To promote growth and employment, Austria encourages companies to invest in research and innovation. This is part of the Lisbon Strategy, aimed at increasing spending on R&D to 3 % of GDP by 2010.
One of the roles of Austrian policy on research and technology is to provide access to new technologies and specialised knowledge through networking and by promoting cooperation. The key legal foundations for this are:
The following core governmental institutions are involved in networking research and business. They all provide information on accessing research subsidies available to companies, initial advice and links to further sources:
The Austrian Council for Research and Technology Development (Rat-FTE) makes recommendations to Federal and Regional Offices regarding research and technology development.
The Austrian Academy of Sciences is the leading organisation promoting non-university academic research in Austria.
Alongside R&D, innovation is essential for businesses to develop and stay competitive.
Intellectual property must be protected to encourage research.
Austria Wirtschaftsservice (Austrian Development and Financing Bank) promotes awareness-raising measures in the area of research and technology development.
Useful information for people living and working in Austria is available from HELP, the Austrian government help service, and the Business Service Portal USP.
The ERP Credit Fund provided by Austria Wirtschaftsservice (AWS) subsidises companies in industry, manufacturing and production-related services based in Austria. The ERP fund is employed for technology projects associated with the Austrian Research Promotion Agency (FFG).
The Austrian Science Fund (FWF) is Austria’s central organisation for the promotion of basic research. It is dedicated to all the sciences and uses the standards of the international scientific community as its benchmark.
The Federal Ministry of Economy, Family and Youth (BMWFJ) offers subsidies as well as a range of general information on innovation, research and technological development.
The Austrian Research Promotion Agency is a national funding institution for applied industrial research in Austria. It supports Austrian businesses, research institutions and researchers with a comprehensive range of services, from the management of public funding programmes to consulting services in all phases of technology development and innovation.
Austria Wirtschaftsservice (AWS) offers a programme for founding and developing innovative companies:
It also provides an overview of programmes and services for small and medium-sized businesses.
The NANO Initiative is a national research and technology development programme designed to create added-value and to pool the resources of the science and business spheres.
Energytech.at is the platform for innovative technologies in the areas of renewable energy and energy efficiency. It provides an overview of the subsidy and technology programmes in Austria and the EU with a focus on research and development, as well as demonstration and pilot projects.
The Subsidy Compass is a service offered by the Federal Ministry for Transport, Innovation and Technology (BMVIT). It provides free, comprehensive support throughout Austria for those seeking subsidies for research and technology.
The BMVIT also supports project developments by providing access to subsidies.