There are a number of reasons to start an innovative company in Luxembourg. Firstly, the country and its legislation make it quite easy to conduct a business. There are a number of regulations related to import, export and taxation. Secondly, there are a number of prestigious and easily accessible research institutions, both private and public working together in innovating. Thirdly, the government supports and encourages innovations with grants and loans. Besides, private funding is also accessible. And last but not least, Luxembourg has an impeccable ICT infrastructure, making it easy to connect with other parts of Europe in order to conduct business.