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

The Upper Austrian Founder Fund supports start-ups and business successors in Upper Austria through silent partnerships. Within the framework of the program lines "R&D Participation" and "Tourism Participation," company foundations and takeovers are promoted with legally recognized equity capital. A silent partnership can be supplemented by the Upper Austrian Business Participation Company Ltd., and if necessary, a guarantee for follow-up loans is provided by the Upper Austrian Credit Guarantee Company Ltd. Funding applications can be submitted between 01.01.2024 and 31.12.2025. The funding objective is to facilitate equity capital procurement, especially for R&D and tourism start-up projects, thereby enabling a solid start for innovative and tourism-related companies in the region.

Interested parties must submit a formal application including a business concept and a needs statement from the Upper Austrian Business Participation Company within twelve months of joining the tech2b incubator program (variant "INCUBATE" or Tourism Incubator). Prerequisites include orderly economic conditions, positive future prospects, as well as proof and contribution of at least 30% equity capital. Eligible expenses include tangible and intangible investments, personnel costs, working capital, start-up costs (maximum 18 months), and shareholder remuneration up to €1,500 gross per month. The combination of participation capital and guaranteed follow-up loan creates an attractive framework to close financing gaps and promote sustainable business growth in Upper Austria.