Hotshot, a mobile messaging security company, announced a partnership with the Government of Luxembourg and acceptance into the Technoport business incubation program.
The partnership with Technoport, a technology-oriented business incubator developed by the Luxembourg Ministry of the Economy and Foreign Trade, will enable Hotshot to benefit from incentives, subsidies, and beneficial tax treatment for its newly launched European operations and sales.
The Hotshot mobile platform for employee communication uses encryption technology for businesses to control where and when employees can exchange texts. Employers can also permanently claw back past texts if an employee leaves the company.
The mission of Technoport is to help and support individuals and small teams to validate and bridge their ideas to success. Its goal is to foster creativity and innovative activities in Luxembourg by combining tailored-made services with networks and communities of doers, infrastructures, and a professional business environment.