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Austria.
Hotspot for Startups.

Startup Ecosystem Austria

Austria has emerged as a startup hub, especially in the fields of information technology, media and life sciences as well as creative industries. The American business magazine Forbes selected Austria as one of seven startup hotspots in Europe.

What’s In It For Your Startup?

The interaction of several factors comprises the basis for this dynamic development, giving the business location a good reputation and enhancing its attractiveness:

  • The very high educational level from a technical perspective, guaranteed by the universities of technology and many universities of applied sciences.

  • The differentiated funding system, in which financial startup assistance is provided to high-tech founders based on specific programs and startup funds implemented by the Austrian Research Promotion Agency (FFG) and Austria Wirtschaftsservice GmbH (AWS).

  • The self-organization of the startup scene in startup clusters and coworking spaces, and its promotion through activities and large events.

  • The supporting network of early-stage investors, incubators and accelerators, business angels and VC´s , organized in the organisations of Austrian StartUps (AS), Austrian Angel Investors Association (AAIA) and Austrian Venture Capital and Private Equity Organisation (AVCO).

  • The “public limited company with a privileged amount of share capital“, facilitating the setting up of companies by requiring only EUR 5,000 as a minimum cash contribution instead of EUR 17,500.

  • The investment-friendly tax system featuring a 14 percent tax credit for investments in research and a unified corporate tax rate of 25 percent.

First point of contact for foreign startups

We are the national investment promotion company and the first point of contact for foreign companies aiming to establish their own business in Austria. The company is owned and operated by the Republic of Austria and we directly report to the Austrian Federal Ministry for Digital and Economic Affairs – hence you can get all relevant info at one place.

We also consult international investors on all location-related issues, provide information about Austria as a business location and proactively target potential investors, which is how we have established a broad pool of contacts including investors, accelerators and incubators – and this pool is ready for you to jump into it.

Get in touch

For general information regarding the "Startup Hotspot Austria" visit our blog or the Global Incubator Network (GIN) - platform.

 

Anna Iarotska, one of the CEOs of the startup "Robo Wunderkind", gives interesting insights of the Startup Location Austria.

Found your startup in Austria!

For more information about the Startup Hotspot Austria, have a look into our brochure!

whitepaper startups
Click here to download!
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Testimonials

Events

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

  • Smart Manufacturing and Artificial Intelligence in Austria

    5.08.2021/15.00 CST (China Standard Time), Virtual Event

  • Meet us @ Belt and Road Summit Hong Kong 2021

    01.09-02.09 2021, Virtual Event

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

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news from the business location Austria

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Just recently the latest edition of the Austrian Start Up Monitor was published. The report, once again, shows that Austria has a very dynamic founder scene. Just think of Prescreen, mySugar, Bitpanda or Bitmovin; Austria has spawned numerous, internationally well-known flagships within the startup community.

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