Commercial Tourism Promotion 2023-2027 – Coverage of One-Time Processing Fee (Loans)

The Commercial Tourism Promotion 2023-2027 provides small and medium-sized enterprises in the tourism and leisure industry in Vienna with a crucial component: the coverage of the one-time processing fee for investment loans under EUR 350,000. In combination with federal interest subsidies, businesses can fully finance their investment projects and thereby enhance their competitiveness. The program focuses on targeted financial relief to strengthen resilience in challenging times and places a strong emphasis on sustainable concepts that promote climate-friendly technologies and digital innovations. Through cooperation with consultants and financial experts, the application process is supported and further optimization steps are identified. Interested companies benefit from binding allocation criteria and rapid decision-making, which revitalizes investment incentives in the Vienna region in the long term.

Funding is provided to SMEs with a business location in Vienna applying for an investment loan according to point 7.1 of the Tourism Investment Guideline. The application period runs from January 1, 2024, to December 31, 2027, with a project duration limited to 48 months. The 100% coverage of the processing fee is granted without a separate application – loan applicants submit the relevant documents to the Austrian Hotel and Tourism Bank. Concurrently, interest subsidies of up to 2% p.a. can be utilized. Prerequisites include orderly financing, personal creditworthiness, and the sustainable orientation of the project. The straightforward structure and transparent funding mechanism help to reduce investment barriers and secure the future of Vienna as a tourism location.