Funding Initiative for Start-ups of the State of Salzburg NEW

The funding initiative for start-ups in the state of Salzburg NEW supports founders as well as successors of small and medium-sized enterprises in establishing economically independent businesses in Salzburg. With a direct grant of 10% of the assessment basis, the program promotes investments in fixed assets, buyout costs for premises, equipment or machinery, as well as the assumption of existing liabilities. A prerequisite for funding is the first-time self-employment or business takeover, the termination of previous dependent employment within one year, as well as a relevant trade license and membership in the Salzburg Chamber of Commerce. Applications must be submitted no later than six months after business establishment or the start of investment and are valid until December 31, 2025.

The funding is aimed at sole proprietorships, legal entities, and corporate law companies whose headquarters are located in the state of Salzburg. Eligible expenses include investments from a minimum assessment basis of 5,000 euros up to a maximum of 100,000 euros, as well as company-related assumption of debts. To enable the application process, among other documents, a CV, trade license, cost estimates, or a transfer agreement with balance sheet, as well as proof of additional funding commitments, are required. The payment is made as a one-time premium following a positive funding approval. Participants thereby receive targeted start-up assistance to create sustainable jobs and strengthen Salzburg’s regional economic strength.