The first incubator at the Luxembourg Technoport has just celebrated its 20 years. The celebrations took place from 6 to 8 June in Belval, with the hosting of the annual congress of the EBN (European BIC network), a pan-European network of structures like the Technoport.
Innovation of all kinds
Technoport S.A., which manages the business incubator building in Belval, has adopted the task of accompanying tech start-ups. This springboard for start-ups hosts about 40 companies, including 36 start-ups, on its premises in the former industrial wasteland.
The nursery of tech companies accompanies young entrepreneurs by providing them with an infrastructure and the accompaniment they need to be able to develop. Although incubation is still the core job of Technoport S.A., the incubator has managed to diversify its target segments. According to its director Diego De Biasio, the co-working space has earned a name for itself in the field of innovation as well as in 3D printing and laser cutting at its digital FabLab.
Technoport, which can claim credit for the success of one of its protégés, the company Talkwalker, was created by the Luxembourg State and the National Credit and Investment Institution (Société nationale de crédit et d'investissement, SNCI). At its sites in Belval and Foetz, the incubator currently has structures covering a total area of more than 16,000 sq.m, hosting workshops, fitted offices, and industrial premises.
The Technoport story goes back to 1998, when the incubator pioneer was still called 'Technoport Schlassgoart' and was located in Esch-sur-Alzette. Launched at the time by the Henri Tudor public research centre (Centre de recherches publiques, CRP), it was privatised in 2012 and changed its name to Technoport S.A. At the same time, the new nursery for tech businesses moved to Belval, where it continued to operate as an incubator for projects and innovative tech businesses looking for help and accompaniment in starting up.
(article written by the editorial team of the portal luxembourg.lu)