In the past few years, more and more women in Luxembourg have been starting their own businesses – and they’re making a real impact. This article takes a look at how women are shaking up the startup scene, building great companies. Get ready to meet the founders and top managers and the fresh ideas behind them that are helping shape Luxembourg’s future.
Women in business in Luxembourg are changing the startup game
In Luxembourg, more and more women are starting their own businesses and it’s making a real difference. Women are launching fresh ideas and helping drive the country’s economy forward – we can witness multiple areas the startups are focusing on – from tech and education to health and even space. Thanks to more support and a push for equality, female entrepreneurs are finding their place and thriving.
Meet the women shaping Luxembourg’s startup world today
Luxembourg’s entrepreneurial scene is filling up with startups that are led by smart and driven women. They’re creating great new products, solving world-sized problems, and showing that women from all kinds of backgrounds can lead in any industry. We are going to introduce some of them to you, here they are:
Aida Nazarikhorram, Co-Founder & CMO @ LuxAI (HealthTech)
Aida is a medical doctor who graduated from London Business School. She has over ten years of experience in health and tech, combining it in creating tools to support children with autism and special education needs.
At LuxAI she's part of the team that launched a QTrobot – a friendly, expressive social robot built to help in all kinds of settings: from teaching kids with autism and special needs to being used in research and classrooms to explore how humans and robots interact.
Maria Mateo Iborra, Co-Founder & CEO @ IBISA (FinTech/InsurTech)
Maria is an engineer with a master’s in telecoms and an Executive MBA. She’s spent over 10 years working in the space and satellite field, and since 2015, she’s also been working closely with blockchain tech, too.
At IBISA, she’s leading a startup that helps farmers and vulnerable communities bounce back from tough weather conditions and events like droughts and floods. How? By using satellites and blockchain to make insurance simple and affordable, especially for people who normally wouldn’t have access to it.
Genna Elvin, Chief Tada Officer and Co-Founder @ Tadaweb (OSINT and PAI analysis)
Genna Elvin is a co-founder of Tadaweb, a tech company based in Luxembourg. They help people find and make sense of important public information online. Genna studied psychology, international relations, and law, and then took those skills into the tech world.
At Tadaweb, Genna helped create a platform that’s used by professionals to collect and analyze huge amounts of online data. It can be tracking down information for safety, business, or research. Her work makes it easier to get the facts without wasting time.
Samaher Garbaya, Co-Founder & CTO @ MyelinZ (NeuroTech & AI)
Samaher is a space and AI engineer with a passion for brain science, and holds two master's degrees. To co-found the neurotechnology business MyelinZ, she left her 9-to-5 job.
At MyelinZ, Samaher leads the development of AI-powered tools that monitor brain function. Their technology is designed to help people with neurological conditions like multiple sclerosis, as well as support astronauts' cognitive health during space missions. Under her leadership, the company has expanded internationally, including opening a branch in the United States.
Marina Andrieu, Executive Director & Co-Founder @ WIDE ANDCO (EdTech / Social Enterprise)
Marina is the Executive Director and co-founder of WIDE, a Luxembourg-based organisation that helps women and girls explore jobs in technology and develop digital skills. Having experience in both education and technology, she started the country's first women's coding classes and has represented Luxembourg as an EU Code Week ambassador since 2013.
At WIDE, Marina supports initiatives that help women in areas like coding, entrepreneurship, and digital literacy. She also promotes greater inclusivity in the digital world as a board member and entrepreneur at many institutions and organisations.
Mary Glazkova, CEO @ Mission Space (SpaceTech & Space Weather Intelligence)
Mary is the CEO of the Luxembourg-based startup Mission Space. They are developing technology to predict space weather, including radiation storms and solar flares. Though this sort of weather may seem far to those of us on Earth, it can actually interfere with power, satellites, and the internet.
She is in charge of a group that is sending tiny satellites into orbit to monitor such events in real time. She's using her wide tech experience to maintain vital systems on Earth functioning properly and to help make space safer for astronauts.
Anush Manukyan, Co-Founder & Director @ Luxembourg Tech School (EdTech & AI)
Anush Manukyan is a PhD in computer science, who is all about making complex tech interactive and creative. She is one of the founders of Luxembourg Tech School, where they teach high schoolers how to build real tech projects using AI and robotics.
She works with teenagers on initiatives including creating intelligent apps and launching weather balloons. She co-leads initiatives that encourage young women to consider jobs in finance and digital innovation since she is passionate about encouraging more females to pursue careers in technology.
Co-Founders of WeSTEM+ (EdTech)
WeSTEM+ is a nonprofit based in Luxembourg that helps women and underrepresented groups explore and succeed in science, tech, engineering, and math (STEM). It was launched in 2024 by three women – Alexandra Nastase, Patrícia Souza, and Vasiliki Moschou – who had previously worked with the local chapter of Girls in Tech. When that global group shut down, they took the opportunity to build something even bigger and more inclusive, covering not just tech but the entire world of STEM.
Together, these three are building a more diverse and exciting future for STEM – one workshop, course, and community event at a time.
Support for women entrepreneurs in Luxembourg
If you're a woman with big ideas and you’re launching your own business, you're in a pretty good place. Luxembourg has tonsof programs, funding, and communities designed to help women launch, build and grow their own companies. And Easybiz is here to guide through all the necessary legal stuff.
- Government help and funding: Through financial programs, mentoring, and grants, the Luxembourg government provides great assistance. One well-known example is Fit 4 Start, which provides funding, professional advice, and networking opportunities to entrepreneurs, particularly those run by women, to help them get off the ground.
- Incubators and mentors: There are also incubators and accelerators (startup bootcamps) where you can get office space, mentorship, and access to networking and investors. A lot of these are built with diversity in mind, meaning women entrepreneurs get extra support where it counts.
- Communities and networks: There are tons of business groups and networks just for women. These spaces make it easier to find mentors, share experiences, and get advice, especially helpful when you’re navigating the early stages of starting something new.
Facing challenges, moving forward
Sure, it’s not all easy. Funding, networking, and work-life balance remain challenges for many women. However, things are evolving. There is a genuine drive to create greater equality, more support is becoming available, and more female founders are receiving recognition. Every year, women's access to finance and mentorship improves. With Easybiz you can outsource business registration, accounting and many more, leaving you lots of space for running your startup.
Luxembourg isn’t just a great place to live – it’s a serious launchpad for women looking to start or grow a business. With a strong support system and a growing community of female founders leading the way, now’s a great time to jump in and be part of the movement.
