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Austria.
Where Great Emphasis is Put on Research.

Business Subsidies in Austria

These extend from cash grants and preferential rates of interest to the provision of guarantees. This exceptionally extensive offering enables companies to take advantage of funding and support programs tailored to their specific requirements.

Priorities in supporting business

The fundamental ban on state aid prevailing in the EU is tempered by special regulations. Direct business promotion measures are permitted in the EU in line with the following criteria:

  • Support provided to research and development activities

  • Strengthening the competitiveness of SMEs

  • Improvement of the regional infrastructure

  • Promotion of environmental protection

  • Promotion of further education and professional development measures

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  • 18° Salone d’Impresa

    29. / 30.05.2020, Online

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One of Austria's key strengths as a business destination is its highly qualified and motivated skilled workforce for research and development, especially in the scientific sector.

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Less gold is sometimes better

Using an ultra-thin gold layer, scientists at the Vienna University of Technology succeeded in creating an almost optimal infrared absorber.

Support measures for companies affected by COVID-19

To stimulate the economy, either new programs may be established as a result of the draft law or existing support programs (e.g. aws, ÖHT) will be expanded. All measures introduced are intended to be applicable immediately and will be in force until the end of 2020. The measures currently introduced include the following areas:

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