WAD: FFG is the national funding agency for industrial research and development in Austria. Which services does FFG provide exactly?​
FFG: The Austrian Research Promotion Agency (FFG) is the national funding agency for industrial research and development in Austria. As a “one-stop shop” offering a diversified and targeted programme portfolio, the FFG gives Austrian businesses and research facilities quick and uncomplicated access to research funding. The FFG is wholly owned by the Republic of Austria, represented by the Federal Ministry for Transport, Innovation and Technology (bmvit) and the Federal Ministry of Science, Research and Economy (BMWFW). As a provider of funding services, however, the FFG also works for other national and international institutions. The FFG provides startup support to high-tech company founders through specific programs and company founder funds and represents Austria’s interests at relevant European and international institutions on behalf of the Austrian government. The purpose of the FFG is to promote research, technology, development and innovation for the benefit of Austria.
WAD: What is the current state of the Austrian business landscape regarding research and innovation? Where does Austria excel at and where do you see room for improvement? ​
FFG: Austria is a so called “Strong Innovator” and has already reached second place in the European Union in regard to R&D rates. All FFG activities aim to strengthen Austria as a research and innovation centre on the global market and thus help to ensure the long-term availability of high quality jobs and maintain the prosperity of one of the world’s wealthiest countries. To improve public awareness of the importance of R&D and to inspire the startup-scene in Austria might be an area to build up.
WAD: Tell us about FFG’s Startup Funding initiative. What are the main goals of this programme and how is FFG supporting startups?​
FFG: Startup Funding addresses newly established, technology-driven and innovative businesses. The aim is to improve the way how projects are financed and to increase the number of startups in the high-tech sector. Individual projects from research and development are promoted without favoring or restricting support to any particular field of technology. Firms from all branches and industrial sectors are invited to submit grant applications for research and development projects. This FFG funding initiative is designed to support young innovative businesses from their initial idea right through to market launch and production. Co-operation with Austrian provincial governments makes the submission process easier by a joint application. All of this helps to create an excellent environment for startup entrepreneurs.
WAD: Any advice for Austrian startups looking to obtain a grant from FFG?​
FFG: At the heart of any successful business venture is a good idea. Describe it, get into contact with our funding-experts and find out more about the possibilities! There is also a 24-hour quick check for funding requests. www.ffg.at/quickcheck . The FFG provides startup support to high-tech company founders through specific programs.
WAD: Can you tell us something about the Global Incubator Network and the role of FFG in this network?
FFG: GIN CONNECTS. The Global Incubator Network (GIN) is the single point of contact for startups, investors and incubators interested in the Austrian and the European markets respectively. With great expertise in the Austrian startup ecosystem, GIN offers exciting services tailored to fit your individual needs. GIN is providing access to selected targets and an international network of key players in innovation and finance. The Global Incubator Network (GIN) supports startups in expanding their business internationally. GIN connects startups with experts and investors. We offer opportunities to meet like-minded people to share ideas and experiences. Gain valuable insights, get access to our tailor-made expert program and explore various incentives. GIN is a flagship program, initiated by the Austrian government and coordinated by the Austrian Research Promotion Agency FFG and the Austria Wirtschaftsservice AWS.

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