LIFE SCIENCE LOCATION GRAZ
Attractive funding and financing landscape
1.
Comprehensive support and financing package at regional level from the Styrian Economic Development Agency. The SFG offers investments of up to EUR 1,5 million in the form of a time-limited silent participation as a junior investor. The prerequisite for this is that a strategic investor is present.
2.
Comprehensive preseed and seed financing package including doubling of equity capital at the federal level by Austria Wirtschaftsservice (AWS).
3.
Attractive ongoing (funding) loans of up to 75% for startups for their research activities from the Research Promotion Agency (FFG) as well as ongoing topic-related funding calls in the life sciences sector.
Comprehensive support and financing package at regional level from the Styrian Economic Development Agency. The SFG offers investments of up to EUR 1,5 million in the form of a time-limited silent participation as a junior investor. The prerequisite for this is that a strategic investor is present.
2.
Comprehensive preseed and seed financing package including doubling of equity capital at the federal level by Austria Wirtschaftsservice (AWS).
3.
Attractive ongoing (funding) loans of up to 75% for startups for their research activities from the Research Promotion Agency (FFG) as well as ongoing topic-related funding calls in the life sciences sector.
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Mentoring package for start-ups
4.
Incubator Science Park: Comprehensive mentoring services for spin-outs, including business plan creation, financing and support, mentoring, IP rights, start-up support over a period of 18 months and beyond. This is the only incubator that offers mentoring services without participation in company shares (already existing contacts).
Incubator Science Park: Comprehensive mentoring services for spin-outs, including business plan creation, financing and support, mentoring, IP rights, start-up support over a period of 18 months and beyond. This is the only incubator that offers mentoring services without participation in company shares (already existing contacts).
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Research infrastructure and partnerships
5.
Important local research partners apart from the Medical University of Graz, the Joanneum Research for the health sector (with over 500 projects and an annual research output of EUR 50 million) and the Research Center for Pharmaceutical Engineering (RCPE), a globally recognized center for formulation and drug manufacturing technologies, which is particularly relevant for the production of personalized drugs and therapies.
6.
A strong expertise in relevant and related areas (a strong research and development focus with a significant number of experts and partners: 55% of all academic researchers in Austria in the technical field are concentrated in the Graz location), and one of the highest R&D ratios of 5,17 .3%, making it one of the top XNUMX locations in Europe, with an excellent exchange of specialist knowledge and highly qualified employees.
Important local research partners apart from the Medical University of Graz, the Joanneum Research for the health sector (with over 500 projects and an annual research output of EUR 50 million) and the Research Center for Pharmaceutical Engineering (RCPE), a globally recognized center for formulation and drug manufacturing technologies, which is particularly relevant for the production of personalized drugs and therapies.
6.
A strong expertise in relevant and related areas (a strong research and development focus with a significant number of experts and partners: 55% of all academic researchers in Austria in the technical field are concentrated in the Graz location), and one of the highest R&D ratios of 5,17 .3%, making it one of the top XNUMX locations in Europe, with an excellent exchange of specialist knowledge and highly qualified employees.
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Work infrastructure embedded in the clinical center and specialists
7.
A good work infrastructure (offices and laboratories) with attractive conditions and networking, including temporary laboratory infrastructure, in the middle of the Medical Science City - the largest clinic complex with connected technology transfer centers in the medical sector.
8.
A university city with 8 universities on site, 4 of which are in the life sciences (Medical University of Graz, Technical University of Graz, Karl Franzens University of Graz, Joanneum University of Applied Sciences), with 65.000 students and a population of 340.000 in Graz.
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Soft Facts: High efficiency through a network-based economy and a strong collaborative mindset
9.
Efficient implementation options through strong networking between research and companies as well as existing cooperation channels at regional level, which leads to rapid implementation of projects. Graz is a popular place to settle due to its manageable size and high density of infrastructure. There is a good culture of cooperation between the clinic and research partners as well as strong networking, which enables uncomplicated implementation of projects.
10.
A strong community in the field of life sciences (Human.technology Styria) with lively exchange between industry and research at national and international levels. A one-stop shop for founding, growing and internationalizing. A long tradition of support and collaboration by the cluster with numerous partnering events and conferences on site that are known nationally and internationally (ECCPM, ESIB, Biotech Summit, etc.).
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