As a funding expert for neighbourhood businesses, I facilitate related projects – from submission and evaluation to project support and completion – and am available for consultations. I am also the contact person for our current funding initiative Vienna Planet Fund. In our effort to strengthen local economic structures, I provide support in the operational implementation of our Commercial Districts project.

Facts about Neighbourhood Business Funding

Maximum funding amount:

75,000 euros

Co-funding rate:

50%

Minimum project value:

20,000 euros

Who is eligible?

Neighbourhood businesses, craft shops, or commercial operations.

Business sectors:

Neighbourhood businesses and craft shops in all business sectors with fewer than 50 employees, as well as founders in Vienna.

Eligible costs:

Payroll costs, consultation costs, training and professional development for you and your employees, marketing costs, tangible and intangible investment costs (such as licences or concessions), consumables, and structural remodelling.

Upfront payment:

Up to maximum 50% of the approved funding amount can be paid up front.

Maximum project duration:

2 years

Documents for your application to receive Neighbourhood Business Funding:

A duly completed online funding application, an application confirmation, as well as a de minimis declaration, your latest annual financial statements, and/or an income statement.

Assessment:

An independent jury will assess your submission and provide a recommendation for your development proposal's funding.

Legal basis under European state aid law:

De-Minimis

Bonus:

Women's bonus: 5,000 euros. Startup bonus: 5,000 euros. The women's bonus is awarded if your development proposal is managed by a woman with the necessary qualifications. If a new company is founded as part of the development proposal, we'll also pay a startup bonus.

Typical steps when applying for Neighbourhood Business Funding

1.
Developing a project idea
2.
Consultation at the Vienna Business Agency
3.
Selecting the funding that's right for you
4.
Organising your project content
5.
Online project submission
6.
Project assessment by a jury
7.
Communication of the outcome by the Vienna Business Agency

Information material on Neighbourhood Business Funding

Deadlines and submission

Submission period:1 January 2024 to 31 December 2026
Submission deadlines 2024:31 March, 30 June, 30 September, 31 December