For many companies, investing in new software needs to be carefully considered. The pros and cons are weighed up and the question of cost often plays a major role. Basically, software that suits your company will make your day-to-day work easier and save you additional costs by making work processes more efficient and using automation. In the long term, this can lead to greater competitiveness and improved customer service. It is therefore worth taking a look at the subsidies for digitalization when procuring software.
For example, there are grants from Digitalbonus Bayern (for the state of Bavaria) or Go Digital, which provide companies with financial support for the implementation of digital solutions. These funding programs can help to reduce acquisition costs and accelerate the digital transformation. However, you should bear in mind that not all that glitters is gold. It is important to carefully select the appropriate funding opportunities and ensure that the funded software actually meets your company’s requirements. A thorough analysis of the various programs and the long-term impact on your business is crucial to making the right decision and realizing the full potential of digital transformation.
The Digitalbonus Bayern is a funding program of the Free State of Bavaria that supports small and medium-sized enterprises (SMEs) and craft businesses in their digital transformation. Companies can receive financial grants to implement digital technologies such as software, hardware or IT security and increase their competitiveness. The aim is to promote digitalization in the economy and make it easier for smaller companies in particular to access modern digital solutions.
go-digital is a funding program of the Federal Ministry for Economic Affairs and Energy (BMWi) that helps small and medium-sized enterprises (SMEs) in Germany to implement digital solutions. The aim of the programme is to support companies with digitalization, particularly in the areas of IT security, digital business processes and digital market development. Through the program, companies can receive grants to make use of external consulting services and to develop or integrate digital technologies.
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When it comes to funding, there are often pitfalls with the wording in the application text, the deadlines that must be met or the eligible services. As a result, there is no real chance of approval for some grants.
However, there are also grants that have a high approval rate and a very manageable application. We highly recommend these.
A tip from us: Don’t tie a project to a grant and rely on the state. You could be disappointed. Nevertheless, your solution should make business sense.
If you need help with the application process or advice on the various options in your federal state, please contact us.
Image credits: Header- & Featured image by rawpixel.com & xb100 on Freepik
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