• In 2002 & 2003: 7 - 7,5 M€ (including clusters). For 2004 this trend is likely to be confirmed.
• Tendency: more projects for the same envelope. Up to 50% made available as a combination of grants and loans. In some regions possibilities for receiving additional grants of 10%.

Two funding bodies:

Austrian Industrial Research Fund (FFW)

• For projects with an economical focus, return on investment for Austria is a prerequisite.
• Industries & SMEs; Academia not excluded (the best is that Academia are partner WITH a company.

Austrian Science Fund (FWF)

• For projects with an scientific focus, more focused basic research
• Universities and Research institutes; Industries and SMEs not excluded.

• National Application Form in German or English (can be based on the ITEA 2 Full Project Proposal)
• The ITEA 2 Full Project Proposal may be joined to the application.
   

Austrian Industrial Research Fund (FFW)

• duration for evaluation: approx. 3 months
  success rate: high
• (in 2004, 91% of the applications were funded with a mix of loan and grant equivalent to approx. 22% grant)
   

Austrian Industrial Research Fund (FFW)

• duration of evaluation: 6 - 10 months
• success rate: low; basic research oriented