Investment Promotion Quality Tourism (NÖWTF)
Funding program of the State of Lower Austria for investments in tourist capital goods over €1,000,000 with a subsidy of up to 5%. Applications possible until 31.12.2026.
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Grant criteria
Funding objective
Investments in fixed assets with a project volume of at least €1,000,000 in the tourism and leisure industry for capacity development, quality improvement, expansion of the tourism offer, as well as the promotion of sustainability and innovation.
Eligible expenses
- Tangible assets
- Intangible assets
Non-eligible expenses
- Acquisition of land
- Leasing or hire purchase
- Discounts and rebates
- Value-added tax with input tax deduction
- Own contributions
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Eligible to apply
- Companies
Funding requirements
- Project volume at least € 1,000,000
- Application must be submitted before the project start
- Companies in the tourism and leisure industry
- Fulfillment of the defined quality criteria
Documents required for application
- Application (via economic development portal)
- Project description (according to guidelines)
- Overall cost breakdown
- Annual financial statement/balance sheet of the last fiscal year
- Officially approved building plan (for construction measures)
- Building and commercial authority approval notices
- Applications to other funding agencies and completion letters
Description
The Investment Promotion Quality Tourism program of the State of Lower Austria supports companies in the tourism and leisure industry with large-scale investments in fixed assets starting from a minimum volume of € 1,000,000. With a funding rate of up to 5%, both tangible and intangible assets are subsidized to expand capacities, improve the quality of the tourism offer, and promote innovation and sustainability. A prerequisite is compliance with defined quality criteria, which include the expansion of accommodation and gastronomy services, the creation of new target groups, and ecological revitalization without additional land sealing. Applicants benefit from the co-financing option through funds from the European Regional Development Fund (ERDF) and must submit their funding application before the project start via the Lower Austria Economic Promotion Portal.
Eligible for funding are small and medium-sized enterprises (SMEs) in the tourism and leisure industry as well as large companies establishing new economic activities in regional development areas. Essential funding requirements are a project volume ≥ € 1,000,000, application submission before construction begins, and fulfillment of the quality criteria. Funded are acquisitions of tangible and intangible assets, but not land acquisition, leasing, patent costs, or in-house services. Required documents include, in addition to the application and project description, a total cost breakdown, the financial statements of the last fiscal year, as well as officially approved construction plans and permits. Applications can be submitted until 31.12.2026. Interested companies can find all relevant information, forms, and billing documents on the Lower Austria Economic Promotion Portal.
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