US Edition215 Million Euros: Federal Government Announces Support for Industry
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The Federal Government wants to press ahead with the transformation of industry. For this purpose, the Ministry of Economic Affairs and Infrastructure will jointly fund 215 million euros. 115 million euros will be channelled into the "transformation of industry" within the framework of a funding call. Another 100 million euros will be provided as direct investment subsidies – this will also attract large international companies to Austria.
LINZ. From the end of the week, Austria's investment and research promotion company can apply for EUR 215 million in order to improve its competitiveness.
vienna.at
ORF.at NewsThe Ministry of Infrastructure is providing a total of €115 million for the "Transformation of Industry" research initiative this year and in 2026, with the Ministry of Economic Affairs providing an additional €100 million in direct investment funding for this area. Infrastructure Minister Peter Hanke (SPÖ), Economics Minister Wolfgang Hattmannsdorfer (ÖVP), and State Secretary Josef Schellhorn (NEOS) announced this at a press conference in Linz…
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