The Austrian Research Promotion Agency (FFG) is the national funding institution for applied research and development in Austria.
The FFG offers a comprehensive spectrum of services for Austrian enterprises, research institutions and researchers, ranging from the management of public funding programmes to consulting services in all phases of technology development and innovation, from support for integration into European research programmes and networks to the promotion of Austria’s interests at the European and the international level.
The FFG is an important partner for life sciences in Austria, supporting universities, non-university research institutes and companies. Every year, an average of between ten and fifteen percent of FFG funding is spent on projects in this promising field. Relevant European and international programmes include in particular the EU Framework Programme (currently FP7, to be followed by Horizon 2020) and e.g. ERA-Nets and Joint Technology Initiatives.
Austria Wirtschaftsservice – aws
Life Science Austria
As the Austrian government promotional bank, austria wirtschaftsservice (aws) is fulfilling the task of supporting Austria’s economy by funding companies and know-how transfer. The state-owned bank is particularly funding small and medium sized companies through guarantees, favorable credits, equity and other financial support. The aim of aws is to promote the setting-up of new companies, the growth of existing ones, regional development and the implementation
of innovation and technologies. Our mandate is to offer a broad range of company-related investments assistance programs, services and financing – from the pre-set up to the expansion and internationalization stages.
aws LISA – Life Science Austria
The most innovative ideas in life sciences only make a difference once they have survived the journey from the laboratory bench to commercial launch. With aws LISA – Life Science Austria (LISA), austria wirtschaftsservice (aws), the Austrian government promotional bank, created a one-stop-shop support programme serving the whole value chain of a life science start-up. Comprised of four pillars – Foster, Finance, Fuel and Advance – LISA provides tailor-made support measures for every stage of development.