The winner of the first ever Aureus Prize is Juunoo, a Belgian startup aiming to disrupt the construction industry and office spaces in the Greater Region with their proprietary interior walls technology. Their circular business model enables the combination of reusable panels into modular walls that can be dismantled and set up again without dirt, dust, and waste. The winner will now join startups of the University of Luxembourg Incubator’s Accelerator for their USA investor roadshow planned for May 2022.
The Aureus Prize is funded by the Aureus Foundation in partnership with the University of Luxembourg Incubator, Orea Capital, Pulse Foundation and Vlerick Business School. The prize was announced by Luxembourg’s multipreneur Mr Norbert Becker at an award ceremony hosted at the residence of the Ambassador of Belgium, Mr Thomas Lambert.
The University of Luxembourg Incubator also hosted a startup delegation from Belgium’s Vlerick Business School and Pulse Foundation. Four startups – DGenious, Juunoo, Stampix and Qviro – were finalists for the Aureus Prize. Startups of the University of Luxembourg Incubator – EduGamiTec, Food4All, HoneyVerse, Magrid, and NIUM – then presented their projects to the investors and guests from the Belgian delegation.
The rector of the University of Luxembourg, Prof Stéphane Pallage, highlighted the importance of the business ties between Luxembourg and Belgium. He welcomed “the dreamers to the Incubator of the University” and highlighted that “the entrepreneurs are the key and future of our economy and society.”
The winner of the Aureus Prize and CEO of Juunoo, Chris Van de Voorde stated: “I’m very proud that Juunoo was selected as the winner. This will allow us to scale faster in Luxembourg and the USA. It was a great experience, where I’ve met some very inspiring people. I like the result driven mentality, because it is only by doing that we will create impact.”
The President of the Board of Aureus Ars & Scientia, Mr Olivier Van Regemortel, was thrilled to see this partnership with the University of Luxembourg Incubator move forward: “The Aureus prize is a fantastic reward for young entrepreneurs to develop further their company internationally. With Aureus, we pursue a direct and long-term impact for startups in Luxembourg and Europe.”
“We are extremely grateful for the support of Aureus Ars & Scientia,” said Dr Pranjul Shah, responsible of the University of Luxembourg Incubator, “We look forward to expanding our collaboration over the coming years. Onboarding Belgian startups in our Accelerator provides an avenue to bring an international perspective to our startups.”