Vienna strengthens small businesses: Up to 25,000 euros in help during subway construction!

Vienna strengthens small businesses: Up to 25,000 euros in help during subway construction!

In the heart of Vienna, where construction work on the new U2 and U5 lines is progressing, numerous small businesses are battling massive losses in sales. This subway construction leads to a number of problems such as noise, dust and limited access, which put a lot of strain on businesses. In order to overcome these challenges, the City of Vienna launched the so-called subway aid, which is now being increased by 50 percent to up to 25,000 euros. Small businesses with fewer than 50 employees benefit from this measure, and the funding rate for rental costs has also been increased to 60 percent today.at reported.

“Right from the start, it was important to us not to leave Viennese companies alone during the construction phase,” explained City Councilor for Economic Affairs Peter Hanke. Since 2018, 128 companies have already been supported with a total of 3.2 million euros. The high number of 120 completed applications in 2024 alone illustrates the enormous need for support. In order to proactively relieve the burden on affected companies, the City of Vienna is offering up to 700 small and medium-sized enterprises (SMEs) in ground floor locations as part of the largest subway construction emergency aid. This program not only provides emergency financial assistance, but also public relations support to highlight business openings during construction wien.gv.at.

Important support for affected companies

The precise allocation of funding is based on the “first come, first served” principle, so that early applicants have a higher chance of receiving support. Gerhard Hirczi, Managing Director of the Vienna Business Agency, emphasizes the flexibility and quick help of the subway aid. In addition, direct PR measures are planned to make customers aware that the shops are still open despite construction sites. Business spokesman Markus Ornig from Neos Vienna emphasizes that this measure is a clear sign of appreciation for the affected companies and is intended to support them economically so that they can emerge stronger from this challenging phase.