- Location advantages
- Establishment, law & taxes
Launch of the new Austrian Startup Monitor 2022
Last week, the Austrian Startup Monitor 2022 was presented, offering the best overview of the Austrian startup ecosystem. Since 2011, more than 3300 startups have been founded in Austria, and around 360 new ones are added every year - almost 1 per day.
- About half of the startups are founded in Vienna; 2nd rank is Styria, 3rd rank is Upper Austria
- The share of “female startups” in Austria is 39% - the highest in Europe!
- 25% of startup founders have a migration background
- Founders with a migrant background are almost three times more likely to plan an IPO than local founders
And additional good news for startup founders:
aws Gründerfonds II has been launched and is accepting applications. The Austrian Ministry of Labor and Economy will contribute up to 72 million euros to the successor of the aws Gründerfonds. By means of private co-investments, it is to be "leveraged" to around half a billion, according to Minister Martin Kocher.
Austria as a top location for international headquarters12. January 2024
Austria continues to be an attractive business location for international company headquarters – both for well-known firms such as Boehringer Ingelheim, Henkel, Takeda and the BMW Group as well as for young and aspiring companies operating globally. The country maintains its position as a business interface and ideal starting point for subsidiaries in Eastern and Western European countries, the USA and Asia.
Why set up headquarters in Austria?12. January 2024
There are countless reasons that speak in favour of Austria as a location for your international headquarters! Here we present a small selection: the central location, the lucrative market, stability and security, top-notch infrastructure, tax incentives with unbureaucratic processing, the highest quality of life and affordable prices.
Volkswagen relies on Magna Steyr in Graz12. January 2024
The Volkswagen Group is leveraging the know-how and experience of the Styrian automobile manu-facturer Magna Steyr. For this reason, it has assigned the company the task of developing two models for its new American electric-powered car brand Scout. Featuring a contract volume of € 450 million, this represents the largest single development order ever handled by Magna Stey.