Upper Austrian Hightech Fund

The OÖ HightechFund (Upper Austrian Hightech Fund) has been an available tool for Upper Austria in support of innovative high-tech founders during their start-up phases. It allows them to develop their full potential. The OÖ HightechFund receives funds from the Economic Department of Upper Austria’s Provincial Government and Upper Austrian banks as well as EFRE funds from the European Union. The Fund is intended to provide start-up financing for innovative founders, but it is also available for established Upper Austrian small and medium-sized businesses who want to market their own high-tech developments.

Depending on the phase of development of a company, the Fund may participate in companies either in the form of an atypical silent share or directly by providing equity capital with an amount between 250,000 and 1.5 million Euros. This ensures that the companies are able to operate on a sound financial basis and that they can fully concentrate on their technical areas of competence.

The OÖ HightechFund was initiated by tech2b. Tech2b supports the operative preparation, the phase of due diligence and the investment management of start-ups for the Fund.

Web: www.hightechFonds.at