Luxembourg's 1st HealthTech Incubator to Open in Spring | #Bimedical #Research #Europe | Luxembourg (Europe) | Scoop.it

During a press conference on Thursday, Luxembourg's Minister of the Economy Franz Fayot announced the creation of a first incubator exclusively dedicated to health technologies (HealthTech) as part of the extension of the House of Biohealth in Esch-Belval.

Offering nearly 350 m2 of furnished laboratory space, the bioincubator will host spin-offs and start-ups. Representing an investment of €850,000, the project will be operational in spring 2021. The bioincubator will be housed in the House of Biohealth and will be able to accommodate between eight and ten spin-offs and start-ups during the first two to three years of starting their activities.

The bioincubator is expected to accelerate the economic impact of investments devoted to developing public biomedical research in Luxembourg. In addition to the provision of fully equipped laboratory spaces, the hosted companies will benefit from professional support in terms of business development specific to the HealthTech sector.

 

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