Opportunity Information: Apply for SAU90020CA0001
The Young Transatlantic Leader Exchange: Austria Goes Silicon Valley is a U.S. Department of State opportunity run through the U.S. Mission to Austria (U.S. Embassy Vienna) to deliver a short, high-intensity entrepreneurship program in the Silicon Valley area for roughly ten early-stage Austrian startup founders who are under 35. The core idea is to immerse these founders in the realities of the U.S. startup environment through practical training and direct exposure to the people and institutions that shape Silicon Valley, with the program lasting about 7 to 10 days and scheduled to take place sometime between February and September 2020.
The program is meant to be hands-on rather than academic. A central required component is an initial startup boot camp that teaches the nuts and bolts of building a company in the Silicon Valley context, including how founders refine an idea, validate customers, raise capital, structure growth, and handle common operational challenges. After the boot camp portion, the agenda is expected to expand into additional programming and networking that helps participants understand how the broader ecosystem works in practice. Applicants are also expected to include pre-departure preparation so participants arrive with clear goals, shared expectations, and the background needed to make the short trip productive.
A major emphasis is sustained interaction with the Silicon Valley community. The grant description calls for extensive engagement with top companies, experienced founders, incubators and accelerators, and venture capitalists, along with structured opportunities for participants to network and build peer relationships. Team-based work is encouraged so the Austrian founders learn from each other, collaborate, and form longer-term professional ties. While cultural programming is not a central requirement, it is described as appreciated if it can be incorporated without detracting from the entrepreneurship focus.
Another key expectation is continuity after the travel portion ends. Proposals should include a plan for post-program engagement that keeps participants connected as alumni, such as ongoing mentoring, follow-up support, and a framework for maintaining momentum once the founders return to Austria. Overall, the goals are to equip young Austrian founders with skills and connections they can use to grow their businesses in Austria and potentially in the United States, increase awareness of how entrepreneurship is practiced in the U.S., encourage founders to see the United States as a future destination for partnerships, investment, and education, and deepen professional and personal ties between Austrian entrepreneurs and U.S. counterparts.
From an administrative standpoint, this is a discretionary award made as a cooperative agreement, meaning the U.S. Embassy Vienna will be substantially involved in shaping and approving the effort, including selecting participants and approving the program structure and U.S.-based content. The opportunity (Funding Opportunity Number SAU90020CA0001, CFDA 19.040) had an award ceiling of $120,000, with one award expected. Eligible applicants are U.S. nonprofit organizations with 501(c)(3) status (excluding institutions of higher education). The posting was created on September 11, 2019, and originally closed on October 23, 2019. The Embassy also signaled flexibility in how applicants design the program and encouraged proposals that bring significant cost-sharing and/or private fundraising to stretch federal funds further.Apply for SAU90020CA0001
- The Department of State, U.S. Mission to Austria in the other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "Young Transatlantic Leader Exchange: Austria Goes Silicon Valley" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 19.040.
- This funding opportunity was created on Sep 11, 2019.
- Applicants must submit their applications by Oct 23, 2019. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $120,000.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education.
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