aws First Incubator

With aws First Incubator, we support young, innovative people on their way to having their first very own company – with a dash of entrepreneurial spirit, with guidance and resources, and with professional coaching and financial support, and with the aws first community and a network of experts.

All – few exceptions (see program document)

Company size
Projects with 1 - 4 project members

Development phase

  • Pre-foundation phase: from business idea to business model
  • Young businesses (formation of the company not longer than 6 months ago, previous net sales not more than 10,000 euros.)
  • You are innovative people with an entrepreneurial spirit.
  • All persons are between the age of 18 and 30.
  • You have a first innovative idea that can be developed into a business model and / or for which you still need essential know-how for your first steps on the market.
  • You meet the requirements of the program document.

Success rate
10 – 20 %

Type of support

  • Coaching and mentoring by experienced experts
    and founders
  • Personnel costs
  • Project budget
  • Workshops on matters that are relevant to start-ups
  • Classes for further developing the idea
  • Coworking space
  • Travel expenses
  • Network: aws First Community, events, excursions

Funding amount

  • Up to EUR 55,000,- per project (see respective tender documents).
  • If the project includes at least one woman who will own or already owns more than 25 % of the business, the possible funding amount is increased by up to EUR 5,000,-.

Eligible costs

  • Personnel costs
  • Material costs
  • Third-party costs
  • Rental costs
  • Travel expenses

Project duration
1 - 2 years


  • personnel costs: monthly
  • Project budget: in 2 – 3 tranches upon reaching predefined milestones



Additional funding
Within the framework of the AGVO and the de minimis ceiling, you can combine the following subsidies with aws First Incubator:

  • Companies which were founded more than 6 months ago
  • Projects without any product or process innovation

Your contact

Elena Maria Tröscher, BA
Elena Maria Tröscher
Julia Maria Schanderl