Entrepreneurial Investment (NÖWTF)
Support for start-ups and takeovers in Lower Austria: Grant of up to 10% (max. €50,000) of eligible costs with a minimum project volume of €20,000. Applications are possible until 31.12.2026.
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Grant criteria
Funding objective
Support for investments in fixed assets in the course of business start-up by young entrepreneurs or in the takeover of an existing company, in order to promote the development of the Lower Austria region and secure jobs.
Eligible expenses
- Investments in tangible assets
- Investments in intangible assets
Non-eligible expenses
- Leasing or hire-purchase financed acquisitions
- Costs for the purchase of land
- Value-added tax, if input tax deduction is possible
- Own contributions (personnel costs of the company)
Eligible to apply
- Companies
- Founders
Funding requirements
- SMEs in the commercial sector as well as tourism and leisure industries
- Young entrepreneurs up to three years after founding or taking over a company
- Application submission before the start of activities related to the project
- Projects in line with the development strategies of the state of Lower Austria
Documents required for application
- Application (via the Economic Development Portal)
- Project description (according to the guidelines)
- Overview of total costs
- Annual financial statement/balance sheet of the last fiscal year
- Officially approved construction plan (for construction measures)
- Construction and commercial authority approval notices (if required)
- Applications to other funding agencies and completion letters (if applicable)
- Insurance data extract (for young entrepreneurs)
- Acquisition contract (in case of company takeovers)
Description
The Impulse Program Entrepreneurial Investment of the State of Lower Austria supports start-ups and business takeovers in Lower Austria with a grant of up to 10% of eligible expenses (maximum €50,000) for a minimum project volume of €20,000. This funding instrument is aimed at small and medium-sized enterprises in the commercial sector as well as the tourism and leisure industry. Young entrepreneurs who have founded a company or taken over a business within the last three years can also benefit. Applications must be submitted before the commencement of activities related to the project and can be filed via the Economic Promotion Portal until December 31, 2026. The objective is to strengthen the economic location of Lower Austria through investments in tangible and intangible assets to secure and create jobs.
Eligible expenses include acquisitions of fixed assets and intangible assets. Non-eligible expenses include, for example, acquisitions financed by leasing or hire purchase, land acquisition, value-added tax (if input tax deduction applies), in-house services, as well as outstanding cash discounts and rebates. The application requires, among other documents, the completed online application, a project description according to the guidelines, a total cost breakdown, and the financial statements of the last fiscal year. For construction measures, officially approved building plans and permits must be attached. A takeover agreement is required for business acquisitions. The support provides targeted impulses for young entrepreneurs and successors to promote sustainable investments and further advance regional economic development.
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