aws ERP loan
Low-interest loans for start-up, modernization, growth, and innovation in Austria. Applications can be submitted at any time.
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Grant criteria
Funding objective
With the aws ERP loan, we enable investments in founding, modernization, growth, and innovation through (interest-)favorable loans with a fixed interest rate, flexible terms, and grace periods.
Eligible expenses
- Capitalizable costs
- Non-capitalizable innovation and growth measures (operating resources)
Non-eligible expenses
- Projects that started before the application was submitted
- Loan applications without collateral
- Activities in real estate, banking, financing, and insurance sectors
- Pure financial participations
- Liberal professions (exception: members of the Federal Chamber of Civil Engineers)
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Eligible to apply
- Companies
- Founders
Funding requirements
- Application must be submitted before project start, including company and project description
- Loan must be 100% secured by bank confirmation and/or aws guarantee
- Compliance with the provisions of the aws guideline
Documents required for application
- Company and project description
- Proof of collateral (bank confirmation or aws guarantee)
Evaluation criteria
- Fulfillment of formal and substantive criteria
- Creditworthiness and collateral
- Economic efficiency and innovative content of the project
Description
The aws ERP loan supports Austrian companies of all sizes – from sole proprietorships (EPU) through small and medium-sized enterprises (SMEs) to large corporations – in investments related to founding, modernization, growth, and innovation. The loan offer features a fixed interest rate, a flexible term of up to 16 years (including a maximum of five years repayment-free), as well as an individually negotiable repayment-free interval. The funding amount ranges from EUR 10,000 to EUR 30 million and covers up to 100% of project-related expenses, including capitalizable costs and non-capitalizable innovation and growth measures (operating resources). Applications can be submitted continuously, with requests to be filed before project commencement along with company and project descriptions. Collateralization is provided 100% via a confirmation from the house bank and/or an aws guarantee and must comply with the aws guidelines.
Decisions are made following formal and substantive review, creditworthiness and collateral evaluation, and assessment of the level of innovation. For projects up to EUR 1 million, the approval period is one to seven days; for projects exceeding EUR 2 million, up to three months. Repayments begin after the expiry of the repayment-free period through the appointed ERP trustee bank. Complementary aws funding such as guarantees, digitization, or growth investments may be combined within the framework of the AGVO and De-minimis thresholds. Required documents include a detailed company and project description as well as proof of collateral. aws – the federal promotional bank – acts as a one-stop shop for financing, guarantee, and equity solutions as well as supplementary consulting and service offerings.