By creating innovative products and services startups build new markets that are of crucial for economic growth and structural development. Over the past few years, a vibrant startup scene has emerged in Austria. A number of private and public initiatives support startups, creating a breeding ground for successful ventures.
The Austrian Startup Monitor (ASM) provides information about the development of the Austrian startup ecosystem and will be continuously updated and monitored. The data behind the Monitor comes from almost 3,000 Austrian startups that were identified as such and invited to participate in an annual online-survey. Of those, 1,169 founders and CEOs participated in at least on of the ASM surveys conducted from 2018 to 2021 and provided information and insights about the status quo, outlook and ecosystem surrounding startups in Austria.