The ERDF project
Expansion of the existing operating site
to expand research and development activities
STM Waterjet GmbH due to the dynamic growth of the company, the research and development is currently incorporated into the production hall. The project in question provides for an annexe in which the R&D department can press ahead with the further development of products under optimum conditions. This project is co-financed by the European Regional Development Fund.
The European Regional Development Fund (ERDF) is a key instrument of the European Union for promoting economic growth and regional development. The ERDF supports projects in regions to strengthen their competitiveness and create jobs.
In Austria, ERDF plays a crucial role in the implementation of innovative projects in the fields of research, innovation, environmental protection, infrastructure and education. It contributes to the modernization of companies, the promotion of start-ups and the development of sustainable technologies. The ERDF program in Austria aims to reduce regional disparities and improve the quality of life in all regions. It relies on partnerships between public and private actors to achieve the best possible results.
Visit the ERDF website to learn more about ongoing projects, funding opportunities, and how ERDF is advancing regional development in Austria. For more information on IWB/EFRE, visit www.efre.gv.at.