Investment Subsidy Program Gets Extended

More+Work & Careers ♦ Published: January 25, 2021; 21:15 ♦ (Vindobona)

The Austrian government has announced an extension of the investment period for which subsidies will be granted. The high demand for the subsidy shows that many companies are hoping for a quick recovery from the current pandemic, which secures important jobs and strengthens Austria as a business location.

Austria's Minister of Economic Affairs, Margarete Schramböck, sees the investment subsidy as "an important impulse for the business location." / Picture: © BMDW Federal Ministry for Digital and Economic Affairs / ABA Austrian Business Agency,

With the investment subsidy, the federal government has launched an impulse program following the liquidity support measures to strengthen the resilience and competitiveness of Austrian companies through investment.

Recently, a further relief for companies was set in motion. …