“Digital Transformation of SMEs”: Completion of funding applications for the Action Package
On March 22, 20244 the electronic submission of funding applications to the Integrated State Aid Information System for the Actions: “Basic Digital Transformation of SMEs”, “Advanced Digital Transformation of SMEs” and “Digital Transformation of Leading SMEs”, with the submission of a total of 2,837 funding applications with a total budget of 250,542,980.80 euros with a Public Expenditure of 120,245,843.16 euros.
In more detail, in Action 1 “Basic Digital Transformation of SMEs” 2,497 applications for funding of a total budget were submitted 71,339,054.86 euros with a Public Expenditure of 36,586,481.69 euros.
The Action concerns the reinforcement of investment projects under establishment and newly established businesses SMEs (except the KAD of retail, retail and tourism), which will invest their own resources in the activity they intend to carry out and will create new jobs.
In Action 2 “Advanced Digital Transformation of SMEs” 219 applications were submitted for financing a total budget of 79,210,715.43 euros with a Public Expenditure of 36,420,209.16 euros.
The priority of Action 2 “Advanced Digital Transformation of SMEs” is the upgrade of very small, small and medium enterprises (SMEs) Medium Digital Maturity, through the utilization of advanced systems and technologies, with which they can improve their position in international markets, enhance operational flexibility, improve the production process, but also upgrade their competitiveness.
In Action 3 “Digital Transformation of Leading SMEs” 121 applications were submitted for financing a total budget of 99,993,210.51 euros with Public Expenditure 47,239,152.31 euros.
The priority of Action 3 “Digital Transformation of Leading SMEs” is the upgrading of SMEs with cutting-edge technologies or sophisticated digital systems of the 4th industrial revolution and additionally the coverage of individual needs in information and communication technologies (ICT) that enhance their productivity and competitiveness.
The Package of Actions “Digital Transformation of SMEs” aims to deal with the lag of Greek businesses in the adoption and integration of modern digital technologies in their production activity and is co-financed by the European Union and by national resources within the framework of the Program Competitiveness NSRF 2021/27.