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Impact Innovation: EUR 2.5 million for targeted funding of innovative ideas and solutions

Minister Margarete Schramböck © BMDW/Christian Lendl

The Austrian Research Promotion Agency FFG and the Federal Ministry for Digital and Economic Affairs want to strengthen new solutions being developed by Austrian innovation drivers.

Following the pilot phase in 2017, now a thematically open tender is being carried out. About EUR 2.5 million in funding has been made available in the funding program. This amount was made available to the National Foundation for Research, Technology and Development by the FFG with the support of the ministry. “The Ministry for Digital and Economic Affairs sees itself as an innovation driver in Austria for the benefit of Austria. Our objective is to make Austria an innovation leader. The Impact Innovation funding program enables us to targetedly promote the development of innovative ideas and solutions”, says Minister Margarete Schramböck.

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