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Austria.
Dynamic Business Location.

Eight Austrian startups in NYC

participants at startup boot-camp © aws

The program for the startups encompasses visits to accelerators, incubators and venture capital companies, insights into the startup ecosystem in New York as well as fundraising and growth strategies for the USA. The thematic focus was on the selection of candidates from the fields of SaaS, Fintech, Adtech, media, life sciences and Medtech, e-commerce tech and Edutech. The eight companies travelling to New York were the startups GlucoTab (blood sugar management for Type 2 diabetes patients), T3K Forensics,  Piur Imaging (3D imaging), VisionX (open source platform for App design), x.news (research tool), Cozyo (PropTech), Rewellio (rehabilitation of patients who suffered a stroke) and Ondewo  (AI-based chatbots and language assistants).

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Storage and distribution for Eastern Europe is more economical from Vienna than from Prague or Budapest. Because shipping business between the individual reform nations is barely developed, whereas neary every Eastern destination is serviced from Vienna several times a week.

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news from the business location Austria

Official opening of the Amazon distribution center in Großebersdorf

The first logistics facility of Amazon in Austria has now been officially opened with a speech given by Margarete Schramböck, Federal Minister of Digital and Economic Affairs.

Europe as a Top Investment Location and Austria’s Central Role

Western Europe is still considered the most attractive location for investments anywhere in the world, even ahead of China. And its attractiveness is increasing. Europe’s land area is comparably small compared to the USA or China. Nevertheless, it is one of the largest and most prosperous markets. This particularly applies to Austria, whose purchasing power is considerably above the European average.

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