Is your business affected by disruptions like noise and dust or by declining sales due to a subway construction site? We provide U-Bahn (Subway) Support Funding to help companies boost sales during the construction of new underground railway lines in Vienna. This funding is for you if your customers are having a difficult time accessing your business or if you are experiencing a decline in customer traffic due to construction. Book a cost-free consultation with us.
The U-Bahn (Subway) Support Funding that we provide covers lease payments, including running costs and maintenance contribution, but without VAT. If you have an initiative project – in other words, if you have ideas to boost sales during construction – we will provide funding for the purchase of new devices and machines, for structural modifications, non-personnel and material costs, consultation and qualification costs for you and your employees, and for leasing additional commercial space in your vicinity, for example.
Facts about U-Bahn (Subway) Support Funding
Maximum funding amount per calendar year: | 10,000 euros for lease costs, 7,000 euros for initiative projects |
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Funding rates: | 50% for lease costs, 80% for initiative projects |
Who is eligible? | Our funding is for street-level businesses in Vienna and helps to cover lease costs or the implementation of new ideas (initiative projects) to boost sales. |
Business sectors: | Commercial operations from all business sectors with fewer than 50 employees. |
Eligible costs: | Lease payments, including running costs and maintenance contribution, but without VAT. |
Submission: | On an ongoing basis, until the subway (U-Bahn) construction is completed. You can apply on our online portal anytime. |
Documents to be submitted: | A duly completed online funding application, an application authenticity certificate along with a de minimis declaration, and your latest financial accounts, and/or an income statement |
Assessment: | Funding applications are assessed on a first-come, first-served basis: In other words, companies that meet the funding criteria and are the first to submit their funding application will be granted funding approval. |
Legal basis under European state aid law: | De minimis |
Submission deadlines: | Ongoing from January 1, 2024 |
Our consultations and networking events will help you navigate these steps.