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Startup City Vienna
Gabrielle Costigan,
Managing Director & COO weXelerate
Welcome back from your lunch break!
The 1920s:
Vienna’s coffee houses as meeting
points for artists and intellectuals
2018:
Vienna is home to a strong startup
community with multiple initiatives
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
1.86 million / 8.77 million (2017, Statistik Austria)
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
2: What percentage of Austrian startups are incorporated in Vienna?
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
2: What percentage of Austrian startups are incorporated in Vienna?
Roughly 70% of all startups are founded in Austria‘s capital city (PGM Research).
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
2: What percentage of Austrian startups are incorporated in Vienna?
3: How many Viennese startups have been founded in 2017 (estimated)?
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
2: What percentage of Austrian startups are incorporated in Vienna?
3: How many Viennese startups have been founded in 2017 (estimated)?
300 Startups (Trending Topics Magazine)
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
2: What percentage of Austrian startups are incorporated in Vienna?
4: What were the two most succesful Viennese startup exits in the past years?
3: How many Viennese startups have been founded in 2017 (estimated)?
Test your Knowledge about Austria‘s Capital
1: How many people do live in Vienna/ in Austria?
2: What percentage of Austrian startups are incorporated in Vienna?
4: What were the two most succesful Viennese startup exits in the past years?
3: How many Viennese startups have been founded in 2017 (estimated)?
Shpock (2015, 200m EUR), MySugr (2017, estimated 100-200m EUR)
What‘s Special about Vienna‘s Startup Scene?
INNOVATION
ECCOSYSTEM
Historically, Vienna has aways
served as a bridgehead between
the Eastern and Western parts
of Europe. With these ties, the
city up until today attracts young
teams desiring to expand in both
directions.
CEE Bridgehead
With similiarities in language,
culture and purchasing power,
Austria and its capital city Vienna
acts as an ideal test market for
companies seeking to enter the
DACH area. While the sector is
growing, rents are still affordable.
2nd largest DACH city
High level of education with
more than 200.000 students
(30% international). Vienna is also
home to many research clusters
in life sciences, automotive,
environmental as well as
microelectronics & mechatronics.
Talent & strong research
According to EY, the investment into Austrian startups has quadrupled in 2017 compared to 2016 (now
138million EUR). Established investors such as Speedinvest, i5 Invest or initiatives like the AAIA have been very
active in recent years. Lastly, the tax system is known to be startup-friendly (R&D benefits, low set-up costs, etc.).
Funding, Financing & Taxes
A Rich Startup Enviroment has Emerged
Investors & Angels
Public institutitions
Communities & Media
Co-Working
A Rich Startup Enviroment has Emerged
Investors & Angels
Public institutitions
Communities & Media
Co-Working
A Rich Startup Enviroment has Emerged
Investors & Angels
Public institutitions
Communities & Media
Co-Working
A Rich Startup Enviroment has Emerged
Investors & Angels
Public institutitions
Communities & Media
Co-Working
A rich Startup Enviroment has emerged
Investors & Angels
Public institutitions
Communities & Media
Co-Working
Your first Contacts in Austria
ABA – Invest in Austria offers customized information, support and consulting to international investors and teams
establishing business operations in Austria. Services of ABA are free of charge.
Contact: Mag. Birgit Reiter-Braunwieser: b.reiter-braunwieser@aba.gv.at
The goAustria program is a tailor-made incubation and internationalization program to set up a European base in
Austria, giving startups access to the whole EU and its single market. goAustria offers two approaches, one is a two weeks
incubation program, the other one being an individualised internationalization plan.
Contact: Carina Margreiter: carina.margreiter@gin-austria.com
weXelerate is the largest startup and innovation hub in Vienna, Austria founded in 2017. Twice a year, we conduct a
multi-corporate accelerator program, where we bring together international founder teams and large corporations to
create formats in which they can start their innovation collaboration process.
The Vienna BusinessAgency is the first point of contact for national and international companies. It offers financial
support, real estate and urban development incentives as well as free service and advice.
Contact: Sabine Ohler: ohler@wirtschaftsagentur.at
Events coming up in Vienna
January 2019 March 2019 April 2019
Moving Forward Conference Vienna
Topics cover AI, Blockchain, FinTech,
GreenTech, Health, Mobility & more!
Location: Palais Wertheim
22-23
Start weXelerate Batch IV
30-50 Startups expected
4th
Start
weXelerate Batch III
1st
October 2018 November 2018
F10 FinTech Hackathon
First F10 Hackathon in Vienna. 48-hours
of ideation and programming.
Location: weXelerate
16-18
End
weXelerate BatchIII
18th
4 Gamechanges Festival Vienna 2019
A three-day International digital festival for influencers,
rebels, visionaries, gamechangers & you
9-11
Application Period weXelerate Batch IV
Oct – Nov 2018
End
Questions: reach out to us at:
accelerator@wexelerate.com

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Startup Cities: Vienna, Austria - Me Convention 2018

  • 1. Startup City Vienna Gabrielle Costigan, Managing Director & COO weXelerate
  • 2. Welcome back from your lunch break!
  • 3. The 1920s: Vienna’s coffee houses as meeting points for artists and intellectuals
  • 4. 2018: Vienna is home to a strong startup community with multiple initiatives
  • 5. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria?
  • 6. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria? 1.86 million / 8.77 million (2017, Statistik Austria)
  • 7. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria? 2: What percentage of Austrian startups are incorporated in Vienna?
  • 8. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria? 2: What percentage of Austrian startups are incorporated in Vienna? Roughly 70% of all startups are founded in Austria‘s capital city (PGM Research).
  • 9. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria? 2: What percentage of Austrian startups are incorporated in Vienna? 3: How many Viennese startups have been founded in 2017 (estimated)?
  • 10. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria? 2: What percentage of Austrian startups are incorporated in Vienna? 3: How many Viennese startups have been founded in 2017 (estimated)? 300 Startups (Trending Topics Magazine)
  • 11. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria? 2: What percentage of Austrian startups are incorporated in Vienna? 4: What were the two most succesful Viennese startup exits in the past years? 3: How many Viennese startups have been founded in 2017 (estimated)?
  • 12. Test your Knowledge about Austria‘s Capital 1: How many people do live in Vienna/ in Austria? 2: What percentage of Austrian startups are incorporated in Vienna? 4: What were the two most succesful Viennese startup exits in the past years? 3: How many Viennese startups have been founded in 2017 (estimated)? Shpock (2015, 200m EUR), MySugr (2017, estimated 100-200m EUR)
  • 13. What‘s Special about Vienna‘s Startup Scene? INNOVATION ECCOSYSTEM Historically, Vienna has aways served as a bridgehead between the Eastern and Western parts of Europe. With these ties, the city up until today attracts young teams desiring to expand in both directions. CEE Bridgehead With similiarities in language, culture and purchasing power, Austria and its capital city Vienna acts as an ideal test market for companies seeking to enter the DACH area. While the sector is growing, rents are still affordable. 2nd largest DACH city High level of education with more than 200.000 students (30% international). Vienna is also home to many research clusters in life sciences, automotive, environmental as well as microelectronics & mechatronics. Talent & strong research According to EY, the investment into Austrian startups has quadrupled in 2017 compared to 2016 (now 138million EUR). Established investors such as Speedinvest, i5 Invest or initiatives like the AAIA have been very active in recent years. Lastly, the tax system is known to be startup-friendly (R&D benefits, low set-up costs, etc.). Funding, Financing & Taxes
  • 14. A Rich Startup Enviroment has Emerged Investors & Angels Public institutitions Communities & Media Co-Working
  • 15. A Rich Startup Enviroment has Emerged Investors & Angels Public institutitions Communities & Media Co-Working
  • 16. A Rich Startup Enviroment has Emerged Investors & Angels Public institutitions Communities & Media Co-Working
  • 17. A Rich Startup Enviroment has Emerged Investors & Angels Public institutitions Communities & Media Co-Working
  • 18. A rich Startup Enviroment has emerged Investors & Angels Public institutitions Communities & Media Co-Working
  • 19. Your first Contacts in Austria ABA – Invest in Austria offers customized information, support and consulting to international investors and teams establishing business operations in Austria. Services of ABA are free of charge. Contact: Mag. Birgit Reiter-Braunwieser: b.reiter-braunwieser@aba.gv.at The goAustria program is a tailor-made incubation and internationalization program to set up a European base in Austria, giving startups access to the whole EU and its single market. goAustria offers two approaches, one is a two weeks incubation program, the other one being an individualised internationalization plan. Contact: Carina Margreiter: carina.margreiter@gin-austria.com weXelerate is the largest startup and innovation hub in Vienna, Austria founded in 2017. Twice a year, we conduct a multi-corporate accelerator program, where we bring together international founder teams and large corporations to create formats in which they can start their innovation collaboration process. The Vienna BusinessAgency is the first point of contact for national and international companies. It offers financial support, real estate and urban development incentives as well as free service and advice. Contact: Sabine Ohler: ohler@wirtschaftsagentur.at
  • 20. Events coming up in Vienna January 2019 March 2019 April 2019 Moving Forward Conference Vienna Topics cover AI, Blockchain, FinTech, GreenTech, Health, Mobility & more! Location: Palais Wertheim 22-23 Start weXelerate Batch IV 30-50 Startups expected 4th Start weXelerate Batch III 1st October 2018 November 2018 F10 FinTech Hackathon First F10 Hackathon in Vienna. 48-hours of ideation and programming. Location: weXelerate 16-18 End weXelerate BatchIII 18th 4 Gamechanges Festival Vienna 2019 A three-day International digital festival for influencers, rebels, visionaries, gamechangers & you 9-11 Application Period weXelerate Batch IV Oct – Nov 2018
  • 21. End Questions: reach out to us at: accelerator@wexelerate.com