Глобальный индекс экосистем стартапов 2022

2022 | StartupBlink View the Global Startup Map p. 128 We would like to congratulate Wiener Neustadt for making its debut on the Index at 6th nationally, and 792nd globally. Startup Ecosystem Overview Austria's startup economy is focused on the fields of information technology, media, and life science as well as creative industries. We believe Austria has the potential to become a powerful European startup hub. The capital, Vienna, attracts many young people across Europe due to its quality of life, culture, and relatively sustainable cost of living compared to other Western European cities. Austria also offers entrepreneurs an investment friendly tax system and a support network for acquiring funding. For instance, the ministry of economics has been working to simplify the process of starting a new business by putting forward the socalled New Companies Promotion Act (NeuFöG). In addition, organizations such as ABA-Invest in Austria are doing a great job of promoting the nation as an ideal location for early stage funding and government support. Austria has a vast supporting network of early-stage investors, incubators, accelerators, angels, and VCs based in Austrian StartUps, the Austrian Angel Investors Association and the Austrian Venture Capital and Private Equity Organisation. One of Europe’s most active VCs, Speedinvest, is headquartered in the Austrian capital. The most important funding sources in Austria are the Austrian Research Promotion Agency (FFG) and Austria Wirtschaftsservice (AWS). They offer non-repayable grants, guarantees or subsidized loans. With such strong support for startups, it is no wonder that Austrian unicorns, GoStudent and Bitpanda, have attracted strong international attention, putting Austria on the map of international investors. All these recent public sector activities are welcomed, especially those focused on promotion and branding of the Austrian startup ecosystem. The previous approach of relying on “the product” of Austria’s R&D capabilities has lacked effective marketing, resulting in missed opportunities and substantial losses, such as the inability to continue the iconic Pioneers startup event in Vienna after 2019. Austria enjoys a central location in the heart of Europe where it can act as a bridge between numerous markets to the West (including Germany and Switzerland, which share a language) and the East (including Slovakia, Slovenia, and Croatia, all an hour away). In the future, we hope to see Austria better able to capitalize on such strategic advantages. Early stage Median round: $0.48M Medium and late stage Median round: $13.25M Startups Funding Share

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