Direct subsidies for Austrian companies
Since 2009, in the course of their internationalization campaign "go-international", the Austrian Federal Economic Chamber and the Federal Ministry of Science, Research and Economy offer direct subsidies for Austrian companies. With these direct subsidies, go-international supports the education and training of staff of the Austrian branch offices abroad as well. Investments in education and training increase the loyalty of local staff to their mother company and their identification with the business location Austria. And what is more, well trained employees are the key factor for competitiveness.
Funding of education and training programmes
The funding of education and training programs for Austrian branch offices abroad amounts up to 50% of total expenses (EUR 24,000). The maximum amount of subsidies is currently set at EUR 12,000 per Austrian company. Branch offices in Europe can invoice the maximum of EUR 600 per training participant.
Attention should be paid to the fact that Austrian education know-how at events abroad or of trainers abroad respectively has to be provided by well-known education and training partners like the WIFI-Partners abroad.
Only applications submitted in advance will be subsidized. The applications will only be accepted until 31 December, 2018, the training activities have to be finished by 31 March, 2019 at the latest.
As experience teaches, due to the high number of submitted applications, the "go international" direct subsidies will run out far earlier than in the deadline set. Therefore, we recommend to submit the application in good time.
Detailed information: "go international"
Further, detailed information regarding direct subsidies of "go international" as well as all necessary forms can be obtained from the following internet-address, only in German language: Weiterbildung, Weiterbildungsprogramm Ausland 3.4.2.