aws Growth

aws Growth (aws Wachstumsinvestition) is an Austrian startup grant program that provides €300,000 to €400,000 in non-repayable funding to companies working on innovation projects aimed at strengthening their market position. The grants are disbursed in phases over a maximum two-year project period and are administered by Austria Wirtschaftsservice (aws), the country's national promotional bank for businesses.

aws Growth investment (aws Wachstumsinvestition) is another of Austria’s top startup grants. It’s also another of aws’ grant programs that support innovation projects.

Yet, unlike Creative Impact, Growth investment is specifically aimed at projects that focus on strengthening a company’s market position.

Successful applicants receive on average anywhere between €300,000 to €400,000 non-repayable grant funding, to be disbursed in phases, over the life of the project (2 years maximum).

The type of costs eligible to be covered by the grant include: machinery, prototypes, technical equipment and other material and equipment investment. Therefore, it’s important to note that Growth investment doesn’t cover any overheads, nor salaries and other subcontractor fees.