On behalf of the Climate Protection Ministry, the aws is starting new priorities for the implementation of the EU Green Deal for start-ups and SMEs. EUR 7 million are available for this.
Vienna. (OTS) – Climate change poses major challenges for the economy and society in Austria, Europe and worldwide. The EU has set ambitious goals with climate neutrality by 2050 and the decoupling of growth and the use of resources. Highly innovative business start-ups and sustainable innovation protection can make an important contribution to this. To promote these companies, the aws has launched a new focus on behalf of the Climate Protection Ministry (BMK). The aws funding programs aws Seedfinancing and aws Innovationsschutz now also have their own modules for promoting green companies.
“ The competition of the future will be a competition for the greenest products and the greenest production methods. It is important to me to support the most innovative founders in Austria in implementing their entrepreneurial climate protection ideas. In this way, we can make a significant contribution to the implementation of the EU Green Deal and the Austrian goal of climate neutrality in 2040, as well as making a decisive contribution to a climate-friendly economy, ”said Climate Protection Minister Leonore Gewessler on the occasion of the start of the new funding priority.
Innovative climate technology solutions are supported
With funding programs such as aws Seedfinancing but also the offers within the scope of the aws Innovation Protection program, innovative and deep-tech start-ups are supported in the implementation of their start-up projects. As part of aws Seedfinancing, the financing gap of young innovative companies is financed with a grant of a maximum of EUR 200,000 in the preseed phase (aws Preseed) and a maximum of EUR 800,000 in the seed phase (aws Seedfinancing). With the new focus on GREEN seed financing, companies with a focus on climate protection technologies are now also being funded.
In the aws innovation protection program, climate technology companies are supported in the protection and exploitation of their intellectual property (IP) with a new focus on GREEN IP. This not only helps to raise awareness of IP, but also strengthens the international positioning of Austrian technologies.
A total of EUR 7 million is available for this new focus, providing a significant impetus for achieving the EU Green Deal goals. Applications in both programs are now possible.
“With funding programs, aws specifically supports Austrian start-ups and SMEs with entrepreneurial challenges. In the case of technology-heavy start-ups, these include financing gaps or the development of a viable IP strategy. Here we as aws want to make a contribution to the development of companies. With the new focus this succeeds and at the same time makes a positive contribution to climate and environmental protection ”, aws managing director Edeltraud Stiftinger is pleased.
About aws Seedfinancing:
The aws Seedfinancing program is a long-established funding program for DeepTech start-ups. As part of aws Seedfinancing, the financing gap for young, technologically innovative and highly scalable start-up projects is supported with a grant. In the preseed phase the support amounts to a maximum of EUR 200,000, in the seed phase a maximum of EUR 800,000. Submissions are now possible. All information about the funding program at: www.aws.at/seedfinancing
About aws innovation protection – Green.IP
aws innovation protection – Green IP promotes the implementation of modern IP management in innovative SMEs and start-ups. This includes measures such as the development of a tailor-made IP strategy and the creation of a powerful property rights portfolio as well as the establishment of processes for regular IP research, needs-based IP audits and for the defense and transaction of property rights. The development of a property rights portfolio and costs for research and patent attorneys, for example, are funded with a grant of up to EUR 100,000.
About Austria Wirtschaftsservice GmbH
Austria Wirtschaftsservice GmbH (aws) is the federal government’s development bank. By granting low-interest loans, guarantees, grants and equity, it supports companies from the first idea through to market success in implementing their innovative projects. Aws also provides advice and support in relation to the protection and exploitation of intellectual property. In addition, specific information, advice, service and support are offered for prospective, existing and expanding companies.
Inquiries & contact:
Austria Wirtschaftsservice Gesellschaft mbH
Mag. Wolfgang Drucker
T 01 501 75-331
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Seed financing innovation protection aws programs climate protection focus applied effect