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The "mental closeness" of Austria to its neighbours is an important advantage for establishing new business contacts.

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news from the business location Austria

Smart Data Firm Braintribe Receives Millions in Investment Capital for Global Growth

An investment consortium under the lead management of Q Capital Ventures has acquired a stake in the fast-growing Austrian smart data company Braintribe by investing a mid single-digit million euro amount.

Open Innovation: How Austrian Companies Develop Ingenious Ideas

It may sound paradoxical, but innovation designed to safeguard competitiveness has long abandoned the former approach of taking place in a hidden chamber while maintaining strict confidentiality. Instead, innovation now arises by experimenting beyond the confines of the company. Austria provides support here.

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