Starting a business is always risky. It takes a lot of effort, capital, expertise, and – let’s be honest – some luck. While the partnership agreement signed by the Interdisciplinary Centre for Security, Reliability and Trust (SnT) at The University of Luxembourg and Technoport won’t increase entrepreneurs’ luck, it aims to help them increase their expertise and thereby their chance of success.
Photo: Diego De Biasio, CEO of Technoport wants to give the incubator’s residents a privileged access to an integrated ecosystem with clear added-values / Credits © Olivier Minaire / Silicon Luxembourg
Technoport, the tech and business incubator that supports local innovators and startups, supplies the entrepreneurial capital while the SnT provides the research expertise. Together this partnership will allow both parties to benefit from their respective know-how and help them consider new perspectives and fill each other’s knowledge gaps.
Concretely, the goal of this collaboration is to provide business mentoring services to SnT researchers, and to create joint networking opportunities for SnT researchers and the technology-companies hosted by Technoport. This partnership will gap the bridge between research and business and help both parties take its their next steps forward.
Carlo Duprel, Head of the Technology Transfer Office at SnT believes that this partnership will aid their internationally competitive ICT research and improve the commercialisation of their products.
“Here at SnT, our Acceleration Programme helps our scientists launch high-tech startups based on their research results. Technoport’s experience as the longest-standing business incubator in Luxembourg will help our researchers acquire new skills that will stay with them for life, and allow them to successfully commercialise their products. Equally, Technoport supports companies who may need specific technical capabilities to develop their product, skills that our researchers can offer through SnT’s Partnership Programme,” adds Carlo Duprel.
“Working with their TTO will be extremely important also to adapt our support services to a specific type of entrepreneurship.”
With their 23 years of experience and 16,000 m2 of startup related infrastructure, Technoport’s entrepreneurial support is unrivalled in Luxembourg. However, SnT’s incoming research support will prove a very welcome addition.
“We are very happy to be able to formalize our partnership with SnT. Their areas of expertise are nicely aligned with not only some of our hosted companies but also with potential newcomers. Today entrepreneurs are looking for locations that can provide access to an integrated ecosystem with clear added-values. With this agreement we will be able to market this in a more structured way. On top of that, working with their TTO will be extremely important also to adapt our support services to a specific type of entrepreneurship,” says Diego De Biasio, CEO at Technoport.
This is not the first and will likely not be the last time both parties join forces. Indeed, last year saw Technoport and SnT join forces with other partners for the international space hackathon Act In Space, created by the The National Centre for Space Studies (CNES) and the European Space Agency (ESA).
For a small country such as Luxembourg, partnerships and collaborations are an indispensable way to improve and learn from each other. It will be exciting to see what future projects and business ideas this collaboration produces.