Newsletter registration

By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

Go-ahead for eleven new research studios

Minister for Research and Economy Reinhold Mitterlehner © BMWFW

“Research Studios are small, flexible research facilities which successfully convert the findings from basic research into marketable products and services”, states Reinhold Mitterlehner, Federal Minister of Science, Research and Economy. “In this way, we support the development of innovative prototypes until they reach market maturity”. Up until now, a total of 54 research studios have been funded since 2008, 14 of which are still operating. Now eleven new ones will be added. 

The Research Studios (RSA) are research units affiliated with universities or research institutions. “The findings from basic research should be made ‘fit’ for the market by applied research and subsequently made suitable for use by the business community”, explains State Secretary Harald Mahrer. “The studios are given intensive advice and support for external experts for technology transfer, management and marketing.”  

Three of the newly approved studios operate in the fields of ICT and Industry 4.0, three are involved in energy and environmental technologies and five focus on biotechnology. In practice, the Research Studios model has proven its worth and is operating successfully. A series of startup companies have emerged from former Research Studios.

The Research Studios Austria program is coordinated by the Austrian Research Promotion Agency FFG. The managing directors Henrietta Egerth and Klaus Pseiner explain the framework of the initiative. “The duration of a RSA studio is four years, and the maximum funding is EUR 1.3 million. A maximum of 70% of the budgeted costs are eligible for funding. The applicant has to ensure the remaining financing.” After the first two years of the project, a decision will be made on whether to continue the respective studio on the basis of an interim evaluation.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Doing business in Austria

    20.11.2018, Žilina, Slovakia

  • Meet us at: Go Tech Arena Forum

    20.11.2018, Moscow, Russia

Austria Map

Find the perfect location for your company

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.

Nestlé Austria

Logo
More testimonials

news from the business location Austria

Med University of Graz: New center for metabolism research

The kick-off for the Integrative Metabolism Research Center at the Medical University of Graz took place.

Startup Hotspot Austria

The Austrian government expects its Land of Founders strategy to enhance the entrepreneurial spirit and the courage to set up companies. The objective is to transform Austria into the most founder-friendly country in Europe. The initiatives have already borne fruit. The startup scene in Austria has been experiencing a strong boom over years now.

More news All blog posts