Deadline: 30 September 2025
Are you looking to develop a new product in your company or roll out a new technology? If yes, then apply for the Innovation Funding Program.
They provide Innovation Funding to assist small- and medium-sized enterprises (SMEs) in all business sectors in developing innovative products, technologies, and services.
Funding Information
- Maximum funding amount: 300,000 euros per development proposal
- Minimum project value: 30,000 euros
- Funding rate: 45% for small businesses, 35% for medium-sized enterprises
- 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, they’ll also pay a startup bonus.
- Maximum project duration: 2 years
Eligible Costs
- Costs for personnel and external services, for the acquisition of necessary hardware, digital communication systems, machines, devices, installations, and systems as well as software and licenses, and non-personnel and material costs.
Eligibility Criteria
- Existing small- and medium-sized enterprises (SMEs), as well as companies in the process of being founded. Universities, universities of Applied Sciences, assosciations and independent research institutes or institutes in the field of education and social work can be project partners.
Application Requirements
- You will need a duly completed funding application and an application confirmation. You will also be required to provide a de minimis declaration, your latest financial statements, and/or an income statement.
For more information, visit Vienna Business Agency.
