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After four years, Austrian researchers and companies have succeeded in securing over €1bn in funding from Horizon 2020, the EU’s biggest research and innovation programme, according to an overview report released by the Austria Research Promotion Agency (FFG). Austria boasts a success rate of 18% in terms of participations, ranking second among EU countries and clearly ahead of the EU average of 15.4%.
With over 70% of the projects, nearly 60% of the participations and contributions allocated to Austria, the Vienna Region once again accounts for the lion’s share of the country’s EU funding. Furthermore, four of the top 5 Austrian players with a Horizon 2020 contract – the University of Vienna, the AIT Austrian Institute of Technology, TU Wien and the Institute of Science and Technology Austria- are located in the region.
The province of Burgenland boosted its participations and EU contributions by 79 % and 148% respectively, posting the highest increase in funding among all Austrian provinces compared to the 2018 report.
The Vienna Region features the highest density of multinational firms engaged in R&D in Austria and innovation intensity among its SMEs is significantly higher that the EU average. The focus lies on ICT, life sciences and future industries like e-mobility and renewable energy.
Photo: European Commission