Financial Support from the State of Burgenland

In Burgenland, the financial support provided by the state offers uncomplicated access to capital for small and medium-sized enterprises as well as founders. Funding is granted for investment and operating costs as well as financing costs such as interest or guarantee fees, in order to strengthen the competitiveness and innovative capacity of regional businesses. Applications must be submitted before the start of the project and can be made continuously until 31.12.2026. The following criteria apply: business location in Burgenland, availability of a Burgenland annual financial statement or proof of establishment, and compliance with the EU SME definition. Eligible costs include fixed assets (machines, technical equipment, operating and business equipment/IT), construction costs, patents, licenses, and other know-how. Purchases of land, used equipment, replacement deliveries, private expenses, and investments made prior to the application are not eligible for funding. The minimum project amount is €10,000 (excluding VAT), and the maximum funding rate is 30% of eligible costs. Projects with special social, regional, or ecological significance may be considered for higher funding rates.

Applications are to be submitted using the original form to Wirtschaftsagentur Burgenland GmbH. Required documents include trade licenses, annual financial statements from the last three years, as well as detailed cost breakdowns and financing plans. In the case of co-financing by the ERDF, additional publicity and accounting requirements apply. The evaluation is based on innovation and environmental content, employment effects, regional significance, growth potential, as well as company size and financing security. Grants are paid out after a positive funding decision in an approved partial or final payment. Additionally, the state agency offers consulting on the selection of financial instruments, obtaining financing commitments, and optimizing capital structure to actively support entrepreneurs in realizing their projects.