On April 19, 2022, Michael Häupl and Michael Stampfer of the Vienna Science and Technology Fund (WWTF) visited the TTTech headquarters in Vienna for a friendly exchange.
The Vienna Science and Technology Fund (WWTF) was founded in 2001 to support outstanding research through competitive research funding. Its long-term thematic programs aim to strengthen the Vienna research community, both on an individual and project basis. Michael Häupl, former mayor and governor of the city of Vienna, serves as its president. Together with WWTF Managing Director Michael Stampfer, he visited the TTTech Group headquarters in Vienna. There they met with TTTech Executive Board Members and co-founders Georg Kopetz and Stefan Poledna, as well as Wilfried Steiner, Director of TTTech Labs.
TTTech is one of the country’s most successful academic spinoffs. Founded in 1998, the company’s first products and technologies were based on research carried out at the Vienna Technical University.
Back in 1998, academic spinoffs focusing on technology were almost unheard of in Europe. From the very beginning, participation in grant-funded research project has aided the company in developing its technology and building its ecosystem. TTTech was involved in 36 research projects world-wide in 2021 alone, more than half EU-funded. In Austria, TTTech is the fourth ranking corporate in total funding received from the European Union’s Horizon 2020 program. Topics range from industrial automation to automated driving, smart farming, urban air mobility and much more. A minimum 25 per cent of annual gross performance is re-invested in research and development.
Given its history and strong research focus, TTTech welcomes and supports the WWTF’s efforts to increase collaboration in Vienna’s research sector. The two organizations had many shared goals to discuss:
Michael Häupl, WWTF President: “It is the WWTF’s mission to build bridges between academia, the public sector and private institutions in Vienna to make our city a hub for world-class research and technology. We are thrilled to have TTTech, a corporate innovation leader with strong ties to the city of Vienna, as an ally in this endeavor.”
Georg Kopetz, CEO and Co-Founder, TTTech Group: “Vienna has a lot to offer as a leading location for science and technology. However, to remain competitive long-term in the global war for talents and innovation, academic institutions and companies need to cooperate more systematically to create an innovation ecosystem of world renown. It is great to hear that the WWTF has made it its objective to facilitate this process.”
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