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 over nine 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 startup hotspot
Newly established companies
Quelle: Source: WKÖ Statistic 2018
Find here further information about the comprehensive funding system for startups in Austria.