FAWI (Fund for Labor and Economy) - Economic Development
Economic promotion in Burgenland through the Fund for Labor and Economy to finance various measures for companies and projects in the areas of economic development and energy efficiency. Applications can be submitted at any time.
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Grant criteria
Funding objective
This funding is intended to finance various measures tailored to the needs of the Burgenland economy and businesses. It also enables projects outside the scope of the WIFÖG that contribute to the economic development of Burgenland, optimal economic growth, and job creation. Additionally, activities and measures in the areas of energy production, energy supply, and energy efficiency are supported.
Eligible to apply
- Companies
Funding requirements
- Informal application with a description of the project to be funded
Documents required for application
- Informal application
- Description of the project to be funded
Description
The Fund for Labor and Economy (FAWI) in Burgenland continuously offers grants to companies to strengthen the regional economic capacity. Investments and projects are supported in the areas of corporate financing, regional development, energy efficiency & renewable energies, climate protection, as well as agriculture & rural development. The goal is to support measures that are specifically tailored to local needs, promote economic growth, and create new jobs. Additionally, the funding enables projects that go beyond the scope of the State Economic Promotion Act (WIFÖG) and places a special focus on activities in the areas of energy generation, supply, and efficiency improvement.
Companies and economic actors in Burgenland can submit an informal application with a description of the planned project at any time. The only requirement is the submission of an informal request and a detailed project description. Financial support is provided as a grant and covers various implementation phases – from consulting services to technical innovations and construction measures. Thanks to open application deadlines, interested parties can respond flexibly to market opportunities and realize their projects promptly. Experts and advisors at the office of the Burgenland state government are available to answer questions regarding framework conditions and funding modalities, thus contributing to a straightforward process.