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Watch Out Startup World, Get Ready For Luxembourg!

Luxembourg is serious about developing the country’s startup and entrepreneur community. Don’t believe me? Consider that on Wednesday, 23 April 2014 about 200 people attended the first “Together Strong Party” in downtown Luxembourg to promote the growth of the venture community. Still not impressed? Consider Mr. Xavier Bettel, the Prime Minster of Luxembourg, was in attendance alongside numerous investors and entrepreneurs!

 

[…] the ICT sector is an area in which Luxembourg has the opportunity to be a world leader.

Sponsored by EY and the DATA4 Group, the event brought together many stakeholders of the Luxembourgish startup environment. Europe4Startups, Silicon Luxembourg, and the Luxembourg Startup Grind were all involved in running the successful event. From the onset, it was clear that attendees were thrilled with the networking opportunity and the ability to hear major startup actors in Luxembourg speak. While the overall message was positive, it was clear that there is still work to be done in improving the Luxembourgish startup and entrepreneur ecosystem, and that was a key point made by Prime Minister Bettel.

“In Luxembourg, some people have ideas and no money,” Prime Minister Bettel noted. “But we also have some people who have money and no ideas. We need to work together to make connections between these people.”

In addition, as Luxembourg looks to diversify its economy, the ICT sector is an area in which Luxembourg has the opportunity to be a world leader. With a strong infrastructure and a great deal of support available, the country is looking to draw innovative entrepreneurs in that field.

 

The “Together Strong Party” highlighted some of the reasons why Luxembourg is a great country to be an entrepreneur […]

“Today, we can be proud of the efforts we have made in strengthening our position in the ICT sector,” Prime Minister Bettel announced. “For example, banks that once came here for other reasons are now coming because of our strong ICT sector growth.”

The “Together Strong Party” highlighted some of the reasons why Luxembourg is a great country to be an entrepreneur, including the benefit of public and private support, a location in the heart of Europe, and a friendly and well-connected community. As entrepreneurs look for a location to start their business, these characteristics will help to separate Luxembourg from other options. Furthermore, when events are as successful as the first “Together Strong Party,” it is clear that people are engaged and ready to be difference makers.

“I was quite impressed with the event and the attendance,” Charles-Louis Machuron, the founder of Silicon-Luxembourg said. “I think we should continue to hold events that gather together the Luxembourgish startup community. This will provide networking opportunities and help to draw attention to the Luxembourgish startup scene abroad as these events are featured on Silicon Luxembourg and other news outlets that reach non-Luxembourgers.”

If you weren’t able to attend this great event (you missed out! 🙂), you can find a photo gallery on the Silicon Luxembourg Facebook page. Click here!

 

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