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Entrepreneurship in Luxembourg City
Entrepreneurship in Luxembourg City
Entrepreneurship in Luxembourg City
Far beyond its reputation as a financial haven, Luxembourg City has strategically transformed itself into a specialized innovation hub focused on space technology, fintech, and data management. The Grand Duchy's capital combines exceptional financial infrastructure with forward-thinking regulatory frameworks and substantial public investment in emerging technologies. Entrepreneurs establishing startups in Luxembourg gain remarkable advantages through specialized legal structures like the Space Resources Act facilitating commercial space ventures, unparalleled access to European investment capital, and Luxembourg's strategic position connecting major European markets. The ecosystem centers around the Luxembourg House of Financial Technology and Technoport innovation hub, while the Luxembourg Space Agency actively supports space-related ventures with dedicated funding programs. Despite its compact size, Luxembourg offers founders one of Europe's most sophisticated environments for building regulated financial technologies, space-related innovations, or data-intensive services requiring both regulatory clarity and European market access. This unique combination of financial expertise, forward-thinking regulation, and strategic investment in future-focused sectors creates distinctive opportunities for startups requiring both innovation-friendly frameworks and institutional credibility—all supported by one of the world's highest GDP per capita enabling substantial public commitment to strategic technology development.
Far beyond its reputation as a financial haven, Luxembourg City has strategically transformed itself into a specialized innovation hub focused on space technology, fintech, and data management. The Grand Duchy's capital combines exceptional financial infrastructure with forward-thinking regulatory frameworks and substantial public investment in emerging technologies. Entrepreneurs establishing startups in Luxembourg gain remarkable advantages through specialized legal structures like the Space Resources Act facilitating commercial space ventures, unparalleled access to European investment capital, and Luxembourg's strategic position connecting major European markets. The ecosystem centers around the Luxembourg House of Financial Technology and Technoport innovation hub, while the Luxembourg Space Agency actively supports space-related ventures with dedicated funding programs. Despite its compact size, Luxembourg offers founders one of Europe's most sophisticated environments for building regulated financial technologies, space-related innovations, or data-intensive services requiring both regulatory clarity and European market access. This unique combination of financial expertise, forward-thinking regulation, and strategic investment in future-focused sectors creates distinctive opportunities for startups requiring both innovation-friendly frameworks and institutional credibility—all supported by one of the world's highest GDP per capita enabling substantial public commitment to strategic technology development.
Luxembourg City founders in numbers
The startup community in Luxembourg City shows a healthy mix of people still exploring ideas (50%) and those already building something (50%). This balance between early-stage thinking and committed founders shapes the local scene. Looking at the numbers, the median age of founders in Luxembourg City is 28.5, with an average age of 33.1. Most are in the 25-32 age range, which makes up 40.2% of the community. When it comes to background, 47% of founders in Luxembourg City have technical skills in areas like engineering or software development, while 53% come from business roles such as operations, product, or marketing. This mix creates plenty of opportunity for strong co-founder matches. Popular areas of interest include Exploration, Telecommunications, Advertising, and Hospitality. Many founders in Luxembourg City also speak more than one language, adding fresh perspectives to the city’s startup ecosystem Impacts are {13},{14},{15},{16}.
Commitment Type
More than (50%) of Foundersbase founders in Luxembourg City, are exploring startup ideas, while (50%) are committed to an idea.
Age
The median age of Foundersbase founders in Luxembourg City is 28.5, while the average is age 33.1 with a maximum in the group of founders aging 25-32.
Type of Founder
About (47%) of Foundersbase founders in Luxembourg City are technical (Engineering, AI/ML), while (53%) are non-technical (Product, Marketing, Operations).
Top industry interests
Discover the industries that Foundersbase founders in Luxembourg City are most passionate about.
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