Funding Program for Companies Affected by the Subway Construction (U2/U5)
Support for affected Viennese companies due to the U2/U5 subway construction: Assistance with rental costs and initiative projects. Ongoing submissions possible.
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Grant criteria
Funding objective
Support for businesses in Vienna significantly affected over extended periods by the construction of the subway (U2 and U5) in covering rental costs and implementing initiative projects to improve business operations despite challenging conditions.
Eligible expenses
- Rental costs of the business premises including operating costs and maintenance contribution (excluding VAT)
- Operating costs and tax depreciation for owned property
- External services (consulting, training, marketing)
- Rental of additional commercial space
- Acquisition of technical equipment, machinery, and operational and business equipment
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Non-eligible expenses
- Direct product or service subsidies (e.g., discount promotions)
- Ongoing business expenses not mentioned in 5.1 or 5.2
- Costs for direct damages caused by construction work
- Unused discounts or cash discounts
- Taxes, fees, and financing costs
Eligible to apply
- Companies
Funding requirements
- Small enterprise according to EU definition (<50 employees, max. €10 million annual turnover or balance sheet total)
- Member of the Vienna Chamber of Commerce
- Business premises located in an area affected by subway construction
- Business premises located at least partially on the ground floor
- Business premises have regular customer traffic
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Documents required for application
- De-minimis declaration
- Annual financial statement or income-expenditure account of the last fiscal year
- Application authenticity certificate (AEZ)
- Valid rent or operating cost invoice
- Documents on depreciation of the business premises
Evaluation criteria
- First come, first served
- Impact of the requested initiative projects on business operations
Description
The funding program of the Vienna Business Agency is aimed at small businesses with premises on the ground floor zone in Vienna, whose business activities are significantly affected by the construction work of the U2/U5 subway extension. Funding is provided on the one hand for up to 50% of net rental costs (max. €10,000 per calendar year) including operating costs and maintenance contributions, and on the other hand for up to 80% of eligible expenses for initiative projects (max. €7,000) such as external consulting or marketing services, rental of additional commercial space, technical equipment, structural measures, or project-related material and supply costs. Requirements include, among others, membership in the Vienna Chamber of Commerce, regular end-customer traffic, and the presence of at least one defined impairment criterion (e.g., difficult accessibility, visual obstruction, noise and dust pollution). Eligibility applies to companies with a maximum of 50 employees and an annual turnover or balance sheet total of up to €10 million.
Continuous submissions have been possible since October 1, 2020. The funding period covers twelve months each, with extensions possible annually upon request. Applicants submit fully completed online forms via the funding cockpit and attach a de minimis declaration, the latest annual financial statement or income-expenditure statement, an application authenticity certificate, as well as rental and/or operating cost invoices. Selection is made on a first-come-first-served basis or according to the impact of the initiative projects on business operations. After a positive funding commitment, advance payments of up to 50% or 25% of the rental costs are made in several installments; the remainder is paid after submission of the final report and review of the final accounting. The funding aims to sustainably strengthen economic stability despite challenging conditions.
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