Leveraging Kosovo’s talents to bridge Luxembourg’s finance skills gap
Lead partner
E-lma (Luxembourg)
Local partner
Swiss Premium (Kosovo)
Amount of co-financing
EUR 200,000
- Kosovo
- 2024
- Ongoing
Challenge
Luxembourg, recognised as one of Europe’s leading financial centres, is currently facing a talent shortage, particularly in the area of investment fund accounting. In Kosovo, a very young population fluent in English opens up opportunities to support EU skills gaps while at the same time addressing employment creation needs of the country that does not fuel migration.
Innovative solution
The partners are setting up a back-office solution in Kosovo, dedicated to providing high-quality accounting services for investment funds, family offices, and asset managers based in Luxembourg and Europe, drawing particularly on services developed by E-lma in Luxembourg. Young graduates from Kosovo are being recruited and trained to work remotely with these companies in the financial sector. The project places a strong emphasis on continuous professional training to keep pace with market dynamics and is especially committed to promoting women’s employment as a central priority.
Impact
- Creation of 100 skilled jobs by 2027
- Professional integration of 100 young individuals, with 50% being women, offering a competitive salary through quality initial and ongoing training that aligns with industry standards.
Targeted Sustainable Development Goals
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100 young graduates will benefit from specialised training programmes that are specifically tailored to market needs. This training will supplement their initial education and significantly enhance their long-term employability prospects.
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50% of the employed individuals will be women, ensuring a balanced and equitable representation in the workforce.
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In Kosovo, 100 young graduates will be recruited for skilled positions. They will be offered competitive salaries, which will not only enhance their financial stability but also improve their overall purchasing power, contributing to the local economy.
Latest news about the project
News
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On Thursday, 16 October 2025, Kigali came alive with the spirit of innovation for impact. The Embassy of Luxembourg hosted a high-level ceremony dedicated to the LuxAid Demonstration Fund (LDF), a flagship initiative of Luxembourg’s Development Cooperation, implemented by LuxDev, the Luxembourg Development Cooperation Agency. -
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Sep. 2025The BPF, a driver of sustainable business
The Luxembourg State supports the creation of innovative partnerships, inviting the private sector to invest in developing countries. Through the Business Partnership Facility (BPF), Luxembourgish or European companies join forces with foreign partners to generate positive societal impact. Discover in Paperjam the story of e-LMA and Swiss Premium, a win-win… -
Business Partnership Facility Sep. 2025
From Luxembourg to Kosovo: Building the finance of tomorrow
Read the interview of Jabir Chakib (CEO of e-LMA) and Ilir Ibrahimi (CEO of Swiss Premium) to have their insight on this BPF-backed project in Kosovo. -
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Apr. 2025LuxAid Challenge Fund: 15 innovative entrepreneurs pitched their projects in Benin
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Apr. 2025Inspiring Pitch Days for LuxAid Demonstration Fund and LuxAid Challenge Fund in Kosovo
The call for proposals under the LCF and the LDF in Kosovo has reached an exciting milestone with the recent Pitch Days held in Pristina… -
LuxAid Challenge Fund LuxAid Demonstration Fund
Nov. 20242 M EUR boost for Kosovar business innovators tackling key challenges in manufacturing, education, healthcare and mobility
The Luxembourg Development Cooperation has just opened a call for proposals targeting enterprises with bold, innovative solutions to tackle societal challenges. Through the LuxAid Challenge Fund (LCF) and the LuxAid Demonstration Fund (LDF), businesses can secure up to EUR 350,000 in co-financing to scale transformative ideas in manufacturing, education, healthcare,… -
LuxAid Demonstration Fund
Sep. 2025Pitch Days spotlight: Rwandan innovation through the LuxAid Demonstration Fund
The LuxAid Demonstration Fund (LDF) in Rwanda has reached an exciting stage with the successful completion of its Pitch Days in Kigali…
