Factsheet: Austrian economic service (AWS)

Austrian economic service (AWS)

Key Information
Full name of Instrument & Measure (English): 
Austrian Economic Service (AWS)
Full name of Instrument & Measure (native language): 
Österr. Wirtschaftsservice
Description: 
AWS as economic development bank of the Federal State supports enterprises with low-interest erp-credits, subsidies, liabilities and guarantees to finance and support projects. In addition, AWS provides information and know-how as well as consultancy and services. Its offer ranges from the phase of (pre-) establishment of an enterprise to internationalisation undertakings. The tasks of AWS are separated in 3 main areas: 1) Business area "loans and grants" 2) Business area „guarantees/awards“ 3) Business area “Technology and Innovation”
Goal/Aim: 
support the Austrian economy by tailor-made support programmes to contribute to growth and employment

Sector/Topic targeted:

Responsible Authority: 
Federal Ministry of Science, Research and Economy / Bundesministerium für Wissenschaft, Forschung und Wirtschaft

Status: