breadcrumb.ecName
en English

Investments in Growth and Employment Austria 2014-2020 - Operational Programme for the use of the ERDF funds

Programme description

Main Objectives

The Operational Programme contributes to the achievement of certain elements of the Europe 2020 strategy in Austria. In particular EU funds are used to increase innovation and research and development activities in small and medium-sized enterprises, including technology transfer and investment in certain R&D infrastructure. The programme also supports SMEs in promoting their competitiveness through investments in innovation, energy efficiency and the use of renewable energies. In certain urban areas the programme supports C02 reduction strategies and integrated sustainable development, and in certain other functional urban areas, cooperation and efficient use of resources, including Community Led Local Development in Tyrol as a pilot region. Overall, the programme is to a very high degree (more than 80%) focussed on 3 main areas:

  • Research, development and innovation,
  • Competitiveness of SME      
  • Transition towards a low carbon economy

 

An amount of EUR 3 million will be allocated to Financial Instruments for supporting young innovative technology-oriented enterprises in Upper Austria.

Funding priorities

The Programme will focus on four main priorities: 

  • Increase the number of innovative SMEs
  • Improve SMEs' competitiveness
  • Increase energy and resource efficiency in SMEs
  • Sustainable integrated urban development

Main expected results, by 2023:

  • Increase of R&D jobs in enterprises (+5%), and the number of employees in technology centres (+10%)
  • Increase of number of innovative (+3%) and 'frontrunner' enterprises (+5-8%)
  • Increase of start-ups and new enterprises in technology-oriented and knowledge-intensive sectors (+3% p.a.)
  • Increase of number of growing enterprises (+5% p.a.) and employment in production, knowledge-intensive services and tourism
  • Increase of energy efficiency (+5% p.a.) and rise of share in use of renewable energies by SMEs (from 9.8% to 12-13%)

Funds

Regional Development Fund (ERDF): 693.957.603,00 €

Thematic priorities

View the data

Financial information

Total OP budget: 2.574.672.437,00 €

Total EU contribution: 693.957.603,00 €

View the data