Projects in this Vienna incubator run one to two years and include a compulsory start-up camp, with two intakes a year. Austria Wirtschaftsservice funds up to 90% of costs as a non-repayable grant to a maximum of EUR 49,000 within a project volume of EUR 55,000, rising to 100% and EUR 55,000 where women hold more than 25% of shares. Because it is a grant, no equity is taken. Generalist.
Investment
€49,000 (Below Europe & C. Asia median $54.5k · Below global median $61.3k)
Equity taken
0% (Like 88% of Europe & C. Asia · Like 79% globally)
Duration
104 weeks (Longer than Europe & C. Asia median 26 wks · Longer than global median 20 wks)