innoscripta SE (ISIN: DE000A40QVM8) is strengthening its presence in Austria, a market that has offered an R&D tax credit since 2002. The company has established a dedicated team in Vienna, which has already secured more than 30 Austrian companies as customers and generated an order backlog of over EUR 1 million from concrete projects. This milestone comes just months after the team's formation, highlighting the immediate demand for innoscripta's software-centric approach.
The Austrian R&D tax credit provides a 14% tax credit on qualifying research and development expenditures. In 2024, Austrian companies applied for a total funding volume of EUR 1.4 billion, a figure that surpasses the approximately EUR 1.2 billion paid out under Germany's R&D tax allowance in 2025, despite Austria's significantly smaller economy. This indicates a robust and mature market for R&D incentivization, where innoscripta's Clusterix platform offers significant added value.
Sebastian Schwertlein, COO of innoscripta SE, commented, "Our rapid market success in Austria is further evidence of the competitiveness of our software-centric approach with the innovative Clusterix platform. We are particularly pleased to have attracted a broad range of new customers across different sectors, including industry and manufacturing, software and IT, logistics, and retail. This demonstrates that our approach works across industries."
The company has had an office in Vienna since 2021, which previously served primarily to attract talent for its German operations. Now, that office is being leveraged to drive direct business development in Austria. The expansion into Austria is part of innoscripta's broader international strategy, which already includes market entries in France, the United Kingdom, and the United States.
innoscripta's Clusterix platform is designed to help companies structure and manage their R&D activities efficiently. By digitizing internal processes and making R&D transparent and scalable, Clusterix enables firms to navigate the complexities of tax credit applications with greater ease. The platform's success in Austria suggests that companies in established markets are increasingly seeking technological solutions to optimize their R&D investments.
The Austrian market's high application volume, despite its size, reflects a strong culture of innovation and government support. innoscripta's early traction in this market indicates that its platform resonates with companies looking to maximize the benefits of available tax incentives. As the company continues to expand internationally, its ability to replicate this success in other jurisdictions will be a key factor in its growth trajectory.
For more information about innoscripta and its Clusterix platform, visit innoscripta or view the original release at NewMediaWire.
