The business unit “Soft Loans | Cofinancing” covers all erp funding products along with tasks linked to the implementation of EU subsidies and EU programmes. The instrument portfolio consists of erp loans, grants from national funds, international funds (ERDF/ European Regional Development Fund, EAFRD/European Agricultural Fund for Rural Development), coordination and consultancy services.
- Soft loan management | Co-financing
- Monitoring and paying agency for EU structural funds
The products of this business area include e.g. funding products for company founders and recently formed companies, programmes to accelerate company growth, to strengthen international competitive position (internationalisation):
- Guarantees for start-ups and young enterprises
- Guarantees for SMEs
- Guarantees for corporates and internationalisation
- Employment bonus
Creative Industry and Entrepreneurship
The department’s goal is to better cater for the innovative character of projects in the creative industry. Jugend Innovativ (the largest school competition for innovation in Austria) and the Staatspreis Innovation (National Prize for Innovation) are for instance also managed by this department. Jugend Innovativ places special attention on increasing interest amongst young people in research, technology, innovation and creativity and fostering an interest in scientific and technical fields of study. The goal of the National Prize for Innovation is to promote public understanding of science, research and technology in Austria by commending innovative and creative companies.
“IP Management”, the second department within the business area of Entrepreneurship | IPR | Seed Financing, functions as a wide-ranging support service for all questions related to the commercial application of intellectual property rights. Here, research institutes and SMEs are offered support in evaluating their property rights standing, funding when acquiring property rights and support in marketing and/or enforcing property rights.
The founding and development of high-technology enterprises require technological-scientific consulting and targeted financing. Alongside life sciences and ICT, there are further fields of focus in areas such as material sciences, nanotechnology, green innovation and, finally, innovative services devoted to technology and social business.