Austria Exclusive Financing Tender

The creative industry will remain in the fast lane in 2019 With 42000 companies a turnover of 22 billion euros an export quota of 19 and an economic output of 3.8 the creative industry acts as a turbo for the Austrian business location. Thats why our creatives need the best possible framework conditions - especially with regard to financing emphasized Mariana Khnel Deputy Secretary General of the Austrian Federal Economic Chamber WKO on Monday evening at the WKO on the occasion of the prominent creative industry talks of the creative industries Austria KAT. Topic this time was Risk Capital - Where does the coal come from.In which phase of the company is venture capital meaningful for creatives and how can one attract the interest of an investor These and other important financing questions are answered by two real superstars of the international investor and startup scene IT pioneer and co-founder of the Institute for Entrepreneurship Cambridge IECT Hermann Hauser and Max Scheichenost of Alps Ventures and FALCON Agency.More venture capital for creative industriesOne of the success factors for a successful team and business model is start smart scale hard. I try to build new companies from existing structures and then scale them reported Scheichenost in his presentation on founding building and scaling of companies. In addition to exclusive insights into his investments Hermann Hauser shed some light on the differences with the US and brought the Cambridge Phenomenon closer to the audience The international venture capital scene is currently focusing heavily on artificial intelligence blockchain synthetic biology and quantum computing. Venture capital has a key role in fast-growing sectors of the economy. Austria still has some catching up to do here.The Chairman of the KAT Gerin Trautenberger agreed. It has to become even more creative that venture capital is a good financing alternative for implementing new business ideas or further developing the company For creative people it is harder to get a classic bank loan due to the strict requirements of the banks. We want the industry to have easier access to finance and more risk-taking for investing in intangible goods.Awareness for the creative industryWith the creative industry talks Kreativwirtschaft Austria informs creatives and multipliers about topics related to their entrepreneurial professionalization and the future development of the creative industries. The series of events is made possible by the Federal Ministry for Digitization and Business Location as part of the Creative Economy Strategy for Austria and the WKO.