Innovation can turn interesting ideas into viable and then successful companies and this is often seen as the catalyst that initiates the incorporation of new companies. However, companies may also fail if they stop innovating. Luxembourg is rapidly emerging as a technological European Start-up hub. Attracting and nurturing start-up businesses from around the world, entrepreneurs may have many questions about Luxembourg local laws, business regulations and compliance.
For a company and for our clients, avoiding innovation faces an ongoing risk of becoming irrelevant. Therefore we help them to protect and secure their innovation and ownership via specific advisory assistance and via efficient litigation in relation to the defence of their IP rights and commercial relationships. It became natural and logical to the firm to launch a new service conceived as a legal hub for start-up businesses in line with the sponsoring of the Luxembourg Venture Lounge “Biotech” event since 2012 and our involvement in the development of new technologies and film industry sectors in Luxembourg.
Most of start-ups have an idea but they usually have no budget for legal analysis and consequently may make initial mistakes that impact the future of their ownerships or protection of their IP rights. Usual pressing questions are always very similar such as: Is my idea subject to protection? How could I limit my personal liability? Should I opt for this type of legal company form? How do I combine ownership of IPRs and growth and tax implications? What’s the trademark’s filing strategy in terms of territories, products and services to be covered and type of trademark (complex, figurative or word)?
Wildgen has launched Wildgen 4 Innovation for technology, media and emerging businesses that require, in their early stages, a specific assistance on:
- Ideas protection,
- Company implementation,
- Seed investment,
- Intellectual property,
- Ownership of work produced,
- Director’s duties,
- Labour law,
- Tax considerations,
- Litigation anticipation, and
- Circular economy.
Through the Wildgen 4 Innovation project, qualified start-ups are able to receive guidance through the complex and at times confusing areas of business law to protect their legal interests. We offer start-up businesses with pro-bono services, flexible rates, and comprehensive packages. Great ideas deserve great support and this is exactly what Wildgen 4 Innovation aims at.
Our expert team answers your questions, each Monday and Wednesday between 10a.m. and noon. You are advised to call ahead and book a dedicated slot to guarantee the availability of one of our lawyers at +352 40 49 60 225.