24 million in funding
Fresh impetus for business location
The state provided 24.1 million euros in business development funding this year. An investment volume of 178 million euros was triggered.
According to Provincial Councillor Leonhard Schneemann (SPÖ), the province and the Business Agency thus provided decisive impetus for the further development of the domestic business location: "This has been more than successful in recent years." Targeted and effective economic policy stimuli coupled with European Union funding are having an impact. According to Schneemann, one third of the investments triggered by this are in the tourism sector and two thirds in the commercial sector.
"Burgenland Digital"
One of the Burgenland Business Agency's funding measures was "Burgenland Digital", which supported companies' digitalization measures. Due to the high demand, the €1 million pot was already exhausted in June 2024, which is why there will be follow-up funding from 1 January. "Building on the federal 'SME Digital' campaign, we are doubling the amount of federal funding paid out," explains Michael Gerbavsits, Managing Director of the Business Agency.
New online portal
In future, funding applications can also be submitted online, which should make it easier for companies and speed up the processing process. "Compared to conventional paper-based processes, the portal saves a considerable amount of time," explains Deputy Head of Department Katrin Blaha-Buranich.
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