Small Business Promotion
Funding of investments by small businesses in Vorarlberg with a basic grant of 8% of the eligible investment volume and optional bonus surcharges.
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Grant criteria
Funding objective
Support for small businesses that are members of the Vorarlberg Chamber of Commerce in investments in new products and services, capacity expansions, or process improvements.
Eligible expenses
- New machinery and equipment
- Investment costs for product launch
- Capacity expansion
- Process and workflow optimization
Non-eligible expenses
- Acquisition of undeveloped land
- Construction or purchase of operational buildings
- Vehicles for passenger and freight transport
- Used capital goods
- Investments in office equipment
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Eligible to apply
- Companies
Funding requirements
- Membership in the Vorarlberg Chamber of Commerce
- Company size: < 50 employees or annual turnover ≤ €10 million or annual balance sheet total ≤ €10 million
- Investment focus: Introduction of new products/services, increase in manufacturing/service capacities, or improvement of workflows
Documents required for application
- Project description
- Detailed cost breakdown
- Credit assessment statement from the banking institution
- Most recent annual financial statement
- Company register excerpt or business license
Evaluation criteria
- Achievement of one of the investment priorities
- Particularly environmentally and resource-friendly effects
- Creation of additional jobs
Description
The small business promotion of the State of Vorarlberg is aimed at small enterprises with fewer than 50 employees or an annual turnover or annual balance sheet total of up to €10 million. As members of the Vorarlberg Chamber of Commerce, they can claim a basic grant of 8% of the eligible investment volume. Additionally, an environmental bonus of 2% can be obtained for particularly resource-saving measures, as well as a job creation bonus of 2% for investments that lead to the creation of new positions. Investments in new machinery and equipment, the introduction of innovative products or services, capacity expansions, and optimizations of workflows are supported. The total volume must be between a minimum of €25,000 and a maximum of €100,000 within three years.
The application must be submitted before the start of the project via the applicant’s primary bank to the Office of the Vorarlberg State Government – Department of General Economic Affairs. Required documents include a precise project description, a detailed cost breakdown, a credit assessment, the latest annual financial statement, and an extract from the commercial register or trade license. Evaluation criteria include achieving one of the investment priorities, a strong focus on environmental and resource protection, and the creation of additional jobs. Payment is made after a positive final accounting and confirmation of proper use of funds by the financing bank. By combining basic and bonus grants, the small business promotion specifically supports regional economic strength, innovative projects, and sustainable jobs in Vorarlberg.
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