innoscripta SE (ISIN: DE000A40QVM8), a provider of software solutions for research and development (R&D) management, is expanding its operations in Austria, a market where the R&D tax credit has been established for 24 years. The company has set up a dedicated sales team in Vienna this year, focusing on the Austrian R&D tax credit, and has already acquired more than 30 Austrian companies as customers, resulting in an order backlog of over EUR 1 million from concrete projects.
The Austrian R&D tax credit, in place since 2002, offers a 14% tax credit on qualifying R&D expenditure. In 2024, Austrian companies applied for a total funding volume of EUR 1.4 billion, surpassing the approximately EUR 1.2 billion paid out under Germany's R&D tax allowance in 2025, despite Austria's smaller economy. This underscores the significance of the Austrian market for innoscripta's growth strategy.
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 expansion into Austria is part of innoscripta's broader international strategy, following its entries into France, the United Kingdom, and the United States. The company's Clusterix platform is designed to help companies structure and manage their R&D activities efficiently, digitize internal processes, and make R&D transparent and scalable.
With a strong foothold in Austria, innoscripta is well-positioned to capitalize on the growing demand for R&D tax credit optimization. The company's success in Austria indicates that its platform delivers tangible value to a diverse range of industries, reinforcing its competitive edge in the European market.
