After the original project faced opposition and environmental concerns from residents and authorities in Graz, it moved to a rural community outside the city
The city will provide 600,000 euros for the project, inspired by a submission in the participatory budget
The Government has presented the idea, but some of the business actors are not too keen on it
After the original project faced opposition and environmental concerns from residents and authorities in Graz, it moved to a rural community outside the city
The Polish officials claim that Kremlin intends to use its Baltic territory as a springboard for illegal migrants into the EU
Local authorities want to fill the mobility gap left by the Bundestag’s delayed decision on a successor to the 9-euro ticket
The Hanseatic City is trying to promote the mass adoption of sustainable mobility and aviation
The vessels have been regularly blamed for raising the city’s air pollution levels
A very unique feature of the new system is that they will rotate on a 360-degree axis
Training the future builders of the metaverse
The subsidy will help renters take part in the production of cheap and climate-friendly energy
The city expects that it will recoup the 3.8-million-euro investment in the next four years
In 2021, the city counted over 10,617,173 cycling trips. Will the record be beaten?
The city’s taxi services are getting integrated into the AMB Mobility app as a way to optimize their driving routes and to provide better intermodality
More comfortable and ecological, no more anxiety while being out and about in the city
The Polish officials claim that Kremlin intends to use its Baltic territory as a springboard for illegal migrants into the EU
A very unique feature of the new system is that they will rotate on a 360-degree axis
More than 200,000 visitors are expected to pay tribute to dearly departed ones, but in the French capital some of these spots are also famous tourist sites
Training the future builders of the metaverse
For the next ten years, the initiative will aim to bridge the gap between those at risk of social exclusion and the tech labour market
The subsidy will help renters take part in the production of cheap and climate-friendly energy
The city will provide 600,000 euros for the project, inspired by a submission in the participatory budget
A view of Luxembourg City
Luxembourg boasts steady economic growth and stable political institutions
“Silicon Valley” is the label of a well-known southern San Francisco Bay area in California where all the world’s tech giants such as Google and Facebook have set up their bases. In general, more and more “Silicon Valley” tech start-ups demonstrate a diversity of industries. Smart solutions, such as artificial intelligence or autonomous vehicles facilitate the lives of societies unquestionably.
Today, European venture investments have already reached EUR 43.8 billion in value, according to CNBC data. Big cities of Europe, such as London, Stockholm, or Munich are the centres of highly developed economies. However, the wealthiest partof the Benelux region, Luxembourg, has demonstrated commendable progress in business digitalization.
According to Startupheatmap, from 2018 to 2019 this small country’s tech ecosystem funding has quadrupled. The Grand Duchy has often been facing challenges such as its small size, lack of natural resources, and landlocked geographical location. Yet, these days, the following question arises: is Luxembourg becoming the Silicon Valley of Europe?
Located at the heart of Europe and between Germany, France, and Belgium, Luxembourg boasts stable economic, political and social environments suitable for the growth of start-ups. One of the most important drivers for innovation is diversity and the Grand Duchy is something of an expert in embracing this.
The majority of its inhabitants are foreigners and most speak four languages – as a result one could speak of the presence of diverse business orientation. At present, approximately 500 start-up communities have already set up shop in the country.
Luxembourg also promotes itself as a forward-looking nation defined by the active cooperation between stakeholders and government bodies. Recently financed by the Ministry of the Economy, the Luxembourg start-up portal has been launched to level up the digital economy.
Also, the fact that the University of Luxembourg ranked 12 in the Times Higher Education (THE) Young University Rankings 2018, creates resources for many companies to retain the multilingual speakers’ talent pool. The country has also been ranked as the second most sustainable in the world by the 2020 Environmental Performance Index.
All of the above is an indication that Luxembourg is more than willing to develop as a sustainable nation. Additionally, the pro-business environment offers simple access and valid resources to decision-makers, such as investors or public authorities, to expand the tech entrepreneurship scene.
Luxembourg has plans to become the most trusted data economy market within the European Union by 2023
For a long time, Luxembourg has been a global financial leader and it is now also a centre for fintech and data-driven businesses. The Grand Duchy has plans to become the most trusted data economy market within the European Union by 2023.
Luxembourg’s ICT infrastructure such as data centres, connectivity and, most importantly, cybersecurity are regarded as high-end. Therefore, these reliable data processing capacities provide a suitable medium for e-commerce and e-payment companies to prosper.
To give an example, big players such as Amazon, Paypal and Rakuten have chosen Luxembourg as their European headquarters. Also, this country’s human resources are replete with PhD graduates and ICT specialists, a fact that boosts the long-term strategies of the fintech sector. In other words, large companies, SMEs and start-ups have opportunities for the development of digital skills of their staff.
Big players such as Amazon, Paypal and Rakuten have chosen Luxembourg as their headquarters‘ base in Europe
Space ambitions have been declared in Luxembourg since the 2016 launch of SpaceResources.lu – making Luxembourg the first to adopt long-term space resources. The country endeavours to attract companies and talents that will develop a robust ecosystem for the space sector.
It is important to mention that to captivate young professionals is not a simple mission. However, Luxembourg strives to create a versatile community of space pioneers, including companies and citizens. Consequently, around 50 aerospace players are flourishing with different ideas.
In general, what has changed about this industry is that the sector has become increasingly privatized. It has created conditions for more innovation and venture capital to flow in. Today, Luxembourg can offer not only support for funding and research resources but also a network of international contacts.
The country endeavours to attract companies and talents that will develop a robust ecosystem for the space sector
One of the key formulas for a thriving technologies ecosystem is to embrace openness and easy exchange of ideas. It is not only about sharing, but is also about networking and cooperating to actively complement each side of the value supply.
Despite its small size, Luxembourg has been demonstrating strong technological and digitalization achievements in the past years. When juxtaposed to strong European technology hub spots, such as London or Berlin, Luxembourg’s efforts and initiatives appear even more impressive.
The country’s economy has been growing steadily and the political system prioritizes disruptive initiatives. Local and international talents can get high-quality education at the University of Luxembourg and grow within the national ecosystem.
Data-driven solutions and especially fintech players have already settled in the Grand Duchy. Aerospace and satellite communications create a distinguished sector that furthers scientific expansion.
Overall, the question of Luxembourg becoming a new “Silicon Valley” is more dependent on time and niche exploration. As it has been pointed out, the country has all the strategic capabilities to provide tech start-up funding and digitalization opportunities for SMEs and large companies.
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The Government has presented the idea, but some of the business actors are not too keen on it
After the original project faced opposition and environmental concerns from residents and authorities in Graz, it moved to a rural community outside the city
The Polish officials claim that Kremlin intends to use its Baltic territory as a springboard for illegal migrants into the EU
A very unique feature of the new system is that they will rotate on a 360-degree axis
Training the future builders of the metaverse
The city’s taxi services are getting integrated into the AMB Mobility app as a way to optimize their driving routes and to provide better intermodality
More comfortable and ecological, no more anxiety while being out and about in the city
The global forum concluded a month ago but this time around it aims to have further-reaching impact
The subsidy will help renters take part in the production of cheap and climate-friendly energy
The Government has presented the idea, but some of the business actors are not too keen on it
A very unique feature of the new system is that they will rotate on a 360-degree axis
The subsidy will help renters take part in the production of cheap and climate-friendly energy
This initiative seeks to integrate the values of the New European Bauhaus into the European Commission’s 100 Cities Mission
These will be spread across 11 EU countries and will serve to support the EU Missions
The European Commission has accepted to develop the idea
A conversation with the President of the European Committee of the Regions, about energy, climate change and the underrated importance of cohesion policy
Interview with Herald Ruijters, Director, Directorate-General for Mobility and Transport (DG MOVE), European Commission
A conversation with the Mayor of Matosinhos, Portugal’s first UN Resilience Hub