The KWF is a non-profit fund aiming at promoting and supporting the Carinthian economy, independently and not bound by instructions or directives. It operates purely on the basis of guidelines that are anchored in law, promoting growth, innovation and project development based on target-orientated cooperation with all existing support bodies from the federal government and the EU.
The KWF core responsibilities include:
_ Promoting the Carinthian economy to increase performance and strengthen the competitive edge of companies
_ Providing support with setting up and growing businesses
_Encouraging high-tech and lead projects
_ Setting impulses, promoting growth, securing and creating jobs
_ Making an essential contribution to improve the innovative strength of SMEs
_ Supporting company-specific and industry-wide business development
_ Supporting measures that benefit regional development and that are non-profit-based (infrastructural initiatives)
_ Promoting measures and projects to improve the quality of tourism
_ Acquiring shareholdings in organisations that promote the economy
_ Performing measures to protect and re-structure companies in difficulties
The KWF provides a range of funding tools, structured by areas of emphasis, industry and tenders.