Austria aims at further strengthening its dynamic innovation landscape. The Alpine Republic has created a comprehensive funding program entitled “Spin-off Austria”. The new fellowship initiative is designed to appeal to scientists, providing them with up to EUR 500,000 in support to further convert their research results and findings into specific business ideas.
The Viennese biotech company Apeiron Biologics will receive EUR 25 million in financing from the European Investment Bank (EIB).
