Luxembourg-based Fit 4 Start Programme has been unveiled for the 2019 edition. The prestigious Programme is welcoming applications from tech firms across the globe, including those from Africa.
Operated by Luxinnovation, Luxembourg’s national innovation agency – the project will accept 20 startups.
Applications will close on August 16, 2019.
The main prize is a grant of 50,000 euros. This will be supplemented by a coaching program that will run for 16 weeks.
During this period, startups will get an opportunity to meet investors and compare notes with tech companies in Luxembourg incubators.
At the end of the Fit 4 Start Programme, successful startups that have raised 50,000 euros in private capital are offered another 100,000-euro grant by the Ministry of the Economy.
There is also another special offer for startups that are innovating the space sector. The Programme says those that will be selected will have access to the data center of the Luxembourg Space Agency. It is the national entry point to data products of the Copernicus Sentinel constellation.