Do you believe heart and soul in your project? Have you got the time available to become an entrepreneur and want to move forward with it, but worry you lack experience and a network? Are you unsure which steps you need to take to get your project off the ground? The VentureLab is here to support you! It helps all types of entrepreneurs and projects, whether they’re about food, textiles, tech, communication, engineering, or helping people. Whether it's a business, a non-profit organisation, a cooperative or creating your own job as a freelancer. Our only entry criterion is that you’re motivated to be an entrepreneur!
Open to all students and young graduates of higher education institutions in Liège and Luxembourg, the VentureLab will help and support you throughout your
entrepreneurial journey, while completely respecting your chosen life path. It is the perfect launching pad to spread your wings, discover what kind of entrepreneur
you are and bring your project to life. We have three roles: to assist by enabling you to develop your skills and your entrepreneurial attitude; by helping you create
economic added value; and by supporting you on the path to making an impact that is positive both for you, but also for the world around you. All this is possible thanks
to tailor-made support, tools adapted to your needs and the efficacy of our team.
When you present your project to the VentureLab, we want to know:
The VentureLab supports projects which are developed by one or more people, as long as all the members of the team are available and wish to be supported by the VentureLab.
If you have partners working with you on a project, we will ask you to complete an application on behalf of one project member only. However, the whole team will be asked to give an oral presentation during the Admissions committee meeting. If we decide to support you, the whole team will benefit from the same services.
Young entrepreneurs who create their business from start to finish leave the incubator after two years. Our goal is to be useful. You are free to leave as soon as you feel that you no longer need the VentureLab.
Joining the VentureLab is free, thanks to government funding. Depending on how long we provide support, the success of your business and your economic situation, we may invite you to make a repayment in the form of a donation.
While the Committees and Panels are mandatory steps in your journey, the tools, training courses and events are not. You’re the entrepreneur, you decide whether or not to use them, depending on your needs.
No, the VentureLab is not a financing body. It will not finance your project and will not take any commissions or shares in your future business. On the other hand, we will make sure to support you in your financial strategy so that your project is solid, sustainable and so that you can make a living from it. We will help you build your financial plan, make you aware of the various possible sources of funding that would meet your needs, and organise meetings with the investors who could provide the funding you need to make your project a reality.