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"KMU.E-Commerce" - digitization funding: Grant for Austrian companies of up to EUR 30,000. The application deadline ends on 15.11.2020 - First come, first serve.

Trade is changing. Depending on the range of goods, location and intensity of advice, brick-and-mortar retail still continues to enjoy great popularity in the classic “business”: shopping in the “first world”. In addition, there are combination models of stationary and online trading as well as classic e-commerce on the internet, with mobile commerce (m-commerce) gaining ground worldwide.

With the funding program "KMU.E-Commerce", the Federal Ministry for Digital and Economic Affairs wants to open up the great potential of sales and marketing opportunities for Austrian small and medium-sized enterprises (commercial enterprises and liberal professions) that digitalization offers. This is intended to improve the competitiveness of these companies and provide important growth and employment impulses for Austria as a business location.

The subject of the funding is the implementation of e-commerce projects through new investments as well as related services from external providers (e.g. programming activities, (cloud) software licenses, complete service packages, m-commerce optimization) that are implemented in a permanent establishment in Austria.

The funding amounts to a maximum of 30% of the eligible costs defined in the funding guidelines. The maximum grant is EUR 30,000. Projects with eligible costs of at least EUR 2,000 to a maximum of EUR 100,000 (excluding VAT) can be funded. Funding applications can be submitted from 9/8/2020 to 11/15/2020 at the latest via “aws funding manager”. The prerequisite is that no costs or invoices have been incurred or submitted before the recognition date, which is the date on which the application was submitted. All details can be found in the "KMU.E-Commerce Funding Guideline". Our Austria-wide consultants at LBG will be happy to support you in all related questions, investment calculation, financing, tax, and accounting law issues as well as in setting up your e-commerce.

September 14th, 2020 I LBG

Contact & Advice: This information naturally shows basic aspects of the topic - for completeness and correctness no guarantee can be given despite careful preparation. LBG will gladly advise you in your individual situation. Please contact one of our 31 Austria-wide locations (www.lbg.at) or welcome@lbg.at - we will gladly bring you together with one of our experts, who is very familiar with your request.