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14 March, 2014 in news
Ways entrepreneurs are supported in Luxembourg
Marina our Community Project Manager & Kasia from Gencreo were invited to speak at the last www.thenetwork.lu event taking place in Sofitel Kirchberg. The theme of the evening of the event was “new place for entrepreneurs in Luxembourg”.
The two other speakers were Diego De Biasio (CEO of Technoport & only gentlemen of the evening) and Patrice Caire an award winning PHD in Computer Science working on technology transfer project around conviviality & aging well at Interdisciplinary Centre for Security, Reliability and Trust at University of Luxembourg.
They were followed by Marina, who is a project Manger at The Impactory were she support early stage entrepreneurs “Women have the skills to start their own business but are often lacking of confidence” “It’s important not to stay alone when you are considering a business idea. Working from home is a nice perks at the beginning but quickly you will need support and being around other entrepreneurial people will help to move forward and stay motivated. You will also learn from other mistakes & experience which save you lot of time.”
Last speaker of the day, Kasia, is also a member of The Impactory and now co-founder ofGencreo a Startup talked about her own experience as a user of such places.
Before discovering entrepreneurial ecosystem in Luxembourg and becoming Co-founder of startup GenCreo and Git Luxembourg, Kasia was working six years in logistic corporation in various countries. Thanks to The Impactory, StartupWeekend and Technoport she managed to successfully changed her career path. She used The Impactory in various ways, attending trainings, organizing workshops like creating website, online safety and security, building blocks of the internet, co-organizing Girls in Tech Luxembourg. She encourages all who would like to be inspired by courageous entrepreneurs, test their ideas in open and supportive environment or attend an interesting events to check The Impactory.
The evening was followed by a networking session. No doubt that many women who have attended are now considering to join these new spaces to get the support to realize their dream of working for themselves and fulfill their creative potential
10 March, 2014 in news, The Impactory

The Impactory calls itself a ‘‘community’’ where people can build a business. It offers workshops like an introductory course on web development for women, above. CLAIRE BARTHELEMY/THE NEW YORK TIMES
New York Times, featured an article on Luxmbourgish start-up called the “All Square” a social network for golfers and Technoport on March 9, 2014. Also highlighting other players in entrepreneurial ecosystem in Luxembourg like The Impactory, Luxembourg Business Angle Network, Europe4Startup, KPMG’s K-Start and PwC’s Accelerator. Read more.
For more details: Read the article, click here
25 February, 2014 in members, news, The Impactory
Our in-house journalist Katie Nail is following some of all the exciting companies at the Impactory. Meet TUTOR-DIS.
One of the many challenges people with intellectual disabilities faces is entering the workforce. While some companies offer integration programs, researchers at the Asociación Feaps Para El Empleo (AFEM) and the Instituto De Biomecánica De Valencia (IBV) found that the intellectually disabled struggle with aspects of daily life at work that make it difficult to retain their position.

“We discovered that most of the difficulties that these people have in working environments are related with memory, time management, communication, orientation and autonomy,” said Alberto Ferreras, a researcher for the IBV.
Since 2006 the AFEM and IBV have been coordinating projects and conducting research on how to improve the adaptation of intellectually disabled people into work environments and enhance their employability.
They had hoped to help individuals entering the workplace through technology but found that existing software systems were not designed for people with special needs. So the AFEM and IBV decided they would have to create the technology, and as a result the idea for Tutor-Dis was born.
“The purpose of TUTOR-DIS is to facilitate the improvement of learning, time management, communication, and in short, the autonomy of people with intellectual disabilities,” said Ferreras.
They created an app for Android phones designed specifically for people with intellectual disabilities. The app is a series of instructions, reminders, checklists, and questionnaires all focused on helping the individual during their workday. Creating the App allowed the two teams to address the general areas of difficulty specific to the intellectually disabled. The TUTOR-DIS app is also flexible enough to give the individual user the ability to tailor the program to his or her specific needs.

The program launched in 2012 and already more than 100 companies and individuals are using Tutor-Dis. It has also created a demand within other disabled communities for similar software.
Because the app has been so well received, both the AFEM and IBV would like to continue developing the software, offer technical support for its users, and find ways of spreading the project to a more users. However, like many apps, generating income to expand the project has been challenging. In 2013, after participating in a EIB Social Innovation Competition and winning mentoring services, Tutor-Dis began working with The Impactory.
“Two essential aspects for [Tutor-Dis] are how to develop a viable business model and how to ensure that the idea reaches all the potential beneficiaries,” said Ferreras. “The Impactory is giving support [on] these topics.”
Thanks to the award from the EIB, the Tutor-Dis team members have visited Luxembourg to receive business coaching from Hedda Pahlson-Moller, co-founder of the Impactory and Business Angel/Impact Investor (OMSINT). They have begun to work on a strategic vision and business model for sustainable growth. She has also visited them in Valencia, Spain.
“The Impactory is delighted to support such an innovative team merging social integration and impact measures…and look forward to developing the partnership with IBV to foster further cross-collaboration and support of social impact focused businesses,” Pahlson-Moller said.
Hopefully through their relationship with The Impactory, Tutor-Dis will have the opportunity to develop its model far beyond Spain’s borders and help users with a variety of tasks and languages.
For more information on Tutor-Dis visit their facebook page at https://www.facebook.com/TutorDis
Tags: EIB, mobile app, social impact, TUTOR-DIS
19 February, 2014 in news

New Entrepreneurial Innovation Centers in Luxembourg
Wednesday, 26 02 14-Wednesday, 26 02 14 (Sofitel, Kirchberg Kirchberg, Luxembourg)
Ways that Entrepreneurs are supported in Luxembourg
Supporting Entrepreneurship is important to Luxembourg.
This event will give you an idea of the great strides that Luxembourg is taking with a variety of centres who fund and support entrepreneurial activities.Numerous places for innovation, dedicated to entrepreneurs and innovative project leaders, are now developing in Luxembourg. The new government also makes innovation a national priority.
What do these new places offer? What do we find there? How can entrepreneurs use them? Are they the places where the Luxembourg of tomorrow is built today?
What are the opportunities and challenges of creating Information and Communication Technology based (ICT) projects in Luxembourg? What are the financing mechanisms? Private/public, local/ global?
Speakers :
• Diego Debiasio, CEO, Technoport
• Marina Thiriet, Community manager, The Impactory
• Katarzyna Kolodziejczyk, Co-founder , GenCreo
• Patrice Caire, Research Associate, University of Luxembourg, SnT interdisciplinary center
Booking in advance is not required for this meeting. Click here
13 February, 2014 in news
Post written by Katie Nail
Some people might think that going into business with total strangers is a horrible idea, but four members of Lingonote couldn’t disagree more. The team met this past November at the Luxembourg Startup Weekend. The Startup Weekend is an international non-profit that helps entrepreneurs develop their business ideas and form teams to develop their product.
Timo Modeen came to the SUW with an idea for Linognote, an app that helps children learn other languages through song. “I didn’t go to the Startup Weekend with too much expectation of success,” said Modeen. “But I thought the idea was good basically…I thought I would go there and see what happened.”
What happened is that he met Gheorghe Moraru, Lionel Abderemane, and Antoine Oberlaender. “It was not planned at all…” Moraru said. “I don’t know if [we] have managed to express how random it was.” With time being limited, the group immediately set about developing Modeen’s idea. They had to put together a financial plan, choose a name, conduct market research, and prepare a presentation that would explain their project to the weekend judges –trying to get to know one another in the process. “The Startup Weekend forces you to make decisions very quickly,” Modden said. Commenting on the quick turnaround time, Moraru stated, “We basically prepared everything that we showed at the end on the last day. It was really crazy.”
All of their hard work was rewarded at the end of the weekend when Lingonote was awarded 2nd place.
The idea for Lingonote began with Fergal Kavanagh who runs Tune into English in Italy and is the 5th member of the Lingonote team. Based in Naples, he teaches children English through song. Modeen is friends with Kavanagh and approached him about using the educational song concept for an online application after seeing the effectiveness of his work in Italy.
Modeen wanted to create an app that allows children to learn languages through song. “The whole idea is that this is an application that parents feel happy downloading with educational value,” explained Modeen. His goal is “to get the fun aspects and excitement Kavanagh creates with kids as they learn into an online application.”
The first phase of the project is aimed at young children, toddlers up to eight years old. Most of the songs will be taken from the public domain, so it will utilize music that the children are familiar with. As the children listen to the songs, they are gradually able to separate individual phrases and then words. They begin learning the language with the song, and then the app helps to reinforce what they’ve learned through games and more music.
Once the app for children is successful, the team hopes to launch a similar program for adults using pop music. Eventually they hope to launch a variety of apps that teach a wide range of skills from languages to gardening. As their project develops each person has taken on different roles within the business, organically growing from the time of the Startup Weekend.
The team credits The Impactory with helping them maintain momentum after the SUW. According to Modeen, “The Impactory has definitely played an important role for us, both in terms of providing us with a place to meet and work, as well as allowing us to meet and exchange ideas with other people in the startup community.”
All groups who participated in the SUW were offered use of The Impactory. Per-Fredrik Hagermark, co-founder of The Impactory, said the reason for this is, “The weeks directly after (the SUW) are really critical ones to take the SUW project and make it a reality.” Three months since first meeting, the Lingonote team seems to have kept their momentum. Proving that perhaps strangers do make the best business partners.
Tags: Lingonote, members, startup weekend
7 February, 2014 in external events, news
Last Tuesday Amcham’s New Business & Entrepreneurship Committee, NBA, arranged an evening around the 1-1-1 Company. The topic is hot and important so the sold-out house was no surprise despite various other competing events that night. The evening was organised and moderated by Jed Grant and Pedro Castilho, the chair and vice-chair of the NBE. The team had brought together a great panel adding various dimensions to the challenges entrepreneurs face when they try to start a legal entity and get going with the actual business. In support of the Amcham Luxembourg – New Business & Entrepreneurs Committee “111 company” initiative, The Impactory has launched an online petition. Please sign it here.
So what is the 1-1-1 Company, or Sàrl Simplifiée as it is officially called? This slide tells it in a nutshell.

For more photos from the event go to the Amcham site.
The panel started off with Vincent Hieff, Head of Espace Entreprises at the Chamber of Commerce. He explained the reasons and thinking behind the work the Chamber did in 2011 when they made the detailed suggestion for the Sàrl Simplifiée. Full text here. In addition to making company creation for a small business starting from scratch very easy, it is also great branding for Luxembourg. It will make Luxembourg a more attractive place in general.
Cristina Picco from Mamie et Moi told her story about the origins of their idea. It started 2012 – the year of active ageing. With her business partner Camille Alexandre they started building the idea of Mamie et Moi. The idea was to sell high quality knitware for children. All handmade by older ladies – les mamies – as and when they feel like knitting something. Mamie et Moi is something of a slow e-commerce. I.e. you pick your model and size online, place an order and then Mamie et Moi asks in the network of mamies who is ready and willing to knit that item. A few weeks later a beautiful piece of knitware arrives to the customer. All sounds great, right? Only one thing. The mamies are not allowed to knit for Mamie et Moi unless they are trained knitters with a diploma. At this point the auditorium in the basement of BGL burst out in a collective “what?! that’s crazy!”.
This opened up for the other big item that could improve the entrepreneurial landscape immensely: removing the requirement for an Authorisation d’Etablissement for as many activities as possible (health and safety excluded of course). At this point Vincent added the improvement that has been made, albeit a compromise as opposed to a full solution. Nevertheless now you only need a diploma in the field of activity or three years of work experience in any field. Before your work experience had to be in the field of activity and you needed a diploma. Neatly blocking the road for many career shifters.
Mate Horvath was next up. He started projectbike.lu also a real life shop at 321 Route d’Arlon. It’s a bike shop where you can customise your own favourite bike. They are focusing on fixed gear bikes. Mate started this business out of pure love of bikes and design. In order to set up his Sarl he had to get inventive since he did not have €12 500 in cash. He did what the accountants call an ’apport en nature’ by adding his car to the balance sheet and with some cash savings from his studies, he was told he had €12 500 in the balance sheet. He also came across FUSE and their microcredit programme which helped him. More info on eco.lu.
Marc Meyers, Partner at Fiduciaire du Grande-Duche de Luxembourg also saw the benefits. He did point out a very valid point: the important reality after company creation is actually running the business. There are many pitfalls and issues. The 1€ capital might not be suitable for capital intensive activities and you have to fully capitalise directly.
Bob Kieffer from BGL BNP Parisbas and a Lux Futurelab Startup specialist was last out. This meant he could in principle just agree with all prior panelists. He did add a very good clarification and reason to why BGL BNP Paribas has started Lux Futurelab. Since they are very slow to lend money to high-risks startups in order to be good stewards of their depositors’ money, they had to come up with something else. The Lux Futurelab team with Karin Schintgen and Tracey Urdiales set up the Lux Futurelab, a workplace for entrepreneurs. Instead of lending money they offer very professional office space and other services in the most central location in town.
At the Q&A we heard more testimonials from entrepreneurs on how a Sàrl Simplifiée and abolishing the requirement of an Authorisation d’Etablissement could make real impact on entrepreneurship in Luxembourg. Amcham NBE committee has written a manifesto on the subject. It saw the public light for a first time this event and will soon be available online. There will also be more to read about Amcham’s position on Authorisation d’Etbalissement, the Sàrl Simplifiée and bankruptcy law changes in the upcoming issue of Connexion.
This was a great and well needed event that added momentum to the energy on the ground among the entrepreneurs. Now we need to build on this momentum the event has created and work as a community to promote some simple changes that will create some real measurable impact. It is time for politicians to put things into action. To use a popular tagline as slogan – Just Do It!
Tags: 111 company, Amcham, authorisation d'etablissement, BGL BNP Paribas, Bob Kieffer, business license, chambre de commerce, Cristina Picco, entrepreneurship, Espace Entreprises, Fiduciaire du Grande-Duche de Luxembourg, Futurelab, Jed Grant, mamie et moi, Marc Meyers, Mate Horvath, Pedro Castilho, Project Bike, Sàrl Simplifiée, Vincent Hieff
24 December, 2013 in news
One story we started telling in the last newsletter was about the various projects targeting digital skills. We sat down and tried to understand the reason for the strong impact in this field. We’re sharing that discussion here and would love to hear why you think digital skills are in such demand and more importantly how it can shape our future.
Our starting point is that coding is the language between humans and computers. We certainly could benefit from learning this language more in-depth. We spend an increasing amount of time on computers, mobiles and tablets and we consume the web – social networks, games, application, e-commerce, enterprise applications etc. – but do we know how it all really works?
The ones of us who have kids see the huge impact screens have in our kids’ lives. Kids and teenagers are so called “digital natives”. It turns out that our children are really good at using the internet but mostly as passive users. As a result, they miss out the chance to gain skills they could capitalise on for life. They risk losing real life social skills. The idea is not to turn every kid into an IT specialist but give them the chance to learn how to use the technology in a smart way. Don’t we all want them to be confident, creative, value adding and responsible digital natives?
For adults alike the digital economy has a lot to offer. If you want to improve your chances to be part of it, digital skills can make a real difference on the job market or when deciding to launch your own business. Unfortunately it’s now established that women tend not to be present in the digital economy and therefore do not grab the numerous, creative, opportunities offered to them.
As you read in the last newsletter, the various projects we have run at the Impactory led to an invitation from Nellie Kroes Young Advisors to Marina to become the Luxembourg Ambassador of the EU Code Week (initiative launched by European Commission to give everyone the chance to learn what coding is about). The Impactory was delighted to be part of the action, providing space and support so these initiatives, for the benefit of community, with 100 participants involved!
The initiatives around coding were started from scratch with no resources other than high motivation from a group of people who were able to get help from other passionate people. More than ten volunteers contributed to the initiatives and events. They helped with teaching, coordinating, working on the communication side or serving food and drinks. A huge shout out to you all! You know who you are.
Marina, our Community & Projects Manager, and the EU Code Week ambassador says “It’s really rewarding to see that so many people got involved and were so happy about it. Luxembourg did very well for this first EU Code Week and I hope we can reach more people the next time. Key now is to find support”. In early December Marina was also invited to a conference on e-skills in Bruxelles. “It’s clear that everybody thinks this topic is getting critical”, she concludes.
The most frequently asked question we have heard since the EU Code Week has been “Will you organise it again?”. To keep the various projects we have started going we need volunteers, support and sponsors. During the last couple of months, links have been established with relevant government and industry representatives. The next step is to solidify these relationships and turn them into action. We’re delighted that Xavier Bettel is not only the Prime minister but also the Minister in charge of ICT. We hope to see a willingness from the new government to participate in our activities next year.
Tags: Code Club, EU CODE WEEK, Impactory, Nellie Kroes, Xavier Bettel
29 November, 2013 in news
Last night was la Grande Soirée de Clôture for the second edition of 123 Go Social at Kulturfabrik in Esch. It was a beautiful evening honoured with the presence of La Grande-Duchesse, Minster Romain Schneider and Minister Nicolas Schmit the mayor of Esch Lydia Mutsch in addition to the real stars – the brave entrepreneurs.

As a very interesting addition there was a lecture by professor Tim Jackson from the University of Surrey. His theme was Prosperity without growth. How we go from unsustainable finance and growth driven by unsustainable prices that continously go down. Well the crisis that hit the whole system has made prices go up and made us behave differently. We stop being the eternal consumers to actually start saving again as on of his charts showed. It is a constant dilemma the conflict between human beings and economics. It is a lie to say we are not sellfish for instance. But the good news is that there are a tremendous amount of opportunity in this. Mr. Jackson looked at one such specific area: enterprise as service. The local service industry is one that can help up create a system that is both more human, supports a greener economy and in the end a more stable monetary system. An approach where we start treading more lightly on the earth we live on can help us. Fuelled by impact investments social enterprises can grow.
The Royal Bank of Scotland, RBS, has started an index – the Social Enterprise 100 or The SE100. The total value of the companies in this index is still tiny and is far form making a dent in the total world economy. But it’s there and it’s growing. Interestingly enough Professor Jackson has found 2m companies in the EU that can be classed as social enterprises. They employ 11m people. These are numbers that start to register.
But now…..The winners are:
- Empowerment 4 employment
- Chocolats du Cœur
- Habitat Partagé Intergénérationnel
Congratulations! And that goes out to all 10 finalists who made it all the way to a ready business plan and in some cases a business that is up and running. Among the other seven projects we find Impactory members Cristina and Camille from Mamieetmoi. The other finalists are Xavier Morelle with Bookics, Cercle Gaby Schroell (Muriel Jeitz), Horizon Handimanagement (Pascale Marchal Griveaud), IBLA (Raymond Aendekerk), Kolondjo & Co (Marcel Boawéssé Kombia) and music:LX (Patrice Hourbette).
23 November, 2013 in news
Action Lab is about getting you to move on your project and find creative solutions that make a difference. This might sound like big words, but applying simple processes and tools you can actually reach goals and solutions you thought were impossible. If you missed this lunch here is a summary and you are invited to the next Action Lab lunch on 11 December
The second Action Lab lunch workshop was hosted by ESADE Alumni at the Impactory. Guadelupe de la Mata took us through some tools for co-creation which will take your idea from just a worthless idea in your head to a valuable project or business.
After some theory and discussions we got to practice the three main steps outlined below.
Co-reflect: Ask for the purpose of the activity/idea. Create vision. Key here is to do this on dialogue and listening. It is not about hearing what we want to hear. Tools here are sensing journey, empathy map, interviews etc.
Co-imagine: brainstorming, 6 thinking hats, Art of hosting. Don’t judge ideas at this stage.
Co-act: Experimentation and prototyping are key to this step. The way to go is to Fail fast, fail cheap and learn fast. When prototyping don’t ask for validation. Ask for real feedback and criticism.
Does it all seem viable after these steps? First happy customers are served and have paid? If you can answer yes on this question, the scale!
Next and last Action Lab for this time will focus on leadership. Collaboration does not mean total anarchy and lack of leadership. How to develop and build leadership in a co-creative and collaborative setting is the subject Paco will lead us through at the next Action Lab. Information and registration here.
Tags: Action Lab, Art Of Hosting, collaboration, ESADE Alumni, Meaningful Lunch
14 November, 2013 in news

Yesterday Pierre Kihn from Office Freylinger hosted a workshop on Intellectual Property at the Impactory. It was a great session taking the participants through all the different types of intellectual property and the laws that regulate them.
Pierre, knows his trade very well, and also how to explain it. Using a simple ball point pen as a case study or example he went through all the main components such as trade secrets, design protection, patent and copyright.
Some highlights were the daunting fact that over a ten year period the share of company values derived from intellectual property has grown from 8% to 80%. This is based on a study by Arthur D Little looking at companies on the S&P 500 list.

Looking at the top 10 list of the most valuable companies in the world one can clearly see that these are companies valued on their intellectual property. Pierre quoted the former head of Coca-Cola who once said that if every plant and bottling operation burnt down he could still rebuild the company based on the high value the brand has.
After the session Pierre spent time with members who had specific questions around their own business and intellectual property. On top of that he also offered a special rate plan exclusive to Impactory members which is of great value to the community. In a start-up situation every cent counts and it is important to get incentives to still make some investments in things that really matter. Intellectual property protection is one of them.
Tags: Intellectual property, office freylinger, pierre kihn, The Impactory
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