Aid Schemes For Research, Development And Innovation – Reform Entered Into Force

On 2nd June, the Grand-Duchy of Luxembourg published the new law on the renewal of aid schemes for research, development and innovation (hereafter, the "RDI") and on the missions of the national Agency for the promotion of innovation and research. This law amends the Law of 5 June 2009 on the promotion of research, development and innovation.

This reformed law aims at exploiting in Luxembourg all the potential offered by the EU rules related to State aid to RDI. Due to the multiplication of public and private initiatives in this regard, the present modernisation of the rules is most welcome.

The major amendments introduced by the Law of 17 May 2017 include the extension of the list of aid categories available, the modification of several rates and amounts, as well as the nature of the aid granted. Furthermore, the national Agency for the promotion of innovation and research ("Luxinnovation") will have an active role in terms of aid for RDI.