EU promotes the green and digital transformation in Austria

A new EU funding programme for Austrian regions is ready to go. In August 2022, the European Commission approved € 600 million in investments for Austria’s regions up until 2027. Ten funding measures were formulated. Including national funds for co-financing and equity capital of the project owners, Austria’s regions have a total of € 1.8 billion available to them in this period.

The new EFRE funding programme encompasses ten funding measures, including the expansion of the research and technology infrastructure and promotion of the use of climate-relevant technologies and services. Elisa Ferreira, EU Commissioner for Cohesion and Reforms, says: “Austria is using EU funds to accelerate the green and digital transformation in the regions, involving all local partners in the process. Particular importance is being attached to the support of coal-intensive regions, for which the transition to climate neutrality poses a special challenge.” The new programme should benefit more than 1,800 companies, create 2,000 new jobs and support more than 700 researchers.

Go on reading and find out more about funding programmes in Austria!

planqc: "Austria offers enormous advantages due to its excellent research landscape in quantum physics"

The German quantum computing startup planqc really took off in 2024, winning major contracts and investors. In this interview, CEO Alexander Glätzle reveals what he appreciates about the company’s new facility in Innsbruck and the key role that the well-developed infrastructure for research and development there plays in the company's success.

From research to practical application: Quantum technology in Austria

Research institutions and companies are driving the development of quantum technologies in Austria, thereby strengthening the country's leading role as a business location. Initiatives such as Quantum Austria, featuring € 107 million in investments to strengthen the quantum technology ecosystem, are making an important contribution to this.

Austria in the fast lane in quantum technology

From ambitious startups to extensive government funding programmes: Austria is a promising business location for innovative companies and investors in the field of quantum technology. This enables progress and sustainable growth, a fact which is also demonstrated by successful young companies such as ParityQC, qtlabs and planqc.