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Project factsheets
Seed4Start 98 Cross-border
economic
development
A few figures for the first two forums in 2012 and 2013: 135
Selection of projects
2012 forum 2013 forum
Applications 98 118
Candidates chosen at the pre-selection stage 60 49
Start-ups pre-selected for training 34 29
Start-ups selected for “Pitching Days” 20 20
Profile of projects presented
2012 forum 2013 forum Total
Total amount sought €10.5 €6.2 €16.7
Businesses in development phase 12 9 21
Businesses in commercialisation phase 8 11 19
Jobs ultimately created 82 109 191
135 Source :
To what extent can this good practice be
adopted in other cross-border territories?
Financial support to SMEs is a problematic area for cross-border
cooperation programmes since the extremely strict State aid
regulations greatly restrict businesses’ abilities to benefit from
European funds. However, public stakeholders (territorial authorities,
investment banks, consular chambers, etc.) wish to address this
issue in their strategic thinking and operational projects. Private
equity funds are therefore emerging on all of the EU’s borders as
a possible solution to support (through financial, tax and legal
expertise, etc.) and provide private finance for economic activity in
cross-border territories.
It should be noted that a similar initiative has been implemented on
the French-Belgian border, with co-financing from the INTERREG
IV A France-Wallonia-Flanders programme: the French-Walloon
Business Angels Platform.
Pour plus d’informations:
Contact:
Frédérique GUETH
Manager Business Initiative asbl
Luxembourg Chamber of Commerce
+ 352 423 939 272