Startup Location Austria: Facts and Figures

Startups are defined as newly founded companies which create innovative products, services or business models which did not previously exist on the market. They pursue a clear international perspective, boast high growth potential and play an important role in the innovative strength and competitiveness of national economies. In the meantime, innovative startups comprise close to eight percent of the total of newly established companies in Vienna. The Austrian capital has also shown itself to be a dynamic startup pool in Central Europe.

Austria is a dynamic country with newly established companies...

1993

2000

2005

2014

14.631

23.762

31.001

37.120

Source: WKÖ, BMWFW-Folder„Land der Gründer“

… and Vienna is a booming startup-hub

 

2010

2011

2012

2013

Newly established companies

9.253

8.325

8.279

8.403

Startups

484

478

532

638

Share of startups

5,2%

5,7%

6,4%

7,6%

Source: Startup-Location Vienna 2014, PGM Consulting


The Austrian Research Promotion Agency (FFG) offers a comprehensive funding system. Also, the Austria Wirtschaftsservice GmbH (aws) provides extensive financing.

Have a look at our startup-video:

For more information have a look at our startup-brochure:

Brochure: Startup Location Austria (PDF, 846 kB)