Observed Signal · Oct 25, 2022 · Policy Update · Source: Trending Topics · Impact: 2/5 · Sentiment: Neutral
Austrian Agencies Launch €12M AI Mission Austria Initiative
Austria's three funding agencies — aws, FFG and FWF — have launched 'AI Mission Austria', a joint initiative to support artificial intelligence across research and business. The program is funded with €12 million from the Fonds Zukunft Österreich. Under the initiative, FWF opens four programs for fundamental AI research with €1.9 million in funding. FFG will run two calls for applied research, including a €2.5 million lead project and a €1.5 million endowed professorship focused on Edge AI. aws manages the 'AI Unternehmen & Wachstum' module, providing grants for companies: up to €15,000 for first AI projects (AI-Start), up to €160,000 for advanced trustworthiness and edge AI projects (AI Adaption), and up to €30,000 for AI data and IP strategy or regulatory know-how (AI Wissen). Calls open from November 2022, with further calls planned in 2023 and 2024.
Austrian public funding initiative for AI research and business adoption; relevant to the AI ecosystem but not a major AdTech industry shift.
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Key Takeaways & Evidence Grounding
- aws, FFG and FWF launched the joint AI funding initiative 'AI Mission Austria'.
- The initiative is financed with €12 million from the Fonds Zukunft Österreich.
- FWF provides €1.9 million for fundamental AI research across four programs.
- FFG will launch a €2.5 million applied research lead project and a €1.5 million endowed professorship for Edge AI.
- aws's business funding module supports companies with up to €15,000, €160,000 and €30,000 depending on project type.
Connected Companies & Entities
1 Entity mapped“Die drei Agenturen aws, FFG und FWF haben eine gemeinsame Förderinitiative namens AI Mission Austria gestartet....”
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