The Vienna University of Technology (TU Wien) was founded in 1815 as Imperial-Royal Polytechnical Institute, it was the first University of Technology within present-day German-speaking Europe. Today the university finds high international and domestic recognition in teaching as well as in research and is a highly esteemed partner of innovation oriented enterprises. With its eight faculties - mathematics and geo-information, physics, technical chemistry, informatics, civil engineering, architecture and regional planning, mechanical engineering and business science, electrical engineering and information technology – the TU Wien covers the classic engineering disciplines. Although fundamental research has priority at the TU Wien applied research is also done. Moreover services are offered as high-tech problem solving and examination expertise for industry and economy. Innovation orientated companies are highly interested in co-operating with the Vienna University of Technology because of its high-tech and high-quality research and its openness for requests of the economy.