aws – austria wirtschaftsservice
Walcherstraße 11A
1020 Vienna
Austria
+43 1501750
+43 150175900
office@awsg.at
http://www.awsg.at
Austria Wirtschaftsservice Gesellschaft mbH (aws) is the Austrian federal promotional bank. It assists companies (mainly SMEs and Start-ups) in their implementation of innovative or growth-oriented projects by issuing guarantees, granting loans and awarding subsidies, particularly in cases in which it is not possible for these companies to obtain the necessary funds in a sufficient amount from other sources of financing.
In addition, aws provides support in the form of specific information, advisory and other services to prospective, established and expanding companies.
| Year of creation individual entities or association | 1954 |
| Type of organization National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed | Fully public (NPI) |
| Product typology guarantee or counter-guarantee or co-guarantee | Guarantee |
| Ownership i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models | State owned (100 %) |
| Shareholder structure Private / Public (in %) | 0 / 100 |
| Legal form of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc. | Limited Company – Financial Institution |
| Structure / Network i.e. central scheme with regional offices, central scheme only, association network | Central Scheme only |
| Geographic coverage i.e. local, regional, national | National |
| Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc. | All sectors (with the exception of Agriculture and Tourism) |
| Size of businesses supported i.e. large companies, SMEs, micro-enterprises, independent/self-employed | Mainly SMEs |
| Supervision statute i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members | Financial Institution |
| Profit / Non-profit oriented dividends to public shareholders are not considered as profit orientation | Non-profit oriented |
| Do you benefit from a counter-guarantee at local, regional or national level? Local level or Regional level or National level | National level - Ministry of Finance |
| Are you/your members financial intermediary for EU-programmes? CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020 | CIP/COSME, RSI/RSFF Horizon 2020; InnovFin SME Facility |
| Types of guarantee products provided by your organisation/your members | Loan default guarantees, Leasing guarantees, Working capital loan guarantees and Mezzanine financing guarantees |
| Other SME support instruments offered by your organisation/your members Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services | Subsidized loans, Coaching, Mezzanine financing, Mediation services, Venture capital, Grants, SME investment support |
| Do you (your members) use..? De minimis or GBER or Regional guidelines or Notification | De minimis, GBER, Regional guidelines and Notification |
| Do you (your members) dispose of an internal rating/scoring system? | Yes |
| Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)? | Yes |
| Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)? | Yes |
