Contributions to Arbeitsmarkt Vorarlberg GmbH (FAV)
Regular subsidy from the State of Vorarlberg to Arbeitsmarkt Vorarlberg GmbH for the promotion of the Vorarlberg labor market. Valid from 01.01.2023, disbursed annually upon request.
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Grant criteria
Funding objective
Promotion of the Vorarlberg labor market, in particular enabling as many employees as possible to attain higher and advanced qualifications, achieving the most comprehensive development of available talents, facilitating high labor market participation and work-family balance, in order to meet the workforce needs of the economy and strengthen Vorarlberg as a business and employment location.
Eligible to apply
- Companies
Funding requirements
- Company must pursue the specified purposes and objectives
- Establishment of an advisory board
Documents required for application
- Letter
- Balance sheet (if applicable)
Description
With the annual contributions to Arbeitsmarkt Vorarlberg GmbH (FAV), the state of Vorarlberg is purposefully investing in strengthening the regional labor market. The goal is to provide as many employees as possible with access to higher qualifications, comprehensively promote talents, and enable a strong compatibility between work and family life. This funding aims to increase labor market participation, meet the demand for skilled workers in the local economy, and further develop Vorarlberg as an attractive business and employment location. Since January 1, 2023, €1 million per year has been available for this purpose, paid out as a grant upon request. An advisory board ensures the pursuit of the defined funding objectives, while the state, as a 40% shareholder of FAV, continuously monitors the appropriate implementation.
Companies based in Vorarlberg can benefit from these funds, provided they implement the specified purposes and establish the advisory board. Disbursement is flexible and without fixed deadlines: a simple letter is sufficient to apply for the annual contribution. Required documents may include, in addition to the application letter, a balance sheet. Interested companies can obtain further information on the general funding guidelines (AFRL) of the Vorarlberg state government. Through transparent management of these funds, duplicate funding is avoided and the sustainable growth of the Vorarlberg labor market is ensured.
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