Reasons to Start Your Startup

in Austria

Birgit Reiter – Braunwieser

May 28, 2020

What about the startup and tech scenein Austria?

Do you know…

… that Europe‘s leading retail exchange

for cryptocurrencies comes from Austria?

…that Vienna is known as ChatBot Hotspot?

…that Austria has set up a research center on

Blockchain?

2008/09: University project

Most successful fitness app worldwide

Runtastic

105 m. registered users

Strategic partnership with addidas: 220 m.€

50% of internet videos are based on Bitmovin technology

Bitmovin

April 2018: secured 30 m. € in Series B funding

2013: relocation to Berlin

N262019:

Back in Vienna with technology and innovation centre

Mobile payment solution

part of the European alliance and

one of the contenders of Apple Pay

12 Mio. € funding round in 2019

Bluecode

Examples of international startups andscaleups in Austria

Vibrant and dynamically developing

Austrian startup ecosystem

Market& Clients

Access to DACH market, 100 mill. People with high purchasing power; central location- hub between East and West

Talent

Truly international talent hub

Financing

Growing VC and business angel scene

Funding

Austria – one of the strongest countries in Europe for public pre-seed funding

Support

We are rolling out the red carpet!

Reasons why to start Your Startup

in Austria

Your Ideal Access to

German Speaking Markets

100 m.

German

speaking

consumers

Financing: Venture Capital

At the regional level

additional funding and support

Comprehensive funding system

Austria Wirtschafts-service

funding bank for corporate business development

www.aws.at

Austrian Research Promotion Agency

promotes R&D by companies along the entire innovation chain

www.ffg.at

Austrian Science Fund

promotion of basic research

Red-White-Red Card

for startup founders

Residence and Work Permit for Startup Founders

If you establish a company in order to develop innovative products, services, processing methods or technologies.

Condition: personally exert controlling influence on the management of the newly set-up company.

Prove capital for the company to be founded amounting to € 50.000.

Needed:Business plan

Relevant programs to „taste“ the Startup Location Austria (1)

• Vienna Startup Package, https://viennabusinessagency.at/start-up-city-

vienna/vienna-start-up-package/

• GIN Go Austria Program for Asian and Israeli startups, https://www.gin-austria.com/

• WeXelerate, Vienna, https://www.wexelerate.com/

• ESA Incubator, Graz & Wiener Neustadt, http://www.esa-bic.at/

• Pier4, Linz, http://www.pier4.tech/en/

• NextFloor Accelerator for Tourism, Salzburg, http://tacc.next-floor.at/

• Grow F for female founders, https://www.femalefounders.global/accelerator

• 360 lab, Graz, https://www.360-lab.com/accelerator/

Relevant programs to „taste“ the Startup Location Austria (2)

• A1 Startup Campus, https://www.a1startup.net/en/

• AgroInnovationLab, https://www.agroinnovationlab.com/

• Raiffeisen Elevator Lab, http://www.elevator-lab.com/

• Elevate (The Ventury), https://theventury.com/elevate/program-details/

• Factory1 (Kapsch), https://factory1.net/

• AplusB (Academia Plus Business) in all regions, e.g.:

• Build, Carinthia

https://www.build.or.at/en/start-ups/

• INITS Startup Camp Vienna

http://www.inits.at/en/startup-camp/

• Science Park, Graz

https://sciencepark.at/

Anna Iarotska, founder & CEO