Funding Program for Companies Affected by Subway Construction (U2/U5)
Ongoing funding program by the Vienna Business Agency for commercial enterprises on ground floor premises affected by the subway construction (U2/U5): up to 50% of rental costs (max. €10,000) and up to 80% for initiative projects (max. €7,000) per calendar year.
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Grant criteria
Funding objective
This program aims to support businesses significantly affected over an extended period by the subway construction (U2 and U5) in covering part of their ongoing expenses (rental costs) and/or in implementing proactive measures that are suitable to positively influence business operations despite the challenging conditions.
Eligible expenses
- Rent including operating costs and maintenance contribution
- tax depreciation of the commercial premises
- consulting costs
- training and qualification measures
- marketing costs
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Non-eligible expenses
- direct product or service subsidies
- ongoing operating costs outside the scope of funding
- costs for building damage compensation
- discounts or cash discounts not utilized
- taxes, fees, financing costs
Eligible to apply
- Companies
Funding requirements
- Small enterprises according to the EU definition (fewer than 50 employees, max. €10 million turnover or balance sheet total)
- Membership in the Vienna Chamber of Commerce
- Business premises in the ground floor area affected by subway construction
- Regular customer traffic and primarily end-customer focus
- Proof of at least one subway service impact criterion
Documents required for application
- De-minimis declaration
- Annual financial statement or income-expenditure statement of the last fiscal year
- Application authenticity certificate (AEZ)
- Valid rent or operating cost invoice
- Documents for depreciation of the business premises
Evaluation criteria
- First-come-first-served
- Impact and plausibility of initiative measures
Description
The funding program of the Vienna Business Agency supports micro and small enterprises that are significantly affected in their ground-floor operations due to the construction of the U2 and U5 subway lines in Vienna. The aim is to reimburse affected businesses for part of their ongoing rental costs and to promote innovative measures that stabilize business operations despite reduced accessibility. Per calendar year, funding can be applied for up to 50% of rental costs (maximum €10,000) and up to 80% of expenses for initiative projects (maximum €7,000). Both types of funding can be used simultaneously, with only actual net costs incurred being considered. The program tranche is unlimited in duration and guarantees ongoing submissions on a first-come, first-served basis.
Eligible applicants are existing entrepreneurs with fewer than 50 employees and an annual turnover or balance sheet total of a maximum of €10 million, whose business premises are members of the Vienna Chamber of Commerce, regularly receive end-customer traffic, and are directly affected by at least one defined impairment criterion (e.g., restricted access or increased noise and dust exposure). In addition to the online application, a De-minimis declaration, a current annual financial statement or income-expenditure statement, the application authenticity certificate, as well as current rental cost or depreciation documents are required. The business promotion is paid out in partial amounts and settled after project completion with a final report and the associated supporting documents. Funding recipients thus benefit sustainably from planning security to stabilize their business operations during the U2/U5 construction phase and to implement future-oriented initiative measures.
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