What does cross-section agendas mean

Silicon Austria Labs

L009

Duration: October 8, 2018 to December 31, 2023

Styrian Economic Development Corporation m.b.H.

Silicon Austria is an industrial and innovation policy investment program of the Federal Ministry for Transport, Innovation and Technology (bmvit) in order to develop Austria into a leading high-tech location for electronically based systems (EBS).

To this end, various intervention instruments are brought together in a concerted program lasting several years in order to sustainably improve the framework conditions for research, development and industrialization of strategically important products, processes and systems. The capacities of the research institutes are to be bundled in a new research center and new competencies are to be built up.

To finance the company to be founded, the federal government will provide funds amounting to EUR 70 million. The federal states of Styria and Carinthia intend to support the company to be founded with EUR 28.75 million each, and Upper Austria with EUR 12.5 million. Another 50% of the total is to be contributed by Austrian industry over the next five years.

Research and development will take place at three locations:

  • Villach with the research focus on sensor technology / sensor systems and power electronics
  • Linz with the research focus on high frequency
  • Graz with the cross-sectional agendas interoperability, modeling and sub-system integration

The management and overall coordination of the Silicon Austria Lab will be located in Styria, where the new center will create 150 to 200 highly qualified jobs. The research center will cooperate closely with the research company JOANNEUM RESEARCH, the Graz University of Technology and, last but not least, with the companies located in Styria.