Launch of the Climate and Transformation Offensive

The Federal Ministry of Labour and Economy recently launched the first funding track within the context of the federal government’s Climate and Transformation Offensive. The objective is to support the change towards a sustainable and digitalised economy based on renewable energies.

As part of the Climate and Transformation Offensive, industry and SMEs will be supported in implementing a sustainable transformation. The Federal Ministry of Labour and Economy alone will make € 600 million available in the period 2023-2026 in addition to existing initiatives.

The programme is designed to fund projects in three specific areas, namely research and technological development, qualification measures as well as business location and investments. In particular, it targets industrial flagship companies developing technologies as well as startups and SMEs. The focus is on three key sectors i.e., automotive, microelectronics and life sciences. However, other sectors are also eligible to participate. New business location projects and expansion investments will similarly be targeted.

Read more about funding in Austria.

Takeover of TU Wien spin-off Cubicure by Align Technology confirms Austria's research spirit and attractiveness as a high-tech location

11. April 2024

Cubicure is a true pioneer in the development of advanced 3D printing systems which also enable the manufacturing of medical devices. The two founders - Robert Gmeiner and Jürgen Stampfl – explain how the successful spin-off Cubicure emerged in March 2015 from a research idea at the Vienna University of Technology and why Austria was the perfect location for establishing the company.

Austria’s Medical Technology Sector on the Upswing

11. April 2024

In an era featuring rapid technological progress, the medical technology industry in Austria has proven to be a key factor underlying innovation, economic growth, and social progress. Austria is a key player in the field of medical technology, reflected in groundbreaking developments in 3D printing and the country’s strong focus on exports.

World-class Research at the Medical University of Vienna

11. April 2024

The Medical University of Vienna conducts research at a world-class level in fields such as precision oncology and bionic reconstruction. Construction of the Eric Kandel Institute – Center for Precision Medicine and top spots in global rankings underline the university’s role as a pioneer in life sciences research.