ERDF 21-27: Innovative and Productive Investments in Enterprises

The ERDF program 2021–2027 supports innovative and productive investments in small and medium-sized enterprises (SMEs) based in Vienna under Measure 2. The objective is to promote modernization, expansion, and efficiency improvements in operational processes through grants, thereby sustainably increasing the productivity and competitiveness of these companies. The funding period extends from 01/01/2021 to 12/31/2029, creating a long-term investment horizon that ensures employment effects and regional value creation. SMEs according to the EU definition can submit applications and benefit from direct grants, which contribute as non-repayable funds to the investment volume.

Investments in tangible and intangible assets, such as machinery, equipment, software, or operational and business equipment, are eligible for funding. Approval requires an investment-related project that strengthens the company’s competitiveness and generates positive impulses for the Vienna economic location. Applications can be submitted at any time until 12/31/2029, with application and processing conducted through national administrative bodies. By combining ERDF funds with possible private and national co-financing, SMEs can effectively implement their innovation projects and thus expand their market position. The funding makes a significant contribution to strengthening entrepreneurial growth, creating and securing jobs, and further developing a future-oriented economic structure in the region.