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Starting a business is still possible, financing one is much harder

02.07.2026 - Delano

Pressespiegel

Luxembourg entrepreneurs continue to set up businesses and invest despite the uncertain economic climate, even though access to finance has now emerged as the main obstacle to the growth of start-ups, ahead of recruitment difficulties and set-up costs.

Luxembourg continues to boast one of the most dynamic entrepreneurial scenes in Europe. According to the Global Entrepreneurship Monitor (GEM) Luxembourg 2025/2026, presented on 2 July by Statec, the Chamber of Commerce and the Ministry of the Economy, 9.4% of residents aged between 18 and 64 are involved in setting up or developing a start-up. This figure is slightly lower than that recorded in 2024 (9.9%), but remains close to the country’s historical average. The European average, meanwhile, is on an upward trend and has exceeded 10% for the first time, reaching 10.3%.

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