Luxinnovation

Luxinnovation is a Luxembourg government funding agency that supports research and development projects for eligible companies. The organization excludes companies in financial difficulty, including those with significant capital losses, high debt ratios, or undergoing insolvency proceedings. Applications are available through their official website at luxinnovation.lu for qualifying businesses operating in Luxembourg.

Please note that companies in difficulty are ineligible.

It concerns the following situations:

For all companies (excluding SME < 3 years of existence): more than half of subscribed share capital (share premium included) has disappeared as a result of accumulated losses
Large enterprises, if within the last 2 years:
book debt to equity ratio > 7.5
EBITDA interest coverage ratio < 1.0
If restructuring (following a rescue or restructuring aid), subject to collective insolvency proceedings or an outstanding recovery order of a State aid.