Organization · Government VC
The Office of Economy and Labour, Canton of Basel-Stadt
The Office of Economy and Labour (AWA) is a government agency in the Canton of Basel-Stadt, Switzerland, focused on economic development and innovation support. It facilitates the establishment of startups and promotes local economic growth through various programs and initiatives.
Overview
What The Office of Economy and Labour, Canton of Basel-Stadt does
What The Office of Economy and Labour, Canton of Basel-Stadt is
The Office of Economy and Labour (AWA) is a government agency in the Canton of Basel-Stadt, Switzerland, focused on economic development and innovation support. It facilitates the establishment of startups and promotes local economic growth through various programs and initiatives.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Government VC
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find The Office of Economy and Labour, Canton of Basel-Stadt elsewhere
Open the official website or a supported primary organization account.
Capability profile
The Office of Economy and Labour, Canton of Basel-Stadt as a funder
Investment thesis
The Office of Economy and Labour, Canton of Basel-Stadt, focuses on enhancing the region's attractiveness for businesses and startups through economic development and innovation promotion. It aims to support high-quality companies in core sectors like Life Sciences, Digital Innovation, and Sustainable Economy, while facilitating the transition of existing SMEs to sustainable and digitally-capable business models.
Focus narrative
The Office invests in innovation fields and supports companies through targeted economic development measures, infrastructure development, and innovation promotion programs. Its focus is on fostering economic growth and facilitating the establishment of technology-oriented startups, ensuring that Basel-Stadt remains competitive in key sectors.
Value beyond capital
The Office of Economy and Labour adds value to portfolio companies by providing access to essential infrastructure, financial support through programs like the Rental Relief Programme, and connections to a robust network of industry partners. It facilitates collaboration between startups and established companies, enhancing innovation and growth opportunities within the region.
Terms and economics
- Typical check
- $30,000
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- Europe
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
The Office of Economy and Labour supports several notable initiatives, including: Tech Park Basel: A hub for technology startups, providing essential infrastructure and support for innovation. Switzerland Innovation Park Basel Area: A collaborative space for tech startups, particularly in the Digital Health sector. BaseLaunch: An accelerator for biotech startups that raised over $800 million in venture capital in 2024. DayOne: An innovation accelerator in digital health that connects startups with the regional health ecosystem. BaselCircular: A program promoting circular economy business models. Basel2037: A program supporting SMEs in their transition towards decarbonization and achieving Net-Zero status by 2037.
Common questions
What to know about The Office of Economy and Labour, Canton of Basel-Stadt
Upseed classifies The Office of Economy and Labour, Canton of Basel-Stadt under the Government VC organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.