Funding and support measures are important instruments for driving innovation and economic success in companies.
A look at the various funding opportunities and support measures in Austria and the EU, and how sustainable strategies and the integration of the UN SDGs of Vision 2030 into the business model can help to increase opportunities and competitive advantages.
A look at Austria and the EU
Subsidies and support measures
Funding landscape in Austria
In Austria, there are numerous national funding institutions that provide financial support and advice to businesses.
Some of the main funding agencies are:
- Austria Wirtschaftsservice (aws):
The aws offers various funding programmes for companies in the areas of innovation, technology and sustainability.
- Research Promotion Agency (FFG):
The FFG supports companies in the development of research and development projects and promotes cooperation between science and business.
- Austrian Federal Economic Chamber (WKO):
The WKO offers support and advice in various areas such as marketing, export, digitalisation and environmental protection.
Regional and local funding
In addition to national funding institutions, federal states and municipalities also offer regional and local funding opportunities for businesses.
EU funding and programmes
EU funding programmes
The European Union also offers a range of support programmes and business support measures. Here are some examples:
- Horizon Europe:
The EU's research and innovation programme supports projects in the fields of science, technology and innovation.
- European Regional Development Fund (ERDF):
The ERDF supports regional development projects and promotes sustainable growth, employment and innovation.
- European Social Fund (ESF):
The ESF promotes job creation, the integration of disadvantaged groups and the improvement of education and skills levels.
Programme for Competitiveness of Enterprises and SMEs.
European Investment Bank (EIB)
The European Investment Bank supports businesses in the form of financing, guarantees and advisory services.
The importance of the UN SDGs and their impact on funding projects
The implementation of the UN SDGs (Sustainable Development Goals) can help companies develop their sustainability strategies and increase their competitiveness.
Integrating the SDGs into the business model can also make companies more likely to benefit from funding and support measures. Funding bodies and investors are increasingly emphasising sustainability and the implementation of SDGs, so companies that pursue these goals can benefit from additional advantages.
Sustainable business practices
Sustainable business practices and the integration of the UN SDGs of Vision 2030 can increase the chances of success when applying for funding, as they are increasingly part of the evaluation criteria for funding.
Innovative and sustainable services and products
Innovative and sustainable services and products can help companies to compete internationally and at the same time increase their chances of receiving funding and support measures.
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Subsidies and support measures for businesses are essential factors for growth, innovation and economic success.
In Austria and throughout the EU, there are many different ways for companies to take advantage of financial support and expert advice. Sustainability and the integration of the UN SDGs of Vision 2030 play a crucial role when it comes to applying for funding. Sustainable approaches can not only contribute to positive change for the environment and society, but also increase companies' competitiveness and chances of success.
Next steps towards funding and support
As an experienced management consultancy, marketing and advertising agency, HERZBLUAT supports companies in implementing innovative and sustainable strategies in their business models.
We help our clients identify the relevant SDGs of the UN Vision 2030 and integrate them into their business model. This not only contributes to a positive perception among customers and partners, but can also increase the chances of receiving funding and support measures.
Learn more about the funding opportunities and support measures available to your company and use these opportunities to make your business sustainable and develop it successfully. Explore how integrating the UN SDGs of Vision 2030 can help your company to increase competitiveness and improve the chances of success when applying for funding. Use our expertise at HERZBLUAT to implement innovative and sustainable strategies in your company and take advantage of the full range of funding and support measures.
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