Are you a retailer, or do you own a shop or offer local services? Does your shop need to be remodelled, or do you want your business to be noticed more quickly by your customers? Contact us and submit an application for Vienna Neighbourhood Funding. In the 16th District, our Neighbourhood Initiative Ottakring is here to support you. For the 2nd and 20th Districts, ask about the Neighbourhood Initiative 20+2, which is offered in partnership with the urban renewal programme WieNeu+. Funding is available for micro-enterprises, small businesses, and founders that offer goods and services locally to meet the daily needs of people living in their neighbourhood. Get in touch with our team to book a cost-free consultation.
Facts about Vienna Neighbourhood Initiative Funding
Maximum funding amount: | 10,000 euros per year |
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Funding rate: | maximum 50% for all companies |
Minimum project value: | 500 euros |
Who is eligible? | We support micro-enterprises, small businesses, and founders moving to a street-level shop in Vienna's 2nd, 16th, or 20th districts, or looking to remodel or upgrade their shop in these districts in order to keep it competitive. |
Business sectors: | Neighbourhood businesses, including craft shops and commercial operations. |
Eligible costs: | Vienna Neighbourhood Funding covers all non-personnel costs and lease costs (for up to a maximum of six months) if the applicant leases a vacant space. |
Upfront payment: | Up to maximum 50% of the approved funding amount can be paid up front. |
Maximum project duration: | 1 year |
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.