Vienna

“In the past years Vienna has evolved into an incredible fruitful breeding ground for successful startups. I see three reasons that have made that possible: firstly, access to incredible talent, secondly, access to more and more capital flowing into the startups and thirdly, a very supportive city of Vienna that has cooperated and collaborated with startups from the very beginning.”

Benjamin Rushin, Founding Partner @WeAreDevelopers

“Vienna is a springboard to build a global Company.”

Baher Al Hakim, Co-Founder @ Medicus

“The ecosystem in Vienna is very different for a startup. We are very impressed by the public grant landscape that is very beneficial for starting a green startup business in Austria.”

Katharina Unger, Founder LivinFarm
Ecosystem Highlights
  • Economic center in the heart of Europe with around 500 million people

  • 200 headquarters of international companies are located in Vienna

  • The largest German-speaking university location with almost 200,000 students

  • 1k research institutes

  • 46k employees in R&D

  • 17,5% of Viennese enterprises are active in the creative industries

  • Rank 1 worldwide: Liveability Ranking 2018 & 2019

  • #1 Best global Startup Hub 2019

  • Rank 4 worldwide: Global Talent Competitiveness Index 2019

In recent years, Austria has gone from sleeping beauty to innovation and progress. The country welcomes startups and their founders with open arms. In fact, the economic and innovative efforts of enterprises, universities, research and administration are firmly focused on people.

Vienna, in particular, stands for knowledge-intensive, export-oriented economic performance and high-quality workplaces with a strong focus on people. Especially with initiatives like Female Founders, the Viennese ecosystem is very keen on establishing a diverse and inclusive startup environment. But Vienna also attracts many international entrepreneurs for its quality of life, talented labor pool, relatively low cost of living, central geographic location and the availability of early-stage funding – which makes it a great “testing ground” for startups in their very early phase.

All things considered, the fact that prevails is that Vienna is the ‘perfect destination to land your startup’. Know why by also visiting Vienna Business Agency.

Land & Start
SETTLING IN THE CITY
STARTING YOUR BUSINESS
Access to capital

Financing is one of the most important issues involved in founding a startup. For this reason, Austria offers a comprehensive system of public funding. The most important funding sources in Austria are the Austrian Research Promotion Agency (FFG) and Austria Wirtschaftsservice GmbH (aws). They offer non-repayable grants, guarantees or subsidized loans. You should also check the Vienna Business Agency website, which lists attractive and updated funding programs.

Advice about Capital Major VC’s in the country + Angels
If you’re looking for information on capital, follow this link. It helps you get access to consulting services on the topic. Get to know a list of the biggest VC’s and Business Angels in Vienna.

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Dudu Gencel

Vienna Business Agency
Contact
Menu