Are you looking to make your business premises in Vienna more attractive and to create new offers for the people in your neighbourhood? We provide Street-Level Business Revitalisation Funding to small- and medium-sized enterprises and associations that invest in vacant, street-level shops that face the street. A vacancy period of minimum three months applies.
Facts about Street-Level Business Revitalisation Funding
Maximum funding amount: | 35,000 euros per project |
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Funding rate: | 50% |
Minimum project value: | 5,000 euros |
Bonus: | Startup bonus: 5,000 euros. If a new company is founded as part of your development proposal, we'll pay a startup bonus. |
Who is eligible? | Small- and medium-sized enterprises, associations, and companies in the process of being founded. |
Business sectors: | Street-Level Business Revitalisation Funding is designed for companies that offer their customers essential goods and services for their daily needs. |
Eligible costs: | Funding is provided for construction measures such as the installation of doors, windows, floors, sanitary and electrical installations, as well as the acquisition costs of heating and ventilation systems. |
Upfront payment: | Up to a maximum of 50% of the approved funding amount can be paid up front. |
Maximum project duration: | 2 years |
Assessment: | An independent jury will assess your submission and provide a recommendation for your development proposal's funding. |
Documents for your application to receive Street-Level Business Revitalisation Funding: | A duly completed funding application form, an application confirmation, a de minimis declaration, your latest annual financial statements and/or an income statement, the purchase or lease agreement (or a draft), an indication of your desired and/or agreed lease period, a confirmation of vacancy, and recent photographs of the vacant business premises. |
Legal basis under European state aid law: | De minimis |
Submission deadlines: | September 30, December 31 |
Our consultations and networking events will help you navigate these steps.