Berlin Digital Bonus Programme Enters the Next Round
After a relaunch in August, SMEs and self-employed individuals can now apply to the programme for funding. The state of Berlin is offering companies €9 million to subsidise digitisation and qualification measures; funds will be allocated according to the Greyhound Principle.
Small and medium-sized enterprises often struggle to drive the digitisation of their processes. Daily business takes up a large share of their capacities, and companies often do not have the necessary financial means for this undertaking. This is where the Berlin Digital Bonus (“Digitalprämie Berlin”) funding programme can help. Relaunched on 15 August, the fund was first initiated by the state of Berlin in November 2020 with a clear aim: to help companies invest in digital technology, improve their IT security and develop their business models. The fund addresses self-employed individuals and SMEs with up to 249 employees and registered offices in Berlin.
Current funding available until the end of 2023
Each company can receive subsidies of up to €17,000 for up to ten digitisation measures, allowing companies to compensate for up to 50 percent of the costs that are eligible for funding; however, projects have to be implemented within six months after the subsidy has been granted. The entire fund amounts to €9 million, but interested companies should still apply quickly, as funds will be allocated according to the Greyhound Principle: the first company to submit an application and have it approved will be the first to receive a payout – until funds are gone. The current round of funding will run until the end of 2023, but the programme is scheduled to continue even after that term has lapsed. “We have decided to make the funding programme a more long-term component of the Berlin business development agency to support companies in their digital transformation far beyond 2024,” says Senator for Economics Stephan Schwarz. The success of the first funding period has shown that the digital bonus is the exact assistance companies need, he adds.
More than €25 million paid out during the first round of funding
According to the Berlin Senate, to date the Berlin Digital Bonus programme has paid out more than €25 million to more than 40,000 companies. Around 45 percent of funding was invested in software; almost 30 percent in production-relevant hardware; and around 25 percent in measures to implement or improve IT security.
The digital bonus is part of the Reboot Business (“Neustart Wirtschaft”) programme, which addresses the tourism and event industry, the retail trade, the hotel and catering trade as well as the creative economy. The Reboot programme is implemented in cooperation with visitBerlin and Berlin investment bank IBB. (vdo)
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