Vienna combines old-world charm with new business energy. The Austrian capital offers a growing startup scene built on the city's strengths in music, art, and science. With strong government support, excellent quality of life, and a central location in Europe, Vienna has become attractive for founders looking to build innovative companies.
This guide explores the leading accelerators and incubators shaping Vienna's evolving startup landscape. These programs support domestic and international startups seeking to establish themselves in the Austrian market.
Target Audience: Research and technology startups
Niche: Tech commercialization
INiTS is Vienna's leading high-tech incubator, helping researchers turn their ideas into businesses. It provides up to €100,000 in funding without taking control of your company. It offers programs like START:IP that help bring new technologies to market. It also gives startups consulting, training, and connections to grow their business.
Target Audience: Social impact entrepreneurs
Niche: Social innovation
Impact Hub Vienna is part of a global network that helps startups focused on solving social problems. It provides mentorship from experts who understand both business and social impact. It offers workshops, networking events, and programs for different industries. It also connects founders with like-minded entrepreneurs and resources.
Target Audience: Tech startups looking for corporate partners
Niche: Corporate connections
weXelerate is one of Europe's largest multi-corporate accelerators based in Vienna. It focuses on startups in AI, robotics, big data, and other tech fields. It provides free office space for four months and doesn't take any ownership in your company. It also offers mentorship and connections to large corporations looking for new innovations.
Target Audience: Financial technology startups
Niche: Banking innovation
Elevator Lab is a program Raiffeisen Bank runs to help fintech startups grow. It runs a four-month accelerator that connects startups with banking experts and potential customers. It offers mentorship from financial professionals who understand the banking industry and provides opportunities to work with one of Central Europe's largest banking groups.
Target Audience: Women-led startups
Niche: Gender diversity in entrepreneurship
Grow F is a three-month program designed specifically for companies with diverse founding teams. It provides up to €50,000 in funding to help these startups grow. The program offers hands-on workshops and direct access to venture capital networks. It also creates opportunities for women entrepreneurs in the European startup scene.
Target Audience: Healthcare startups
Niche: Medical innovation
Health Hub Vienna is a specialized program supporting innovations in healthcare and medicine. It connects startups with major healthcare companies like AstraZeneca and Novartis. Rather than traditional investment, it offers paid contracts with corporate partners. It also provides expert guidance on navigating the complex healthcare industry.
Target Audience: Technology entrepreneurs
Niche: Tech startup development
Tech2b is an incubator that helps technology startups in their early stages. It provides training programs and personalized guidance from experienced mentors. It offers free office space where founders can work and collaborate. It also connects startups with potential investors who can help them grow.
Target Audience: Technology-based startups
Niche: Science commercialization
Science Park Graz is a program supporting startups based on scientific and technical innovations. It provides structured programs with regular workshops and mentoring sessions. It offers opportunities for both public funding and private investment. It also helps founders turn complex technical ideas into viable businesses.
Target Audience: Legal technology startups
Niche: Legal innovation
Legal Tech Hub Vienna is a specialized accelerator for startups creating new technologies for the legal industry. It runs an 8-week "Fast Track" program to help legal tech companies grow quickly. It provides mentorship from over 500 legal experts who understand the industry and creates connections between startups and law firms looking for new solutions.
Target Audience: Agricultural technology startups
Niche: Farming innovation
Agro Innovation Lab is a program that supports startups developing new farming and food technologies. It provides mentorship from experts who understand the agricultural industry and its challenges. It offers networking opportunities with farmers, food producers, and industry leaders. It also helps startups test and implement their solutions in real agricultural settings.
Target Audience: Early-stage startups
Niche: Government-backed support
aws First Incubator is a government-supported program helping startups in their beginning stages. It provides monthly payments to cover staff costs and grants for project expenses. It offers workshops and mentoring to help with common startup challenges. It also creates pathways to additional government support programs.
Target Audience: AI startups
Niche: Artificial intelligence
Elevate is a four-month incubator program specifically for artificial intelligence startups. It provides €5,000 in initial funding with opportunities for additional investment. It offers coworking space and regular workshops on AI business development. It also organizes networking events that connect AI startups with potential partners.
Target Audience: Tyrol region startups
Niche: Regional innovation
Startup.Tirol is a support program for tech startups in the Tyrol region near Vienna. It offers tailored mentorship that addresses the specific needs of each startup. It provides business plan development sessions with experienced advisors. It also creates networking opportunities within the regional business community.
Target Audience: Vienna-based entrepreneurs
Niche: Local business development
Vienna Business Agency is the city's main organization supporting startup development. It provides grants of up to €500,000 for innovative projects in various industries. It also offers mentoring programs, office space, and business development resources. It helps startups access international markets and expand beyond Austria.
Target Audience: Early-stage founders
Niche: Pitch events and networking
Startup Live Vienna organizes events where new startups can present their ideas to investors. It provides a platform for founders to receive feedback from industry experts. It offers mentorship during intensive weekend programs focused on business development. It also helps create connections that can lead to partnerships and investment.
Target Audience: Environmental technology startups
Niche: Sustainable innovation
Green Tech Cluster is a program supporting startups focused on environmental and sustainability solutions. It connects green technology startups with established companies in the environmental sector, offers resources for developing and implementing sustainable technologies, and helps founders access funding for climate-friendly innovations.
Target Audience: Hardware and manufacturing startups
Niche: Industrial innovation
Industry Meets Makers is a program connecting innovative startups with traditional manufacturing companies. It helps bridge the gap between new digital ideas and established industrial expertise. It offers opportunities to develop prototypes with the help of manufacturing partners and creates pathways for implementing new technologies in industrial settings.
Target Audience: Austria's startup community
Niche: Ecosystem development
AustrianStartups is a community platform supporting the development of Vienna's startup ecosystem. It provides resources, events, and networking opportunities for entrepreneurs across the country. It offers guidance on navigating Austria's business landscape and funding options. It also works to improve conditions for startups through advocacy and education.
Target Audience: Early-stage tech startups
Niche: Technology investment
Pioneers Ventures is a venture fund and accelerator that supports promising early-stage tech companies. It invests between €100,000 and €500,000 in selected startups. It also offers mentorship from successful entrepreneurs and industry experts and connects founders with a global network of technology partners and investors.
Vienna's uniqueness lies in its blend of traditional strengths with new innovation. The city's deep history in music, art, science, and medicine creates unique opportunities for startups in creative industries, life sciences, and cultural technology.
The startup support system in Vienna is particularly well organized, with clear paths for different types of companies. From government grants to corporate partnerships, entrepreneurs can find the right kind of help for their specific needs. The city also benefits from Austria's stable economy and social system, which provides a solid foundation for building new businesses.
As Vienna continues to grow as a startup hub, it's creating its own approach to innovation that values sustainability, cultural richness, and long-term thinking. For founders looking for an alternative to the high-pressure environments of other tech hubs, Vienna offers a place where startups can grow at a healthy pace while maintaining the quality of life that makes entrepreneurship worthwhile.
Read product articles, guides, and tips from industry experts to help you build, operate and grow your accelerator and incubator.
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Paris
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Mexico
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Riyadh
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Toronto
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San Francisco
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New York
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Boston
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Brussels
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Los Angeles
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London
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Madrid
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Cairo
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Austin
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Sydney
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Stockholm
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Berlin
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Bangalore
Bangalore, often said to be India's Silicon Valley, is a booming startup hub, brimming with unparalleled enthusiasm, innovative ideas, and entrepreneurial energy, propelling the city and India to the global entrepreneurial stage. The city is home to many incubators and accelerators that nurture early-stage startups, serving as launchpads for tomorrow's unicorns and industry game-changers.
Seoul
Seoul has emerged as one of Asia's most dynamic startup ecosystems, combining technological innovation with strong government support and corporate engagement. The city's startup landscape benefits from South Korea's advanced digital infrastructure and innovative culture, making it an attractive destination for entrepreneurs across Asia and beyond.
Amsterdam
Amsterdam has established itself as one of Europe's most vibrant startup ecosystems, combining Dutch innovation with international entrepreneurship
Zurich
Zurich is known as Switzerland's premier innovation hub. It combines world-class technical universities, strong financial infrastructure, and a growing entrepreneurial ecosystem.
Tokyo
Tokyo, Japan's bustling capital, has emerged as a significant player in the global startup ecosystem. Combining traditional corporate strength with innovative entrepreneurship, the city offers unique opportunities for startups looking to leverage Japan's technological prowess and market potential.
Vancouver
Vancouver has established itself as Canada's West Coast innovation hub, combining strong academic institutions, a thriving tech sector, and a commitment to sustainability.
Seattle
Seattle has become the leading innovation hub in the Pacific Northwest, leveraging the region's robust technology base, ample venture capital, and its close proximity to both Asian markets and Silicon Valley.
Kuala Lumpur
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Copenhagen
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Bangkok
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Melbourne
The city's entrepreneurial scene has exploded in recent years, transforming from a handful of co-working spaces to a robust ecosystem where founders can find support at every stage of their journey.
Buenos Aires
Buenos Aires booms with entrepreneurial energy that's as bold and passionate as the tango that was born in its streets. Argentina's bustling capital has emerged as Latin America's creative startup hub, blending European influence with South American resourcefulness.
Lisbon
Lisbon has grown from a hidden gem of Southern Europe into one of the continent's most vibrant startup hubs. With affordable living costs, a growing talent pool, and a government eager to support the tech sector, Lisbon has become the sunny alternative to Europe's more established startup cities.
Johannesburg
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Munich
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Vienna
Vienna combines old-world charm with new business energy. The Austrian capital offers a growing startup scene built on the city's strengths in music, art, and science.
Istanbul
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Montreal
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Miami
With year-round sunshine, no state income tax, and a welcoming attitude toward entrepreneurs, Miami has attracted founders from across the US and Latin America.
Milan
Milan's startup scene is growing fast, with strong support from universities, banks, and the local government, making it the best place in Italy to start a new business.
Helsinki
Helsinki isn't just about saunas, design, and endless summer days. It's quietly become one of Europe's most dynamic startup ecosystems. Finland's capital has transformed from Nokia's hometown into a breeding ground for tech unicorns like Supercell and Wolt.
Dublin
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Lagos
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Singapore
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Chicago
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