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Tender
The bidding phase is currently underway for founders who can apply until mid-April. Companies must have innovation in technology or business model. “There also has to be a vision of how the company can be built sustainably in Burgenland, that’s important to us,” says Trink. Because the goal is to create jobs. Despite the name Südhub, one is not limited to the southern founders.
The team intends to support five companies in the first eight-month phase, which will be selected by the Burgenland Business Agency and external experts. “The Südhub is structured as a multifunctional tool that helps founders exactly where they need help,” says Michael Gerbavsits, CEO of Burgenland Business Agency.
Entrepreneurs not only go through workshops and coaching, they also receive a grant of 10,000 euros and, under certain conditions, up to 200,000 euros of initial capital. But the network of the commercial agency and the employees of the south center are also available to the participants. “Potential investors looking for equity investments keep contacting us,” says Gerbavsits, who has known the scene for several years.
“I dealt with it intensively, I was in Silicon Valley, in Tel Aviv, another hotspot for the startup scene, and in Berlin. We are in Burgenland and we have to keep our feet on the ground, but there is certainly an opportunity, ”says Gerbavsits.