Today, Austria’s leading venture capital initiators, i5invest & Speedinvest, the Austrian governmental organization AWS as well as the Austrian Innovation Center Silicon Valley have revealed an analysis about the current status of the Austrian startup ecosystem in a press-conference. The result shows that the Austrian startup ecosystem is booming if we talk about the mobile and internet sector.
As in 2007, only a few successful entrepreneurs started to force entrepreneurship with private investments individually, in 2013 the first up-and-coming generation is becoming angel and venture capital investors by themselves, big and well-known startup conferences are taking place in Vienna, the infrastructure like co-working spaces and early stage funds have been developed as well as Austrian startups attract international visibility called “innovation made in Austria”.
This is a result of a sustainable development by Austrian educational and governmental systems, the persistent engagement of individual angel & venture capital investors as well as dedicated entrepreneurs supporting the infrastructure for ongoing ones (co-working spaces, hubs, events, networking sessions, etc.).
Austria again shows its ability to improve further and set up necessary structures to force entrepreneurship and drive innovation. The ecosystem business INISMO, as the interactive corporate funding platform, shows with its international focus that Austria is definitely a place to become successful and the world is going to keep a closer eye on businesses & ideas realized by Austrian entrepreneurs.
