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General

Proximus, SES invest in Luxembourg Digital Tech Fund

Wednesday 13 April 2016 | 16:05 CET | News
Proximus and SES are among the initial investors in a fund worth EUR 20 million to invest in finance technology start-ups in the Luxembourg ICT sector. The Digital Tech Fund was announced the Luxembourg Deputy Prime Minister and Minister of the Economy Etienne Schneider. The state will contribute EUR 5 million to the fund, which will focus on acquiring stakes in innovative companies created less than seven years ago. The University of Luxembourg will also participate, contributing EUR 1 million and working with the start-ups on research and development. 

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Categories: General
Companies: Proximus / SES
Countries: Luxembourg
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