The first day of VivaTech 2022 was rich with pitches, connections and awards for startups in Luxembourg.
In addition to the 10 selected startups representing the grand duchy at the Luxembourg pavilion, some 40 Luxembourg representatives attended the Paris tech show as part of an accompanied visit from the chamber of commerce.
Intelligent Traffic Control (ITC.city), an Israeli traffic solution software firm which was part of Luxembourg’s twelfth Fit4Start accelerator programme, was crowned winner of the 2022 Bouygues Construction energy and smart transportation challenge at Viva Technology Paris. You can find more about their work in Luxembourg on Silicon Luxembourg here.
At the end of the first day, the Luxembourg embassy to France hosted a reception for the startups and other delegates as well as those participating in defence and security gathering the Eurosatory conference, at which Luxembourg had a stand for the first time.
Sasha Baillie, CEO of Luxembourg’s innovation agence Luxinnovation explained that the latter event forms part of the agency’s goal to support the “creation of a defence industry in priority sectors for Luxembourg, notably space. Our goal is also to promote the technological skills of Luxembourg in the area of defence on an international scale.”
Luxinnovation has just published its Luxembourg defence industry directory, listing some 46 players, of which 30 are active in space, “and many of them are startups!” Baillie added.
“We are in the process of compiling a digital directory of all the startups in our ecosystem.”
Luxembourg has had a presence at VivaTech since 2017 and since 2021, it has invested a lot in the startup ecosystem with the creation of Startup Luxembourg. The goal of the platform is to improve the visibility of the Luxembourg ecosystem on an international scale while facilitating connections. “We are in the process of compiling a digital directory of all the startups in our ecosystem. It will be an excellent tool for investors and potential partners looking to support promising startups in Luxembourg,” said Baillie.
The directory forms part of a project to assess the experiences of the 500+ startups developing digital and data-driven solutions and benchmark the local ecosystem. Policy and advisory organisation Startup Genome will conduct the assessment and benchmarking in close collaboration with the economy ministry and national innovation agency Luxinnovation. As part of this work, startup founders are encouraged to participate in this survey. Baillie said: “We need startups to respond to that survey. It’s only by getting their feedback we can see what is helpful and what is less helpful. Review where we stand and look at what do we need to improve and what opportunities are we missing out on?”
@VivaTech is ON🔥Our team members are ready to welcome you to our booth B25-008 hall 1 in the Luxemburg pavilion. Let’s exchange about #smart technologies that are shaping the future of the #constructionindustry 🚀@ccluxembourg @StartupLu #digitalconstruction #VivaTech #BIM #AR pic.twitter.com/UBIt7XGw8H
— GAMMA AR (@ar_gamma) June 15, 2022