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Lack of Venture Capital for Austrian Companies

Published: March 10, 2011; 01:15 · (Vindobona)

The Ministry of Economy considers providing funds for start-ups. The Israeli concept serves as a model.

Lack of Venture Capital for Austrian Companies / Picture: © Vindobona.org

The Austrian Ministry of Economy intends to take action against the by international standards weak furnished venture capital of domestic companies. In particular, financing in the first years of existence should be more accessible.

Because of the economic crisis, companies increasingly failed to use banks in their role as  lenders, becaue they became risk averse. With Basel…

This article includes a total of 266 words.

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