GVI & PBO-OBS hold the license for "GVI Austria" and offer support to innovative startups worldwide in securing grants from the Austrian Government for their research and development (R&D) initiatives. Additionally, they assist these startups in exploring alternative financing avenues for their project development.

​

​The Austria Grants ecosystem is an ideal platform for entering the DACH Region, which encompasses Germany, Austria, Switzerland and Luxembourg - boasting a market size exceeding 100 million. There are more than 41 programs accessible to startups seeking funding, especially those in their early stages aiming to secure grants for the development of their inaugural products, such as AI solutions.

 

Our primary focus is on startups seeking a minimum of 3 million EUR in capital over a 3-year period, with an annual allocation of EUR 1 million specifically earmarked for research and development (R&D).

​

This strategy aims to simplify the fundraising process by utilizing public funds, particularly grants from the Austrian Government, to cover up to 70% of the project's financing requirements. This approach is designed to reduce risk for private investors, who will contribute the remaining 30% of the funds, designated for sales, marketing and go-to-market expenses. GVI & PBO-OBS are keen on playing a role in this process and assisting startups in attracting other private investors.

​

The main services and business activities offered for obtaining grants in Austria are as follows:

​

1. GVI & PBO-OBS Pre-Evaluation:

Our team of experts will thoroughly review all of the company's documentation and marketing materials, including the Business Plan and Pitch Deck, as an initial step to assess the venture's compatibility within the Austrian market and to determine why Austria might be a suitable entry point. The cost for this service is EUR 2.500 plus VAT.​

​

2. Business Connections:

If needed, GVI & PBO-OBS can leverage their extensive network to help startups find the right technology partners, universities or clients to enhance their chances of securing grants. The cost is EUR 1.000 (including VAT) plus a 7,5% commission on any revenue generated by the startup in connection with the clients introduced. (Optional)​

​

3.Funding Management:

Following the pre-evaluation and business connections phase, we will arrange a meeting with our Austrian strategic partner to determine whether to proceed to the funding management phase. During this phase, the company will sign a contract with the Austrian expert and pay EUR 2.040 (including VAT). 

Funding management services include screening for funding opportunities, preparing a funding plan, conducting workshops to develop a comprehensive project description, preparing the required documentation for funding agencies, submitting funding applications, providing guidance and support for project presentations, and offering support and pre-audit of interim reports and final accounts.

​

Application Start: Once the company initiates the application process, it will receive expert guidance and support. Consequently, the company should be able to secure EUR 6.000 from the Austrian governmental institution. Only upon successful disbursement of this grant will the customer incur a charge of EUR 4.500 (plus VAT).

​

1. Success Commission: 

The success commission for obtaining the grant amounts to 12,5% of the grant received by the company. This commission will be invoiced in conjunction with an appropriate grant agreement, participation agreement or loan agreement. Half of the performance fee is payable upon invoicing, with the remaining 50% due upon receipt of the initial funding tranche. The minimum success commission, or "floor," is established at EUR 30.000 (excluding VAT).​

​

2. Matching Fund:

To complement private capital from individual investors, the company will enter into a finder's agreement. 

​

3. Austrian Expert Agreement:

The startup company will enter into an agreement with an Austrian expert, who will guide it throughout the grant application process (as outlined in points 4-7).​

​

4. Subsidiary Formation:

Upon signing the grant agreement, the company is required to establish its subsidiary (GmbH) within three months.​

​

5. Subsidiary Establishment Costs:

The approximate cost of establishing the subsidiary company, inclusive of a EUR 5.000 capital deposit for company operations in Austria, is EUR 5.000, which will include accounting services for one year amount to EUR 300 per quarter and additional EUR 1.500 for the annual report.​

​

6. Joint Venture Option:

The startup company has the option to form a joint venture with Rea Kamberi Consulting GmbH (GVI Austria) for the representation and operation of the startup subsidiary within the Austrian ecosystem, subject to a separate agreement to be signed by the parties involved.