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Government unveils Digital Tech Fund partnership with private sector
The Government has launched the Digital Tech Fund, a partnership with private sector firms Arendt & Medernach, Banque Internationale à Luxembourg, Expon Capital, High Capital, Post Capital, Proximus and SES. The €20 million fund will invest amounts between €100,000 and €1.6 million in around 20 start-ups active in areas including cyber-security, big data, fintech, healthcare, new media, digital networks, the internet of things and satellite telecommunications and services. Alain Rodermann of the fund's manager, Expon Capital, will work with incubators and other start-up facilitators including LuxFutureLab, Technoport, KPMG's Khube, EY, Nuyko, and the Luxembourg Business Angels Network.
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