvin Tjon Akon and Carolina Vasselli (Bonn Steichen & Partners) and Julien Brunel, winner of the 2016 edition of CYEL with his company milepaKr.
Enhancing innovative entrepreneurship in Luxembourg
In addition to the establishment of the company in the Grand Duchy and the age of the entrepreneur (40 years maximum), the selection criteria were based on innovative and creative solutions in the companies created.
Created in 2016, the company YOTAKO of Alfonso Garcia Frey automatically translates the design of websites into code.
Mathilde Argaud has developed a Connected Rope®, a connected object concentrating technologies allowing the owners of boats to manage it remotely.
As for Jean-Pierre Schmit, since 2009 he has been developing security and process improvement solutions, mainly in the financial field.
The winner of the CYEL 2017 will be revealed to you on Thursday 15 June, during the gala evening organised by the Junior Chamber of Economy of the Grand Duchy of Luxembourg. The award ceremony will be preceded by an intervention by Richard RUSSEL, entrepreneur, specialised in innovation and digital technologies, having developed innovative solutions for Amazon and Google.