Management Support Offered By The Province : Technology in Salzburg
Management Support Offered By The Province : Technology in Salzburg
In the most sensitive phase of an enterprise - setting up the company - a partner who can share the entrepreneurial risk is of decisive importance. Seed financing sees itself as this partner for technology oriented enterprises, where high production, service and procedural expertise require the relevant support. The seed financing programme is specially tailored for financing the costs of opening up markets as well as for management support.
Criteria such as the growth potential of the enterprise, technology, quality of the enterprise management as well as market potential are of decisive importance when making investment decisions. The starting capital is provided in the form of risk capital, the usual securities are not required. Repayment occurs solely in the form of shares in future enterprise profits. The upper limit for financial help is 727,000 Euro. Through the close co-operation with the Salzburg Enterprise Participation Company (SUBG), the Chamber of Commerce as well as the Salzburg Credit Service, the Company Capital Service (EKS) is a further stimulus to intensify Salzburg’s role as a high-tech province.