Launch of the Luxembourg Future Fund
At the request of the Luxembourg Government, SNCI, the national credit and investment society, together with the European Investment Fund (EIF), created the Future Fund Luxembourg.
The Future Fund aims at supporting the diversification and the sustainable development of the Luxembourg economy by helping to attract innovative entrepreneurial activities.
The targeted size of the fund will be 150 million euros.
The Luxembourg Future Fund will invest in innovative SMEs active in various areas of technology including ICT and will therefore contribute to the development of a venture capital ecosystem in Luxembourg.