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                <p><img src="https://images.unsplash.com/photo-1590253198910-1683b35ba5bf?q=80&amp;w=1000&amp;auto=format&amp;fit=crop&amp;ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D" alt="people walking on pedestrian lane during daytime">
<br>Austria’s startup economy is thriving in information technology, media, and life science, as well as creative industries. With the potential to become a leading European startup hub, Austria has seen success with unicorns such as GoStudent and Bitpanda, attracting global attention and interest from international investors. The country offers an investment-friendly tax system and a supportive network for entrepreneurs to acquire funding. The Ministry of Economics has taken steps to simplify the process of starting a new business through the New Companies Promotion Act (NeuFöG), while organizations like ABA-Invest in Austria actively promote the nation as a prime location for early stage funding and government backing.<br>
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<br>Austria boasts a robust network of early-stage investors, incubators, accelerators, angels, and VCs, including Austrian StartUps, the Austrian Angel Investors Association, and the Austrian Venture Capital and Private Equity Organisation. Speedinvest, one of Europe’s most active VCs, is based in Vienna, while funding sources like the Austrian Research Promotion Agency (FFG) and Austria Wirtschaftsservice (AWS) provide grants, guarantees, and subsidized loans. The Vienna Business Agency plays a crucial role in nurturing the Viennese startup ecosystem through initiatives like the Vienna Startup Package and <a href="https://viennaup.com/">ViennaUp</a> event, elevating Austria’s profile in the global startup landscape. <br></p>
<p><br>Recent efforts by the public sector to promote and brand the Austrian startup ecosystem have been encouraging, addressing previous shortcomings in marketing and missed opportunities. The Austrian Startup Agency’s recommendations for government support aim to unleash the full potential of the startup ecosystem in Austria.<br></p>
<p><br>Situated at the crossroads of Europe, Austria serves as a gateway to Western and Eastern markets, making it an ideal location for foreign talent. With initiatives like the Austria Golden Visa Program for immigration through investment, the country is well-positioned to leverage its strategic advantages for continued growth in the startup sector.<br></p>

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![people walking on pedestrian lane during daytime](https://images.unsplash.com/photo-1590253198910-1683b35ba5bf?q=80&w=1000&auto=format&fit=crop&ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D)
<br>Austria's startup economy is thriving in information technology, media, and life science, as well as creative industries. With the potential to become a leading European startup hub, Austria has seen success with unicorns such as GoStudent and Bitpanda, attracting global attention and interest from international investors. The country offers an investment-friendly tax system and a supportive network for entrepreneurs to acquire funding. The Ministry of Economics has taken steps to simplify the process of starting a new business through the New Companies Promotion Act (NeuFöG), while organizations like ABA-Invest in Austria actively promote the nation as a prime location for early stage funding and government backing.<br>
==read-more==
<br>Austria boasts a robust network of early-stage investors, incubators, accelerators, angels, and VCs, including Austrian StartUps, the Austrian Angel Investors Association, and the Austrian Venture Capital and Private Equity Organisation. Speedinvest, one of Europe's most active VCs, is based in Vienna, while funding sources like the Austrian Research Promotion Agency (FFG) and Austria Wirtschaftsservice (AWS) provide grants, guarantees, and subsidized loans. The Vienna Business Agency plays a crucial role in nurturing the Viennese startup ecosystem through initiatives like the Vienna Startup Package and [ViennaUp](https://viennaup.com/) event, elevating Austria's profile in the global startup landscape. <br>

  

<br>Recent efforts by the public sector to promote and brand the Austrian startup ecosystem have been encouraging, addressing previous shortcomings in marketing and missed opportunities. The Austrian Startup Agency's recommendations for government support aim to unleash the full potential of the startup ecosystem in Austria.<br>

  
<br>Situated at the crossroads of Europe, Austria serves as a gateway to Western and Eastern markets, making it an ideal location for foreign talent. With initiatives like the Austria Golden Visa Program for immigration through investment, the country is well-positioned to leverage its strategic advantages for continued growth in the startup sector.<br>

Storyblok

Tractive

Adverity

LimeWire

TourRadar

The country has some notable startup success stories including , Storyblok.

Austria has 7 cities in the
      top 1000 and has a vibrant startup scene that ranks  26th
      within the competitive global top 30.

Since 2024, Austria lost 1 spot
    in the Global Startup Ecosystem Index, having now positioned itself as 26th worldwide.

Austria’s startup ecosystem ranks 13th in Western Europe and 26th globally. Austria’s startups raised 5548179 US dollars on average. Find the most promising startups, unicorns, and notable exits in Austria.

Startup Ecosystem of Austria | Startupblink

Our startup ecosystem map for Austria includes a sample of 747
      tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations.

With a large variety of accelerator programs and initiatives, Austria's startup scene stands out from that of other countries in Western Europe. Austria offers a number of funding
opportunities for entrepreneurs and startups. Below is a list of some of Austria's most prominent support initiatives:

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

WADAAG TECHNOLOGIES

Sostec

FGS Bill Tracker

Zaad

Wadaag Investment

A growing regional and global startup leader 

bitget.com

AscendEX

DeBank

Trip.com

Viki

A vibrant and strong startup hub attracting international recognition and investment

Cámara de Comercio de Bogotá

Founder Institute (FI) Bogota

RockStart Latam 

Calle 127a # 53a-45

Carrera 19 # 100 - 45

WeWork

Toastmasters Bogota

Picap

Autolab

Cubbo

Rappi

Addi

Bold

Calle 26 # 92-32

Carrera 11B # 99 - 25

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 

MiraKle Lab

VentureSquare

TIPS

Staion Neo

Samseong Station II

Gangnam Station

Seoul Business Agency

SK Hynix

Toss Lab

AIV 

OP.GG

Bithumb

Fastfive Seocho 2

LocalStitch Yeongdeungpo

An innovative city with a global startup ecosystem

Nikkei

LIP. Yokohama (Life Innovation Platform Yokohama)

Project Ninja

THE BAYS

Hanzomon PREX North

Iceberg

Keio University, Hiyoshi Campus

RIKEN Yokohama Campus

YNU Yokohama National University

Locoguide

C Channel

note

PayPay

DM2C Studio

Timee

Regus - Tokyo, Kanda

OpenOffice - Tokyo, Nihonbashi Hakozaki (Open Office)

Regus - Tokyo, Ginza 3-Chome

One of the fastest growing ecosystems in Australia 

River City Labs

Buderim Meeting Rooms

The Boarding Office

INVEST Sunshine Coast

Delorean Project

Inform Ag

Coyo

NutWorks

Zitcha

Servatus

WOTSO

Inbox Workspace

A growing startup ecosystem owing to its workforce and industries.

Build2Scale Health

Queen's Startup Runway Incubation Program

Makerspace of Queen's University

Rose Innovation Hub

Queen’s University Rose Innovation Hub

Queen's Office of Partnerships and Innovation

Queen's University Smith School Of Business

Dunin-Deshpande Queen's Innovation Centre

Sparq Systems

FireRein

Green Graphite

IPG Photonics Canada

CMC Microsystems

Mosaic Manufacturing

Alon MedTech Ventures

Open Valley

Colab Square

Yokneam Municipality 

Startup Village Yokneam

Augmedics

ForSight Robotics

Rapid Medical

Chain Reaction

K2View

Pitch

From Service-Based to Product-Based Economy – Lessons from North Macedonia

Corporate Startup Activity Index 2025

The Impact of Government Support on Startups