StartupsVsCovid19 Programme: Developing Innovative Solutions to combat the Societal, Economic and Sanitary Crisis (Luxembourg)

Email
Deadline: 30 April 2020

Within this context and in addition to the general measures already put in place by the Government to support Luxembourg based enterprises, the Ministry of the Economy, together with Luxinnovation, have decided to launch the StartupsVsCovid19 call for projects.

(Ad) Are You Searching for Latest Grants, New Donors, Sample Proposals, Jobs and How to Apply Resources? fundsforNGOs Premium has all these and more at one place! Learn more.

The StartupsVsCovid19 competition is aimed at selecting and supporting the best startups in developing innovative solutions to combat the societal, economic and sanitary crisis we are currently experiencing.

The Luxembourg economy has been facing one of the most important and fast coming crises ever experienced. Since mid-March 2020 the outbreak of the Covid-19 coronavirus obliged governments in Europe and now all over the world to enforce confinement measures to protect their populations. As a result, business activities have dramatically decreased and small and medium sized companies are particularly exposed. Besides the difficulties faced by all type of companies, Startups are among the most affected as they experience the freezing of private investments (VC, Business angels, …) and the postponement of projects with first customers or potential first customers (POC, pilot, demonstration project, …).

(Ad) Stop getting irritated with excessing advertisements. View the information you want quickly on a clean, ad-free and exclusive Member Dashboard that offers tools to search for grants, view latest grant opportunities, upcoming deadlines, sample proposals, downloadable ebooks and also organize your favourites! Learn more.

Nonetheless, even in this difficult situation, Startups continue to prove their capacity to reinvent themselves by using outstanding innovations created by their talented teams at a very fast pace.

Specific programme aimed at:

(Ad) Are you still finding it difficult to search for donors online? Join Premium and use our powerful Donor Search mechanism to find relevant donors based on your country and location or keyword. Our specially developed algorithm will search across the internet for the most relevant and useful donors of your interest willing to fund your work. Learn more.

Supporting young innovative Startups to be able to contribute to the fight against the economic, sanitary and societal impacts caused by the Covid-19 crisis.
Boosting the development of technological solutions / products / services that will tackle the Covid-19 crisis and its economic and societal impact.
Funding Information

The Programme will support Startups selected for participation, having created added value and substance (operations, jobs,…) in Luxembourg by giving access to a grant of up to 150.000 EUR made available by the Ministry of the Economy according to State aid rules.

(Ad) Not able to keep track of so may different grant opportunities and their deadlines? No problem! fundsforNGOs Premium has a handy tool called “Deadline Calendar.” This tool will help you keep track of all upcoming grant opportunities and their deadlines and view them in a beautiful calendar format. Learn more.

The grant will cover 100% of the identified need in line with the objectives of the project with an upper ceiling of 150.000 EUR.

The grant is divided into two tranches, with a first tranche of 75% payable after official approval of the project.
A second tranche payment after completion of the project.
Eligibility Criteria

(Ad) Are you looking for readymade proposals? fundsforNGOs Premium has a vast collection of Sample Proposals from successful grantees around the world. These proposals are available for viewing so that you can quickly get new ideas, best practices, lessons learned and develop your proposal in the perfect manner. Learn more.

Eligible Applicants are all types of young companies with less than 5 years of existence.
To be eligible for a grant from the Ministry of the Economy, the Participant must have a legal entity and operational activities in Luxembourg.
The following information is required:

Organisation fact sheet
Project scope
Implementation & action plan
Impact
Consent
For more information, visit https://www.startupluxembourg.com/startupvscovid19-application-form