- Location advantages
- Innovation and digitalisation
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.
Deep Tech Startup Godot Inc. opened a research and development hub in Austria02. November 2023
Godot Inc. was established in July 2022 in Kobe, Japan as a DeepTech Startup focusing on behavioural change for good. As an impact startup, Godot aims to address the cognitive limitations that people commonly face. Individuals frequently encounter difficulties in making optimal decisions due to constraints in cognition and the decision-making processes.
Responsible AI: How Daiki is pressing ahead with ethics in the AI industry02. November 2023
The whole world is talking about AI, and many AI teams are faced with a key question: How can we use artificial intelligence responsibly and ethically?