Luxembourg’s State Aid Support for Research and Development (R&D)
16 June 2021
Intelligentsia Consultants have become increasingly involved in supporting Luxembourgish companies with preparing their applications for state aid support for R&D. In the past year, we have successfully supported Luxembourgish companies to claim R&D state aid subsidies of between €1.2m – €5.5m.
Luxembourg’s Ministry of Economy provides state aid subsidies for R&D to encourage Luxembourgish companies to develop new and innovative products and services. Depending on the size of the company and the stage of development of the product or service, the state aid subsidies can cover between 25 - 80% of R&D costs including personnel, material, consumable and equipment costs.
Based in Luxembourg, Intelligentsia Consultants are highly experienced in preparing successful applications for the R&D state aid subsidies. In particular, we are eager to support more Luxembourgish companies who fulfil the following criteria:
1. The company has been legally registered and active in Luxembourg for at least 3 years.
2. The Luxembourgish company has been profitable over the past 3 years.
3. The Luxembourgish company wants to invest €1m or more during the next 2-3 years in R&D to develop new products and/or services.
If your company fulfils all three criteria and you are interested in support to apply for R&D state aid subsidies, please feel welcome to enquire with us via our contact page.