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Leverage venture capital and private investment to support space startups and SMEs - Luxembourg

Launched in 2016, SpaceResources.lu positioned Luxembourg as a hub for space resources and innovation. The government created a dedicated public fund (~€200M), passed Europe’s first law granting companies rights to extracted space resources, and co-invested with private venture capital. This combination of legal certainty + financial incentives + international partnerships attracted dozens of startups and SMEs, including international entrants, and supported the creation of the Luxembourg Space Agency (2018).

Location
Luxembourg
Toolkit Step
Transversal Recommendations
Transversal Recommendations
Global Competitiveness