How do I find out whether my development proposal is eligible for funding?

Your funding expert can tell you whether your development proposal meets the formal funding requirements during a consultation. Benjamin Drosg and Robert Rupp provide consultations on the Vienna Planet Fund.

What's the procedure for obtaining funding?

To receive funding, you will need to submit a funding application. Consult with your funding expert to get the information you need, submit your application online, and – this is important – don't make any investments until after you've submitted a complete application. This is because the Vienna Business Agency provides funding only for development proposals that start after the application has been submitted.

Who is eligible for the Vienna Planet Fund?

We provide the Vienna Planet Fund to existing small- and medium-sized enterprises (SMEs), as well as large corporations from all business sectors, companies wishing to move their international business to Vienna, and to founders.

We provide the Vienna Planet Fund to help cover costs for your and your employees' training and professional development, for the acquisition of machines, devices, equipment, and instruments. Funding is also awarded for licenses, trademark rights, consultation and development costs, consumables, and structural modifications. We provide funding to support business projects and not day-to-day operating costs. Make the cost calculation for your development proposal as detailed as possible.

When do I find out whether my development proposal will be funded?

The decision is made by a jury based on well-defined assessment criteria. Generally, it takes two to three months to find out whether your development proposal will receive funding.

What is the maximum amount of funding that I can receive?

You can be awarded a maximum of 250,000 euros per development proposal. The maximum funding amounts vary depending on the type of funding. Ask your funding expert about the funding details before you submit your application.

What is the minimum value my development proposal must have to qualify for funding?

Your development proposal must be worth at least 30,000 euros to qualify for the Vienna Planet Fund.

What is a funding rate?

The funding rate is the percentage of a development proposal's eligible costs that will be funded. The funding rate varies depending on the type of funding. To give you an example: If the funding rate is 45% and we recognise 100,000 euros as your project costs, the Vienna Business Agency will pay 45,000 euros. The maximum funding rate for Vienna Planet Fund Funding is 45%.

Where do I submit my application for the Vienna Planet Fund?

You can submit your funding application via our online portal – it's convenient and always available. To do so, you must register on our website and create a profile. In your profile, select "My submissions" and "Submit now". Funding accounts will also be settled via our online system.

What documents do I need to apply for the Vienna Planet Fund?

You are required to submit a duly completed funding application along with an application confirmation certifying that the information you have provided is true and accurate. Our online system automatically generates this application confirmation when you have finished completing the application form. You will also be required to provide a de minimis declaration, your latest financial statements, and/or an income statement.

Can a partnership application be submitted for the Vienna Planet Fund?

Yes, a partnership application can be submitted for the Vienna Planet Fund. In addition to companies, applications can also be submitted by universities, universities of applied sciences, associations, non-university research institutions, and legal entities from the social, research, and educational fields. The lead company submitting the application is responsible for allocating the respective share of the funding amount to its partners.

Vienna Planet Fund

Do you want to help make the city climate-neutral? Do you have a business idea to reduce greenhouse gases, and are you eager to bring it to life in Vienna? Are you working on a development proposal for more efficient use of resources and energy, or are you planning to implement environmentally friendly machines in the future? Are you planning to launch a circular product, or are you looking to conserve biodiversity? We provide the Vienna Planet Fund to assist companies, both local and international, as well as founders from all business sectors, in developing climate-friendly products, technologies, or services. Bring your national or international company to Vienna and book a cost-free consultation with us.

What is funded?

We provide the Vienna Planet Fund to help cover payroll costs, costs for your or your employees' training and professional development, costs for equipment, machines, licenses and trademarks, consumables, and structural modifications.

We provide consultations on the Vienna Planet Fund:

Benjamin Drosg

Funding

E-Mail

+43 1 25200 422

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Robert Rupp

Funding

E-Mail

+43 699 140 86893

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Facts about the Vienna Planet Fund

Maximum funding amount:	250,000 euros per project
Funding rate:	45%
Minimum project value	30,000 euros
Who is eligible?	Austrian and international companies implementing their climate-related development proposal in Vienna. Existing small, medium, and large companies, as well as founders in Vienna. We also provide funding to partners such as universities, universities of applied sciences, associations, and non-university research institutions.
Business sectors:	All business sectors.
Eligible costs:	Consultation and development costs, costs for patent registrations, as well as training and professional development, payroll costs, costs for machines, devices, equipment, consumables, intellectual property rights, and licenses.
Upfront payment:	Up to a maximum of 50% of the approved funding amount can be paid up front.
Maximum project duration:	2 years
Documents for your submission of a Vienna Planet Fund application:	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.
Bonus:	Women's bonus: 10,000 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.
Legal basis under European state aid law:	GBER Articles 22, 25, 28, 29. For big and medium companies: de minimis
Submission deadlines:	November 30, 2024