{"id":7756,"date":"2020-03-03T13:39:55","date_gmt":"2020-03-03T13:39:55","guid":{"rendered":"https:\/\/website.prod.unilu.spikeseed.cloud\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/"},"modified":"2020-03-03T13:39:55","modified_gmt":"2020-03-03T13:39:55","slug":"snci-supports-creation-of-micro-enterprises-from-research-projects","status":"publish","type":"news","link":"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/","title":{"rendered":"SNCI supports creation of micro-enterprises from research projects"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>The SNCI (<i>Soci\u00e9t\u00e9 Nationale de Cr\u00e9dit et d&#8217;Investissement<\/i>) and the University of Luxembourg signed a new cooperation agreement with the objective to support the creation of micro-enterprises based on projects developed at the University. The agreement was signed by SNCI Chairman Patrick Nickels, and the University of Luxembourg, represented by rector Prof. St\u00e9phane Pallage and the Chairman of the Board of Governors, Yves Elsen.<\/p><p>This SNCI loan instrument, entitled \u201cFacilit\u00e9 Universit\u00e9 du Luxembourg,\u201d is intended to co-finance the business plans of young enterprises whose products, processes or services are based on research projects carried out at the University of Luxembourg, which have reached the marketing stage and which are technologically capable of competing on the market. Given that it is in the interest of the economic development of Luxembourg to facilitate the creation of start-ups that introduce products or services pioneered at the University of Luxembourg this agreement clearly reiterates SNCI\u2019s willingness to support these projects.<\/p><p>The loan instrument is designed for micro-enterprises defined in accordance with EU commission regulations in force. Eligible investments cover for instance the financing of professional buildings, machines, licences, software, or business plans.<\/p><p>The \u201cFacilit\u00e9 Universit\u00e9 du Luxembourg\u201d is a loan facility with interesting terms, including a risk sharing by the SNCI. The SNCI can co-finance up to 250,000 euros, or a maximum of 40% of eligible costs with a maximum term of ten years and a 1% base remuneration.<\/p><p>Patrick Nickels explained: \u201cThe \u201cFacilit\u00e9 Universit\u00e9 du Luxembourg\u201d underscores the SNCI\u2019s willingness to support products or services developed at the University of Luxembourg, as part of its mission to facilitate the creation of young, competitive enterprises that serve the interests of the economic development of the Grand Duchy of Luxembourg.\u201d<\/p><p>For projects which are a direct result of research carried out by the University, for which securing a funding package is often a substantial barrier, this <a href=\"https:\/\/www.snci.lu\/\" target=\"_blank\" title=\"\" rel=\"noopener\">SNCI<\/a> loan facility represents an important element in the financing process. \u201cSNCI\u2019s ongoing support is very encouraging, both for students as they continue to develop their ideas and concepts in a competitive environment, and for the University as we continue to mentor start-ups,\u201d declares Prof. St\u00e9phane Pallage.<\/p>\n<h5 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"university-of-luxembourg\"\n    >\n\u00a9 University of Luxembourg<\/h5>\n<\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>The SNCI (Soci\u00e9t\u00e9 Nationale de Cr\u00e9dit et d&#8217;Investissement) and the University of Luxembourg signed a new cooperation agreement with the objective to support the creation of micro-enterprises based on projects developed at the University. The agreement was signed by SNCI Chairman Patrick Nickels, and the University of Luxembourg, represented by rector Prof. St\u00e9phane Pallage and the Chairman of the Board of Governors, Yves Elsen.<\/p>\n","protected":false},"author":0,"featured_media":7757,"template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false},"news-category":[10],"news-topic":[],"organisation":[233],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SNCI supports creation of micro-enterprises from research projects - University of Luxembourg<\/title>\n<meta name=\"description\" content=\"The SNCI (Soci\u00e9t\u00e9 Nationale de Cr\u00e9dit et d&#039;Investissement) and the University of Luxembourg signed a new cooperation agreement with the objective to support the creation of micro-enterprises based on projects developed at the University. The agreement was signed by SNCI Chairman Patrick Nickels, and the University of Luxembourg, represented by rector Prof. St\u00e9phane Pallage and the Chairman of the Board of Governors, Yves Elsen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SNCI supports creation of micro-enterprises from research projects\" \/>\n<meta property=\"og:description\" content=\"The SNCI (Soci\u00e9t\u00e9 Nationale de Cr\u00e9dit et d&#039;Investissement) and the University of Luxembourg signed a new cooperation agreement with the objective to support the creation of micro-enterprises based on projects developed at the University. The agreement was signed by SNCI Chairman Patrick Nickels, and the University of Luxembourg, represented by rector Prof. St\u00e9phane Pallage and the Chairman of the Board of Governors, Yves Elsen.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"UNI EN\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/uni.lu\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/9\/2020\/03\/snci_soutient_la_creation_de_micro_entreprises_universitaires.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"SNCI supports creation of micro-enterprises from research projects\",\"datePublished\":\"2020-03-03T13:39:55+00:00\",\"dateModified\":\"2020-03-03T13:39:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/\"},\"wordCount\":371,\"publisher\":{\"@id\":\"https:\/\/www.uni.lu\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/9\/2020\/03\/snci_soutient_la_creation_de_micro_entreprises_universitaires.jpg\",\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/\",\"url\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/\",\"name\":\"SNCI supports creation of micro-enterprises from research projects - University of Luxembourg\",\"isPartOf\":{\"@id\":\"https:\/\/www.uni.lu\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/en\/news\/snci-supports-creation-of-micro-enterprises-from-research-projects\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/9\/2020\/03\/snci_soutient_la_creation_de_micro_entreprises_universitaires.jpg\",\"datePublished\":\"2020-03-03T13:39:55+00:00\",\"dateModified\":\"2020-03-03T13:39:55+00:00\",\"description\":\"The SNCI (Soci\u00e9t\u00e9 Nationale de Cr\u00e9dit et d'Investissement) and the University of Luxembourg signed a new cooperation agreement with the objective to support the creation of micro-enterprises based on projects developed at the University. 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