For instance, in Luxembourg, the state is going to double your investment (up to a million €) while not taking any parts in the company. But you must pass a comittee which decides on whether you get the funding or not. (http://www.eco.public.lu/salle_de_presse/com_presse_et_art_a...)
There is still much more: E.g. reimbursement of fair costs, 40% salary takeover by the state if you hire university graduates which haven't yet found a job, etc...
May someone well-versed in the dark art which is French elaborate more on this program? Is it open only to EU members? Would a startup without millions of capital might really be eligible?
Your company must be based in Luxembourg, so you must have an authorization to create a company in Luxembourg which is sometimes hard to get. But they are trying to improve things there.
You will get the help only once and it will only match the investment you invest into your company as well. So if invest 0€ into your company, you will also get 0€.
but what about residency? From what I gathered at your linked website (tnx btw, seems like a great resource) their work permit (aka working for an employer) rules are pretty lax... Is it the same for working on your own?
For instance, in Luxembourg, the state is going to double your investment (up to a million €) while not taking any parts in the company. But you must pass a comittee which decides on whether you get the funding or not. (http://www.eco.public.lu/salle_de_presse/com_presse_et_art_a...)
There is still much more: E.g. reimbursement of fair costs, 40% salary takeover by the state if you hire university graduates which haven't yet found a job, etc...