The Vienna Neighbourhood Initiative (Grätzelinitiative Wien) provides funding for micro-enterprises, small businesses and entrepreneurs who provide goods and services aimed at meeting the daily needs of their local neighbourhood. We also support the conversion of ground floor premises located in the two project areas in the 16th and 2nd/20th districts. These commercial premises are allocated by the Vienna Business Agency at 50% subsidised subletting rates. Currently there are no subletted premises available for rent.
Note: The Neighbourhood Initiative 20+2 is a joint initiative in conjunction with the WieNeu+ urban renewal programme.