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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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Equity Investment into Lyten to Accelerate Expansion into Luxembourg and Europe

The Luxembourg Future Fund 2 (LFF2) and Lyten announce that LFF2 has made an equity investment into Silicon Valley based Lyten, the supermaterial applications company and global leader in Lithium-Sulfur battery technology.

The announcement was made by Minister for Foreign Affairs and Foreign Trade, Xavier Bettel, Minister of Finance, Gilles Roth, Minister of the Economy, SME, Energy and Tourism, Lex Delles, in their capacities as competent ministers for the Société nationale de crédit et d’investissement (SNCI), and Lyten CEO Dan Cook.

The investment in Lyten follows the signing of a Memorandum of Understanding (MOU) in October 2023 to establish Lyten's European headquarters in Luxembourg. The investment highlights Luxembourg's commitment to advancing clean technologies and incorporating them into the European economy. Through this partnership, Lyten and Luxembourg will collaborate on research and development and the introduction of several Lyten products into the European market including its lithium-sulfur EV battery.

Link to press release: Luxembourg Future Fund 2, a Joint Initiative by SNCI and EIF, Announces Equity Investment into Lyten to Accelerate Expansion into Luxembourg and Europe - government.lu (gouvernement.lu)

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