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SME Info Days: Bank Austria is providing economic stimulus billion for small and medium-sized enterprises

  • Bank Austria answers to its economic responsibility and provides an economic stimulus billion for the Austrian economy
  • The current SME initiative in cooperation with strong partners focuses on subsidized-funding consulting services for small and medium-sized enterprises

Bank Austria is providing an economic stimulus billion for SMEs up to a turnover of EUR 50m in Austria. At the moment, there is strong demand among SMEs for securing the financing of upcoming projects and consulting services in this regard. Sponsored loans can help with the implementation of important projects.
Therefore, the current SME initiative of Bank Austria focuses on subsidized-funding consulting services. Many opportunities of SME funding are not taken, which is why consulting is essential. Targeted consulting services at the SME consulting centres of Bank Austria and during the SME Information Days in many Austrian states offer precious funding know-how for small and medium-sized enterprises. “Bank Austria has considerably extended its consulting services on subsidies and financing, which have always been strong, and offers comprehensive subsidized-funding consulting services free of charge throughout Austria,” Rainer Hauser, Bank Austria board member responsible for the Retail Division, points out. “Successful consulting on subsidized funding requires a high degree of know-how. Therefore, we launched a formation and further training initiative for SME advisors throughout Austria, which was completed in February.”

During the SME Information Days, which had their successful start in Eisenstadt and will take place in several other Austrian states over the next weeks, Bank Austria is also supported by numerous strong partners. These include state government authorities, regional offices of the Austrian labour market service AMS, the Austrian economic service AWS, the Chambers of Commerce of the states, subsidized-funding authorities of the states, the association for the protection of creditors KSV 1870, the Österreichische Exportfonds, UniCredit Leasing and many others which advise companies on financing and funding.
“Today, we can answer to the specific needs of our customers in various regions in an even better way,” Karl-Heinz Krenn, subsidies expert of Bank Austria and managing director of the loan associations of Vienna, Lower Austria and the Burgenland, says. “We intend to raise awareness for the many funding opportunities not made use of and the fact that a lot more projects are eligible for subsidized funding than companies usually expect.”

Both on federal and state level, the government has implemented a lot of measures to overcome the economic crisis and extended existing funds. As a service provider, Bank Austria intends to clear the way to these funds for companies. The Bank Austria advisors can readily provide information on ERP loans, the SME initiative of the European Investment Bank, AWS liabilities, OeKB securities and many other instruments. For SMEs, subsidized funding offers a lot of advantages, from a low requirement for outside financing to favourable loan conditions. It is decisive to find the right combination of financing and sponsored funding tailored to each customer.
The upcoming SME Info Days of Bank Austria

Detailed information about the SME Info Days is available on http://kmu-info-tag.bankaustria.at where customers can also fix expert consultation.

Upper Austria April 15, 2010, 08.30–12.00 and 14.00-17.30, Bank Austria, 4020 Linz, Hauptplatz 27
Lower Austria April 22, 2010, 08.30–12.30 and 13.30–16.30, Grand Hotel Sauerhof, 2500 Baden, Weilburgstraße 11
Carinthia May 4, 2010, 09.00–15.00  Hotel Sandwirth, 9020 Klagenfurt, Pernhartgasse 9
Styria May 6, 2010, 08.30–17.30  Bank Austria, 8010 Graz, Herrengasse 15
Vienna May 11 and 12, 2010, 08.00–12.30 and 13.30–15.00 Bank Austria, 1210 Vienna, Am Spitz 11
Lower Austria May 17, 2010, 14.00–19.00 WIFI NÖ, 3100 St. Pölten, Mariazeller Straße 97
Salzburg May 27, 2010, 09.00–16.00 Bank Austria, 5020 Salzburg, Rainerstraße 2

Enquiries: Bank Austria Press Office Austria
Matthias Raftl, Tel. +43 (0)5 05 05 - 52809;
E-Mail: matthias.raftl@unicreditgroup.at

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