
Pierre-Yves, can you explain to us what Shaker is? What were the reasons for starting this project?
Pierre-Yves, can you explain to us what Shaker is? What were the reasons for starting this project?
The idea was born in 2012 at the time of our initial contacts with the Luxembourg start-up scene. The Grand Duchy of Luxembourg wants to position itself as a start-up hub and is doing a lot more than just talking about it. There are numerous initiatives to attract foreign companies or to support local ideas. But there are still obstacles to innovation within large companies, which often find it hard to create an agile organisation around new technologies. They have a past and a heavy structure, and may struggle to “think outside the box”. Start-ups offer a more agile structure; they react quickly and bring a fresh mindset that incorporates this new vision of the “smart city”.