LuxAid Challenge Fund 2026

About

A funding initiative designed to support early-stage startups in Agritech and Fintech, offering up to EUR 120,000 in co-financing for projects that demonstrate measurable social and economic impact. The program encourages innovative solutions that align with the Sustainable Development Goals and aims to strengthen Costa Rica's innovation ecosystem. Interested startups must meet specific eligibility criteria and submit their proposals online by the deadline.

Benefits

• 💰Financial Support
  Up to EUR 120,000 in non-reimbursable co-financing for business projects
• 🎓Impact Measurement
  Support for projects that deliver measurable social and economic impact
• 🌐Networking Opportunities
  Connection to a network of innovators and potential partners in Agritech and Fintech
• 📈Business Development
  Assistance in scaling and developing innovative solutions
• 🎤Pitching Opportunity
  Shortlisted candidates will pitch to a selection committee for funding

Eligibility Criteria

• Open to startups registered between June 1, 2021, and June 1, 2025
• Must employ at least two people
• Must have tested their product or service in the market and generated initial sales revenue for at least three months
• Propose a 1–2 year business project centered around their innovation
• Can co-finance at least 30% of total project costs

Participation Commitments

• Must submit proposals via the online platform by the application deadline
• Must be prepared to pitch to the selection committee if shortlisted
• Must demonstrate a clear contribution to the Sustainable Development Goals (SDGs)
• Must co-finance at least 30% of total project costs

Target Sector

Focused on Agritech and Fintech sectors

Target Location

Open to startups based in Costa Rica