There are now a total of 3 million Euros available exclusively for the funding of technology startups and the creation of startup infrastructures.
For the first time, the Vienna Business Agency is funding new initiatives that support and strengthen startups with innovative services, for example, commonly usable laboratories or production facilities, new networking initiatives, etc.
A total of 1 million Euros are available for such newly established initiatives.
Moreover, a big promotional competition was launched in late May with a focus on tech startups. As part of “Start Tech Vienna 2016,” there are 2 million Euros available for Vienna startup projects whose advanced technology is ahead of its time and trend-setting.