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HOT SPOT FOR START-UPS
Around 20,000 companies are founded each year in the Vienna Region. The spirit of entrepreneurship is increasingly apparent in the large number of tech-based start-ups and those with international aspirations and high growth potential. A highly dynamic start-up-ecosystem has developed in recent years, encompassing flexible office space, business incubators, investors and business angels.
Austria is especially generous when it comes to attractive government subsidies to support entrepreneurs.
Prestigious events and competitions like the Pioneers tech conference are open forums for thought leaders, and help establish networks among Central and Eastern European business innovators.