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Extension of fixed cost subsidy announced!

The Austrian Federal Ministry of Finance just recently announced the extension of the fixed cost subsidy, ie funding guidelines for phase II of the fixed cost subsidy were now published. Compared to phase I of the fixed cost subsidy phase II provides for several beneficial changes with regards to the fixed costs subsidy. Since the now published funding guidelines for phase II have not been approved by the European Commission yet, the Commission’s approval has still to be awaited, although from a current standpoint no further major changes should be expected. Therefore, we would like to outline the most important topics within the funding guidelines for phase II of the fixed cost subsidy.

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