Question 1

How do I find out whether my development proposal is eligible for funding?

Accepted Answer

Your funding expert can tell you whether your development proposal meets the formal funding requirements during a consultation.Manuela Knobloch, Delyana Stoeva, and Manuela Schein provide consultations on Vienna Quality of Life Funding.

Question 2

What's the procedure for obtaining Vienna Quality of Life Funding?

Accepted Answer

To receive funding, you will need to submit a funding application. Consult with your funding expert to get the information you need, submit your application online, and – this is important – don't make any investments until after you've submitted a complete application. This is because the Vienna Business Agency only provides funding to projects that start after the application has been submitted.

Question 3

Who is eligible?

Accepted Answer

Existing companies and founders from all business sectors that either have or are planning a development proposal in Vienna are eligible for Vienna Quality of Life Funding. We place a particular focus on health, education, employment, climate action, the environment, diversity, social cooperation, and integration.

Question 4

What is funded?

Accepted Answer

We provide Vienna Quality of Life Funding to help cover payroll costs, consultation and professional development costs, tangible and intangible investment costs, costs for prototype construction, and for structural modifications. Funding must not be used to finance the costs of your normal business operations. Make the cost calculation for your development proposal as detailed as possible.

Question 5

When do I find out whether my development proposal will be funded?

Accepted Answer

The decision is made by a jury based on well-defined assessment criteria. Generally, it takes around three months to find out whether your development proposal will receive funding.

Question 6

What is the maximum amount of Vienna Quality of Life Funding that I can receive?

Accepted Answer

You can be awarded a maximum of 150,000 euros per development proposal. Ask your funding expert about the funding details before you submit your application.

Question 7

What is the minimum value my development proposal must have to qualify for funding?

Accepted Answer

Your project must be worth at least 20,000 euros to qualify for Vienna Quality of Life Funding.

Question 8

What is a funding rate?

Accepted Answer

The funding rate is the percentage of your development proposal's eligible costs that will be funded. The funding rate varies depending on the type of funding. To give you an example: If the funding rate is 50% and we recognise 100,000 euros as your project costs, the Vienna Business Agency will pay 50,000 euros. The maximum funding rate for Vienna Quality of Life Funding is 50%.

Question 9

Where do I submit an application for Vienna Quality of Life Funding?

Accepted Answer

You can submit your funding application through our online portal – it's convenient and always available. To do so, you must register on our website and create a profile. In your profile, select "My submissions" and "New application". Funding accounts will also be settled via our online system.

Question 10

What documents do I need to apply for Vienna Quality of Life Funding?

Accepted Answer

You are required to submit a duly completed funding application along with an application confirmation certifying that the information you have provided is true and accurate. Our online system automatically generates this application confirmation as soon as you have finished completing the application form. You will also be required to provide a de minimis declaration, your latest financial statements, and/or an income statement.

Question 11

What is a partnership application, and can partnership applications be submitted for Vienna Quality

Accepted Answer

Yes, partnership applications are possible. A partnership submission happens when two companies or a company and an organisation team up to submit a joint funding application. The lead company submitting the application is responsible for allocating the respective share of the funding amount granted to its partners.

Question 12

What is a submission deadline?

Accepted Answer

You can apply for Vienna Quality of Life Funding anytime – we accept applications on an ongoing basis. If you complete the entire application form and submit it by the submission deadline, it will be processed by that deadline. If you do not manage to complete your application form by a certain deadline, your application will only be processed after the next deadline. In this programme, there is a submission deadline once every four months.

Maximum funding amount per project:	150,000 euros per project
Funding rate:	maximum 50%
Minimum project value:	20,000 euros
Bonus:	Women's bonus: 5,000 euros. Startup bonus: 5,000 euros. The women's bonus is awarded if your development proposal is managed by a woman with the necessary qualifications. If a new company is founded as part of the development proposal, we'll also pay a startup bonus.
Who is eligible?	Small and medium-sized enterprises, as well as founders. In addition to companies, we also provide funding to Vienna-based associations and organisations in the social, research, and educational sectors as partners.
Business sectors:	All business sectors.
Eligible costs:	Payroll costs, consultation and development costs, investment costs for new machines and equipment, prototype construction costs as well as costs for structural modifications.
Upfront payment:	Up to a maximum of 50% of the approved funding amount can be paid up front. Don't forget your biannual progress report on your development proposal.
Maximum project duration:	2 years
Assessment:	An independent jury will assess your submission and provide a recommendation for your development proposal's funding.
Documents for your application to receive Vienna Quality of Life Funding:	A duly completed online funding application, an application confirmation, a de minimis declaration, your latest annual financial statements, and/or an income statement.
Legal basis under European state aid law:	De-minimis

Vienna Quality of Life Funding

What is funded?

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Facts about Vienna Quality of Life Funding

Typical steps when applying for Vienna Quality of Life funding

Questions and answers related to Vienna Quality of Life Funding

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