Newsletter registration

By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
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, not least due to projects such as the Pioneers Festival, where 1,600 startups from more than 90 countries meet with 400 investors from all over the world in Vienna’s Hofburg Palace.

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 such as the Pioneers Festival.

  • 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 twelve 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

Detailed information can be found in our download area

whitepaper startups
Startup Location Austria
> go to download area
whitepaper venture capital
Venture Capital and Private Equity: Legal and Tax Aspects
> go to download area

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

Have a look at our startup-video

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

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

  • Business Breakfast Brno - Virtual Conference

    22.04.2020, Brno, Czech Republic

  • Corporate Day - Online Conference

    12.05.2020 / 13:00, Online Event

Austria Map

Find the perfect location for your company

The "mental closeness" of Austria to its neighbours is an important advantage for establishing new business contacts.

Ericsson Austria

Logo
More testimonials

news from the business location Austria

€ 38 Billion Economic Aid Package in Detail

On March 26, the Austrian Federal Government presented details of the previously announced aid package for the Austrian economy. Since March 27, 5 p.m. self-employed persons and small businesses can submit applications for up to € 6,000 in emergency aid. The Emergency Fund will grant loans which do not have to be entirely paid back.

Support Measures for Companies Affected by COVID-19

To stimulate the economy, either new programs may be established as a result of the draft law or existing support programs (e.g. aws, ÖHT) will be expanded. All measures introduced are intended to be applicable immediately and will be in force until the end of 2020. The measures currently introduced include the following areas:

More news All blog posts