28% 15% Tourism Industry Austria is a strong industrial location As a percentage of GDP 2016

Austria: Strong Industrial Basis Contribution of productive sector to GDP in %, 2017 Source: OECD, Eurostat 2018

„New“ Austrians Largest foreign communities Source: Statistik Austria 2018

Top Industries Life Science Automotive Electronics Machinery

Austria Invests in Innovation Increase of R&D expenditures 2000 - 2017 EU: +16% Austria: +66%

Austria‘s R&D Expenditures Grow Above Average, As percentage of GDP 3,19 Forecast 2018 Germany Austria EU-28 Source: Eurostat

Austrian Investments rank #2 Change of investment quotas between 2007 and 2017 in % Source: Eurostat 2018

Comet Zentren und Comet Projekte in Österreich FFG | Österreichische Forschungsförderungsgesellschaft | Juli 2018

Academia meets Business AplusB – Academia plus Business INiTS tech2b accent ZAT CAST SPG build!

Austria supports researchers Spin-off Austria Tax privileges for migrant scientists fellowship initiative up to 500,000 € support to convert research results into business ideas tax credit of 30 % (limited for 5 years) returning scientists eligible (period abroad reduced to 5 years)

Investor-friendly Tax System Corporate tax rate: 25% Modern group taxation Tax premium for R&D: 14% No trade tax Double taxation treaties

Financing: Venture Capital

Funding: Unique! 55% of startups get subsidies Inkubator / Company Builder / Accelerator 19,3 % Erspartes (Finanzielle Mittel der GründerInnen) 81,2% Öffentliche Förderungen und Unterstützungen 55,0% Venture Capital (VC) 13,8% Crowdfunding / Crowdinvesting 9,9% Business Angels 33,4% Weitere Finanzquellen 6,9% Interne Finanzierung (Cash Flow) 29,3% Sonstige Kredite 2,8% Bankkredit 21,8% Initial Coin Offering (ICO) 1,1%

Funding for R&D: Unique! Direct incentives Indirect incentive: Research Premium Mixture between cash grants and subsidized low interest rate loans Tax credit: 14% Costs of staff and material for in-house research or outsourced to Austrian research institutes Expert opinion by FFG required For SME and large companies!

Subsidies for R&D Projects are Available Via Two Main Program Lines „Top Down“ Thematic calls „Bottom-up“ Any topic Any time „Basic programme“ „Special programs“

Comprehensive Funding System AWS FFG FWF VBA Austria Wirtschaftsservice funding bank for corporate business development www.aws.at Austrian Research Promotion Agency promotes R&D by companies along the entire innovation chain www.ffg.at Austrian Science Fund promotion of basic research At the regional level: additional funding and support Vienna Business Agency

Startup Funding System – FFG

Early Stage Funding – AWS www.aws.at

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