The Austrian Research Promotion Agency (FFG) is the national funding agency for industrial research and development in Austria. FFG funding schemes play an important role in generating new knowledge, developing new products and services, and enhancing competitiveness in the global marketplace. They make it easier, or possible, to finance research and innovation projects, and help to absorb the risks involved in research. The FFG supports international networking and encourages careers in science
Services:The tasks of the FFG are stipulated follows: To manage and finance research projects in the business and science sectors, impulse programmes for the economy and research facilities, and networks fostering cooperation between science and industry. To manage cooperative programmes and projects with the EU and other European and international partners. To provide consultation and support to intensify Austria"s involvement in European programmes.