Grant

Upper Austrian Founders Fund with the program lines "R&D Participation" and "Tourism Participation"

The Upper Austrian Founders Fund offers founders and business successors in Upper Austria affordable equity capital through silent partnerships and optional loan guarantees. Duration 01.01.2024–31.12.2026.

Business Establishment Business Financing Consulting

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Grant criteria

Application Deadline:
01.01. - 31.12.2026
Application level: Advanced
Region: Upper Austria
Company size: Small and medium-sized enterprises (SMEs)

Funding objective

Support for company founders and business successors in the fields of research, technology, and innovation (RTI) as well as tourism through silent partnerships as equity and, if necessary, loan guarantees.

Eligible to apply

  • Founders
  • Companies

Funding requirements

  • Supervision by tech2b Inkubator GmbH in the "INCUBATE" variant of the "AplusB Scale-up" funding program or in the "Tourism Incubator Program"
  • Orderly economic conditions and positive future prospects
  • Proof and contribution of at least 30% equity of the intended participation
  • Submission of the funding application no later than 12 months after admission to the respective incubator program

Documents required for application

  1. Completed application form via tech2b Inkubator GmbH
  2. Business plan
  3. Statement of need from the Upper Austrian Business Participation Company

Description

The Upper Austrian Founder Fund provides innovative start-ups and business successors in Upper Austria with low-cost equity capital during the period from 01.01.2024 to 31.12.2026. In the program lines FTI Participation and Tourism Participation, the silent partnership is held in trust by the Upper Austrian Business Participation Company Ltd. and, upon request, includes a loan guarantee from the Upper Austrian Credit Guarantee Company Ltd. up to the amount of the participation. For the first three years, the Founder Fund covers all guarantee costs except for the one-time processing fee. The aim is to promote technology-oriented and tourism-related start-up projects through demand-oriented equity participation and financing support.

Eligible to participate are small and medium-sized enterprises (SMEs) that are supported within the framework of tech2b Incubator GmbH – in the "INCUBATE" variant of the "AplusB Scale-up" program or in the "Tourism Incubator Program." A prerequisite is proof of orderly economic conditions, positive future prospects, and the contribution of at least 30% equity capital of the targeted participation. The application must be submitted using the completed application form within twelve months after admission to the incubator program. In addition to the business concept, the funding application must include the needs statement from the Upper Austrian Business Participation Company Ltd. as well as proof of the equity ratio. The Upper Austrian Founder Fund thus creates an incentive to realize forward-looking ideas in Upper Austria and to sustainably strengthen the growth path.

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