aws erp-Loan
Funds Austrian enterprises with concessionary investment financing for transformative sectors.
The aws erp-Loan (erp-Kredit) is a concessional soft loan administered by Austria Wirtschaftsservice Gesellschaft mbH (aws) using funds from Austria's ERP (European Recovery Program) fund, a legacy Marshall Plan fund managed by aws on behalf of the Austrian government. The instrument provides below-market-rate fixed or semi-fixed interest financing for Austrian enterprises of any size investing in company establishment, modernisation, growth, or innovation projects. Loan amounts range from €10,000 to €37.5 million, covering up to 100% of project volume, with repayment periods of 6 to 12 years and grace periods of 0.5 to 5 years. This is a repayable loan — not a grant — and applicants should note that the instrument carries full repayment obligations at concessional interest rates.
All eligible Austrian for-profit enterprises may apply regardless of company size or sector; eligible uses include manufacturing investment, technology development, service-sector expansion, and tourism infrastructure. Tourism companies are specifically directed to apply through the Österreichischen Hotel- und Tourismusbank (ÖHT) rather than through standard channels. Applications are not submitted directly to aws but through ERP trustee banks — commercial bank intermediaries — using the aws Fördermanager portal. Loans above €2 million require approval by the ERP Credit Commission, which meets quarterly; confirmed 2026 meeting dates include February 24, April 22, and June 16.
For applicants requiring project financing at concessional terms, the erp-Loan is one of Austria's most flexible instruments given its broad size range and sector-neutral eligibility. Companies should initiate the application process through their commercial bank before the relevant ERP Credit Commission meeting date if their loan exceeds €2 million. The continuous intake means smaller loans below the commission threshold can be processed without waiting for a quarterly meeting. Full program details and the Fördermanager portal access are available at aws.at.
Concessional soft loans from €10,000 to €37.5 million for Austrian enterprises investing in establishment, modernisation, growth, or innovation projects, delivered through ERP trustee banks.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see how to apply
Sign up free to see the timeline