Accelerated Training - Aid Scheme for Newly-Started Businesses

This accelerated training course is aimed exclusively at entrepreneurs who are eligible for the aid scheme for newly created businesses in Luxembourg, in the trade and craft sectors, subject to an establishment permit, and who:

• Cannot be exempted from business management training in the form of a support program organised or recognised by professional chambers under the law governing this aid scheme; and

• Have obtained an authorisation prior to the coming into force of this law, and their authorisation must be dated less than 6 months prior to registration for this training.

Its aim is to give the new entrepreneur a privileged opportunity to take a step back from the first few months of business, and to help him or her introduce or re-introduce good start-up management practices.

Entrepreneurs are invited to contact the House of Entrepreneurship:

• To check beforehand whether they are eligible for this assistance

• To discuss a free support package tailored to the company's current phase, i.e., the first year of operation

Contact the house of entrepreneurship

At the end of the course, each participant will be able to:

• (Re)implement best practices for the legal and financial management of very young companies 

• Self-assess the current relevance of their initial business plan and financial forecast, and adapt them in line with current reality.

• Create a simple, effective presentation of the company's vision and offering, with the aim of convincing professional partners, including financial ones. 

• Rethink, if necessary, the company's governance and realign with stakeholders, in the light of the first months of business.

Business plan, sales pitch and financial monitoring essentials

• Reminder: why write a business plan, even an "express" one?
• Challenge your existing business plan after the first 3 to 6 months of operation
• Reminder: best practices for presenting your sales offer to customers
• Set up a pitch deck to approach professional partners, including financial partners
• Reminder: the fundamentals of financial forecasting
• Compare your initial financial plan with reality and adapt your forecasts
• Reminder: accounting, social and tax obligations of the manager and key declarations

Business management and public aid schemes

• Company organisation and roles: a reminder
• Adapting governance after launch and managing relations between partners 
• The manager's responsibility: setting up a dashboard  
• Keeping abreast of legal developments in Luxembourg and Europe: overview of important laws and regulations to be taken into account 
• Understanding the main institutional sources of financing and the main principles of SME aid schemes
• Managing banking relations: communicating effectively and preventing difficulties

• Have set up your first business less than 6 months ago and be operating in Luxembourg on the basis of a valid establishment permit

• Have a computer (PC or Mac) and an Internet connection

• Basic computer skills

This accelerated training course is aimed exclusively at entrepreneurs who are eligible for the aid scheme for newly created businesses in Luxembourg, in the trade and craft sectors, subject to an establishment permit, and who:

• Cannot be exempted from business management training in the form of a support program organized or recognized by professional chambers under the law governing this aid scheme; and

• Have obtained an authorisation prior to the coming into force of this law, and their authorisation must be less than 6 months old at the time of registration for this training.

At the end of the course, participants will receive a certificate of attendance issued by the House of Training.

Criteria for registration 

In order to be admitted to this course, a PDF copy of your business permit, dated less than 6 months, must be attached to your application.  

Registration and payment must be in made online, after creating a customer account. 

Upon receipt and validation of the document, you will be contacted by the House of Training Customer Service department and will then be able to finalise your registration. A registration confirmation will then be sent to you automatically by e-mail.