Reimbursement of Expenses of the ÖBFA
Reimbursement of expenses to the Austrian Federal Financing Agency (ÖBFA) in the event that the company's ongoing expenses are not covered by revenues. Valid since 04.12.1992, unlimited duration.
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Grant criteria
Funding objective
Ensuring the preservation or increase in value and the long-term further development of the holdings of the Federal Ministry of Finance by compensating for additional expenses of the ÖBFA that are not covered by its own revenues.
Eligible expenses
- Operating expenses
Eligible to apply
- Public Institutions
Funding requirements
- Expenses of the company exceeding its income
Description
The reimbursement of expenses of the Austrian Federal Financing Agency (ÖBFA) represents an open-ended grant scheme that has been available since December 4, 1992, to public-law institutions within the scope of the Federal Ministry of Finance’s holdings. If the ongoing operating expenses of the ÖBFA exceed the generated revenues, the federal government compensates this difference. This not only ensures the preservation and appreciation of existing federal participations but also guarantees the sustainable further development of the managed financial and other federal debts. Funding is provided continuously as soon as a corresponding application need arises and is designed to be application- and innovation-friendly due to its unlimited volume.
Particularly interested are companies acting within the framework of coordinating financing measures and debt management on behalf of the federal government. The sole requirement for applying is that the actual expenses of the institution exceed the revenues generated. Eligible expenditures include all operating costs not covered by own revenues. This measure makes a decisive contribution to stabilizing budget management and supports the long-term performance of the holdings of the Federal Ministry of Finance. Applications can be submitted at any time without a deadline, enabling rapid and needs-based allocation of funds.
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