Neighbourhood Business Energy Funding

To receive funding, you will need to submit a funding application. Consult with your funding expert to get the information you need, submit your application online, and – this is important – don't make any investments until after you've submitted a complete application. This is because the Vienna Business Agency provides funding only for development proposals that start after the application has been submitted.

The decision is made by a jury based on well-defined assessment criteria. Generally, it takes around two months to find out whether your development proposal will receive funding. 

The funding rate is the percentage of a development proposal's eligible costs that will be funded. The funding rate varies depending on the type of funding. To give you an example: If the funding rate is 50% and we recognise 20,000 euros as your project costs, the Vienna Business Agency will pay 10,000 euros. The maximum funding rate for Neighbourhood Business Energy Funding is 50% for energy-saving measures and 25% for other measures.

You can submit your funding application via our online portal – it's convenient and always available. To do so, you must register on our website and create a profile. In your profile, select "My submissions" and "Submit now". Funding accounts will also be settled via our online system.

You are required to submit a duly completed funding application along with an application confirmation that certifies the information you have provided is true and accurate. Our online system automatically generates this application confirmation as soon as you have finished completing the application form. You will also be required to provide a de minimis declaration, your latest financial statements, and/or an income statement, cost-proposals für your energysaving measures.