Inspiring innovation
Building bridges between Austria and Boston – and crossing them
Building bridges between Austria and Boston – and crossing them In Boston, Massachusetts, OPEN AUSTRIA East Coast serves as Austria’s gateway to one of the world’s leading innovation hubs. The city grants access to the most innovative square mile in the world and offers a unique density and mix of academia, start-ups, large industrial companies and investors across many sectors, including life sciences, biotech, and others.
In Boston, Massachusetts, OPEN AUSTRIA East Coast serves as
Boston, Massachusetts
Why Boston, Massachusetts: 5 Reasons for a Local Presence
Boston is a global center for biotechnology and life sciences and home to nearly 1,000 biotech companies employing over 100,000 people
Massachusetts is home to more than 100 colleges, universities and medical centers that generate a wealth of knowledge, including world renowned institutions such as the Massachusetts Institute of Technology (MIT) and Harvard.
Massachusetts is a top destination for investor funding, ranking #2 in the U.S. for total venture capital under management and #1 per capita. More than $30 billion is invested in R&D annually, evenly divided between public and private sectors.
The City of Boston and the Massachusetts state government strongly support innovation through funding, grants, tax incentives, and public-private partnerships.
Massachusetts has the most highly educated workforce in the U.S., with over 50% of the population holding a university degree.
What We Do
Support Austrian Companies & Startups: We provide innovation & technology scouting, coaching, specialized trade missions, and business networking to help Austrian businesses access innovation ecosystems, navigate the U.S. market, and engage with key industry players.
Facilitate Academic & Research Networks: We connect Austrian stakeholders in Life Sciences and Biotech with top U.S. research institutions, think tanks, and international organizations to foster collaboration, knowledge exchange, and transatlantic partnerships.
Create Value for Both Sides: We strengthen Austria’s presence in Boston’s Life Sciences and Biotech ecosystem and foster strong ties between the greater Boston area and Austria, ensuring both benefit from innovation and collaboration.
