Funding for companies in Liesing: A guide for applications

Funding for companies in Liesing: A guide for applications

In November, an important business meeting of the Vienna Chamber of Commerce (WKW) took place in Liesing, in which around 20 participants were informed about various funding opportunities. These events are crucial for entrepreneurs: inside who are looking for financial support to implement their business ideas. The WKW offered valuable insights into the different funding programs, while Gordana Stojanovic and Alexandra Mühlhauser from the support service reminded the participants of the importance of the time.

A particularly important note was that the application for funding must be submitted before the implementation of a project: "Please note: If you submit the application for funding before you place an order. Unfortunately, it is too late and you gave away money." This instruction illustrates how essential it is to plan the necessary steps in good time in order not to lose unused financial aids.

overview of funding opportunities

The grants offered are diverse and offer both financial grants and loans. For example, companies that are taken over and remain in the same industry can receive a non -repayable grant of up to 10,000 euros. In addition, in cooperation with the City of Vienna there is loans of up to 15,500 euros for investments that can be repaid for the interest rate of 1.75 percent for over five years.

The first two hours for management consultancy are only to be paid for sales tax, and further hours are partially funded depending on the size of the company. In addition, in the case of long -lasting diseases, a operational aid is offered that steps in if the entrepreneur cannot work due to injuries or pregnancy.

meaning for the economy

The Vienna Economic Agency plays a central role in the promotion of projects and supports companies in successfully applying for grants. In the previous year, around 1,500 projects with a total of 50 million euros were funded. These figures illustrate the important contribution that public support for economic development.

From January 2024, a new funding period will start with 21 different programs, some of which have improvements in terms of the grant rate. This means that companies may be able to receive up to 50 percent of the project costs as a grant. Matthias Nöster from the business agency emphasizes the importance of discussions with sponsoring consultants to find the right programs for the respective projects.

For companies, the focus is particularly on support for investments in new machines or procedures, adapting locations and digitization of their business processes. Various documents are required to apply for funding, including project applications and detailed company descriptions.

Another central point is the obligation to make an application in good time. Günther Ferlin from the business agency emphasizes that own funds of at least 30 percent are required and that the order of the application is decisive: "First submit the application for funding." This procedure ensures that the application has the right framework and that the chances of approval increase.

With these valuable information, the participants left: Inside the meeting and also had the opportunity to clarify personal questions about their projects. Such encounters not only promote the exchange of knowledge, but also strengthen the community of entrepreneurs: inside in the region and help to support the local economy.

For more information on these topics, it is worthwhile to consult the current reports on www.wko.at