The Luxembourg Government launched jointly with a group of private investors a seed fund to support the financing and the development of start-ups up to seven years of age which are operating within the national digital economy field. This move is a further step in increasing Luxembourg’s visibility as a hub for launching new innovative activities in one of the key sectors in the country’s economy. The Digital Tech Fund was set-up on the initiative of the Ministry of the Economy as part of the national “Digital Lëtzebuerg” initiative. The main but not exclusive aim of the fund will be to make venture capital investments in companies with projects which have reached the proof of concept stage in fields such as cybersecurity, fintech, big data, digital health, telecommunications and satellite services, or the “Internet of things”. Click here to read more.