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Entrepreneurship in Austria
Entrepreneurship in Austria
Entrepreneurship in Austria
Austria offers a thriving environment for startups, blending a strong economy with excellent infrastructure and access to European markets. The country is known for its innovation-driven approach, particularly in deep tech, life sciences, and sustainable industries. Austria’s government actively supports entrepreneurs through funding programs, tax incentives, and business-friendly regulations. Vienna, in particular, has emerged as a major startup hub, attracting international talent with its high quality of life and strategic location in Central Europe. Other cities like Graz and Linz also foster vibrant startup ecosystems, offering access to incubators, accelerators, and investor networks. With strong academic institutions fueling research and innovation, Austria provides an ideal foundation for startups looking to launch and expand in the European market.
Austria offers a thriving environment for startups, blending a strong economy with excellent infrastructure and access to European markets. The country is known for its innovation-driven approach, particularly in deep tech, life sciences, and sustainable industries. Austria’s government actively supports entrepreneurs through funding programs, tax incentives, and business-friendly regulations. Vienna, in particular, has emerged as a major startup hub, attracting international talent with its high quality of life and strategic location in Central Europe. Other cities like Graz and Linz also foster vibrant startup ecosystems, offering access to incubators, accelerators, and investor networks. With strong academic institutions fueling research and innovation, Austria provides an ideal foundation for startups looking to launch and expand in the European market.
Austria founders in numbers
The cofounder landscape in Austria shows key patterns in startup activity and founder backgrounds. Among entrepreneurs in this region, 56% are exploring startup ideas, while 44% have committed to specific ventures. This mix of early-stage ideation and established projects shapes the Austria startup community. Demographic insights about Austria cofounders reveal a median age of 28.5, with an average of 33.2. The 25-32 age group makes up 39% of cofounders in Austria. These age groups bring varied experience levels to the Austria cofounder network. Skills and expertise among Austria cofounders show 55% with technical backgrounds in engineering and technology fields, while 45% bring business expertise in marketing, operations, and product management. This blend of abilities enriches the Austria startup ecosystem and creates potential matching opportunities. Popular industries for Austria cofounders include Community Development, Jewelry, Medical Devices and Consulting. Many cofounders in Austria also speak multiple languages, adding global perspectives to the local startup scene.
Commitment Type
More than (56%) of Foundersbase founders in Austria, are exploring startup ideas, while (44%) are committed to an idea.
Age
The median age of Foundersbase founders in Austria is 28.5, while the average is age 33.2 with a maximum in the group of founders aging 25-32.
Type of Founder
About (55%) of Foundersbase founders in Austria are technical (Engineering, AI/ML), while (45%) are non-technical (Product, Marketing, Operations).
Top industry interests
Discover the industries that Foundersbase founders in Austria are most passionate about.
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