SNCI, Société Nationale de Crédit et d’Investissement

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- Starting a new business
  
  Starting a new business can be an exciting adventure, but it also requires careful planning and preparation. There are essential steps to take and key elements to consider when setting up a business and seeking financial support such as from the SNCI. Think about innovation, flexibility, a sound business plan, and efficient, straightforward financial management to get your start-up/SME off to the best possible start.
- Financing the modernization and expansion of your business
  
  To convince a potential financial organisation, such as the SNCI, to finance the modernisation and expansion of your business, you need to present a convincing case that demonstrates the possibility of a strong return on investment. Consider updating your business plan to reflect your new objectives and expansion plans, and clearly define your ambitions for modernisation and expansion, possibly even abroad.
- Transform your company into a more modern, creative entity
  
  When you want to transform your company into a more modern, creative, and solutions-oriented entity, several key factors come into play. You will need to clearly define your new corporate vision and the strategic objectives you wish to achieve. Identify the areas in which you want to modernise, focusing on the specific benefits that modernisation will bring to your business.
- Taking over or transferring a business
  
  If you are taking over a business and need to find new financing to support the acquisition and ensure the company's future development, there are several important points to which you should pay particular attention. Firstly, you need to carry out a thorough evaluation of the business you are considering taking over, determine the precise amounts of finance required, check contracts, agreements, current disputes, and other obligations that could affect the future financial health of the business. This will increase your chances of finding the finance you need to successfully complete the takeover and the future development of the business you have just acquired.
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Letz Guess named Best Mini-Company 2024!

For the 2024 edition of the Mini-Enterprises Final, the 15 finalists presented their projects at Kinepolis Kirchberg on Thursday, May 23. In total, 105 teams from 28 high schools enrolled in the program at the beginning of the school year.

Letz Guess is an online game developed by a team of 6 students from Lycée des Arts et Métiers! This game, which is completely free to access, offers questions about Luxembourg and is available in four languages: French, German, English, and Luxembourgish. ⇒ https://www.letzguess.lu/

As winners of the "mini-enterprises final," they will also participate in GEN-E in Catania, Italy, from July 2 to 4, 2024.

2nd Prize – Grillsquare, a mini-company from the same high school, which designed a lightweight and practical grill for outdoor cooking to "simplify grilling on the go."

3rd Prize – Ecoffee, from Lycée Aline Mayrisch, which offers a more sustainable and health-beneficial lupin coffee.

"Innovation and Value Creation Award" – Grimmel from Lycée Michel Lucius.
"Financial Management Award" – Grillsquare from Lycée des Arts et Métiers.
"Business Plan Award" – Neway from Ecole de Commerce et de Gestion.
"Marketing Strategy and Campaign Award" – Letz Guess from Lycée des Arts et Métiers.
"Public Choice Award" was presented by Post to Rootie’s from Lycée Robert Schuman.

As a sponsor of the Jonk Entrepreneuren Luxembourg asbl association, the Société Nationale de Crédit et d’Investissement would like to congratulate all the finalists of the 2024 Mini Enterprises final! 🏆

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