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As a founder, you are constantly in need of financial means. Public funding by AWS (and especially grants) is a means to gain them in an early stage when neither banks nor business angles are willing to take the risk and provide them. In this session, we will give some hints about the requirements and the dos and don’ts to meet them.
The Austria Wirtschaftsservice Gesellschaft mbH (aws) is the Austrian federal promotional bank. By providing reduced interest loans, grants, and financial guarantees, AWS supports enterprises in the implementation of innovation projects, particularly if the necessary funds cannot be raised from other financing sources. Also, specific information, consultancy, assistance, and other services are offered to (pre-)start-ups as well as existing and expanding enterprises.
In the last 20 years Karl Biedermann has worked with voestalpine (an Austrian Steel corporation) and CSC (US Computer Sciences Corporation) with a focus on Industrial IT-Products/Services and B2B-Sales. With AWS, he advises, supports and funds hi-tec-startups as an investment manager for over 9 years now and is a member in several (Startup) funding decision boards in Austria. He holds a masters degrees in telecommunications, business administration and corporate communications.