Grant

Exit coverage and promotion of equity participations

Companies in which the state of Vorarlberg holds less than 100% ownership receive a severance coverage and funding based on a civil law agreement. Applications can be submitted at any time.

Business Financing

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Grant criteria

Application Deadline:
01.01.2013
Application level: Advanced
Region: Vorarlberg

Funding objective

Provision of exit coverage and financial support for companies in which the state of Vorarlberg holds less than 100% ownership.

Eligible to apply

  • Companies

Funding requirements

  • Annual financial statement
  • Resolution of the Vorarlberg State Government

Description

The "Exit Coverage and Promotion of Equity Participations" supports companies in Vorarlberg in which the state holds a minority stake (under 100%). Within the framework of a civil law agreement, financial benefits are granted to mitigate potential risks associated with the withdrawal of the state's participation and to ensure the long-term stability of such companies. As a direct grant program, it aims to prevent liquidity shortages and enable operational developments without burdening the equity structure through external financing. The initiative is explicitly directed at companies from all sectors that are based in Vorarlberg and organized as corporations under their legal form.

Applications are accepted on an ongoing basis – requests can be submitted at any time since January 1, 2013. A prerequisite for approval is the current annual financial statement of the company as well as a formal resolution by the Vorarlberg state government. These transparency criteria ensure a solid basis for the review and decision-making processes. Through the combination of exit coverage and financial support, the state of Vorarlberg specifically promotes the resilience and future viability of its minority participations, thereby contributing to a stable economic location.

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