gener8tor Announces 2024 Luxembourg Accelerator

Menachem Tabanpour, Managing Director Luxembourg for gener8tor, and Shelby Peranich, Program Manager, Investment Accelerators at gener8tor (Photo © Parcours)

The renowned US and Europe-based accelerator and venture fund is launching its second Luxembourg edition set to run in Spring 2024. Applications are open to Luxembourg and European startups until 19 January, 2024.

Aiming to invest in and scale five promising startups from Luxembourg and the European Union, gener8tor prioritises startups focused on driving systemic change at the corporate, government, and community level, as well as founders that embrace sustainability as a way to transform antiquated industries.

The launch of the 2024 application follows a successful inaugural program, in which the gener8tor Luxembourg team invested €100k each into five early-stage startups. The two Luxembourg startups selected in the first edition were Dropslab and Asets-Lux (now Asets-CA).

“Looking back on our inaugural cohort, we are grateful for the relationships and support we have received from the Luxembourg startup ecosystem, founders, corporate partners, investors, and mentors. As we look towards our continued efforts to support entrepreneurship in Europe, we aim to accelerate startups on the forefront of innovation, technology, systemic change, sustainability, diversity, equity and inclusion,” said Joe Kirgues, co-founder of gener8tor.

The gener8tor Luxembourg accelerator team will handpick five startups to participate in its upcoming 12-week accelerator programme, set to kick off in Spring 2024. Next to receiving €100k in investment as part of the program, the startups will also receive personalised, hands-on support to foster their growth and will gain access to a network of experienced mentors, technologists, corporate partners, and investors.

Since its inception in 2012, gener8tor has successfully established and operated 261 accelerator programs with 1,300+ companies. Founders from Luxembourg and the European Union are encouraged to apply here by 19 January, 2024.

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