Post by AustrianStartups
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🇦🇹The Austrian Government just committed up to €100M to the Startup & Scaleup Fund. Hard Facts: 👉 €100M public anchor capital 👉 around €1 public to €4 private leverage 👉 First investments expected in 2027 This is a great signal. The fund is now anchored in both the government program and the Industriestrategie Österreich 2035. Next steps: international search for a professional fund manager, operational setup at aws, and getting private institutional investors, pension funds, insurers, banks, to come in alongside the public anchor. The funding gap at growth stage is real, and this is a meaningful step towards closing it.