Funding for digitization
Boost your budget
Let us and a specialized agency for funding advice advise you free of charge and with absolutely no obligation. Our team is certified for BAFA & go-digital and offers access to a number of regional subsidies to drive forward the digitalization of your company.
Funding for digitization
Many companies often fail to plan and implement their digitalization projects due to the cost factor. To ensure that this does not become an insurmountable hurdle, the federal government provides numerous subsidies for digitization.
Grants are available to finance investments and operating resources for the necessary digitalization measures.
Potential funding programs for digitization that we at 420MKT can draw on are:
Requirements for promoting your own digitalization
Each funding pot is aimed at certain types of companies and projects. Minimum and maximum requirements are usually set in terms of turnover, company size, sector and location of the company.
Some pots only support consulting, others the exact implementation and others both. At the same time, there are special funds for young companies or those in difficulty.
Thanks to the comprehensive preliminary review, every application for funding has been approved to date.
In cooperation with an agency specializing in this area, we will clarify with you in advance, free of charge and without obligation, exactly which subsidies are suitable for you.
The deadlines
The funding pots are usually limited in terms of time and total volume. It is important to start applying for funding as early as possible.
In addition, the approval of the funding takes several weeks or months depending on the workload and the funding pot of the respective offices. As a rule, the project to be funded should not begin before the funding has been approved or the prospect of funding has been promised.
Once the funding has been released, the funded project must be fully accounted for, implemented and submitted to the relevant funding office as successfully completed within a certain period of time. In most cases, the gross deadline is around 6 to 12 months after the funding has been approved.
The payment
The project sum can usually be paid in a maximum of 1 to 2 installments, depending on the size of the project, either in advance or after the project has been completed. With some funding pots, you only pay your own share, with others you are reimbursed the funding amount by the funding office after completion.
Get free advice now!
Make an appointment and we will inform you about the extensive possibilities and find the right funding pot for you.
Bafa
BAFA management consultancy can be used to promote consultancy services on all personnel, operational and financial organizational matters.
- Funding until: 31.12.2026
- Max. Implementation period: 6 months
- Max. Budget: 3.500 €
- Max. Funding rate: 90 %
- Lead time: About 4-6 weeks
Amount of the subsidy
The amount of the subsidy depends on various factors and can be divided into three areas.
Years on the market:
Assessment basis:
Subsidy rate:
Subsidy:
Counseling hours:
max. 2
€ 4,000
50-80%
€ 2,000-3,200
32
min. 2
€ 3,000
50-80%
€ 1,500-2,400
25
Emergencies
€ 3,000
90%
€ 2,700
25
Possible options
The possible analysis of the existing status quo (digital audit) is absolutely essential. This includes identifying potential, optimizing processes in existing workflows and tapping into new business areas. The development of a practical strategy for services, the exact measures and the timings for implementation in your company are also important.
In a consultation with you, we will clarify your needs and whether we can create meaningful added value for you in connection with the funding.
FAQ
Funding for digitalization helps companies to implement digital projects and increase their competitiveness. Below we have answered some of the most important questions about funding programs, requirements and processes.
What are subsidies for digitization?
Subsidies for digitalization are financial assistance intended to support companies in the implementation of digital projects. They are provided by the federal government, the federal states or the EU and can take various forms, such as grants or low-interest loans.
Can cannabis companies also be supported?
Yes, cannabis companies can also benefit from digitization funding programs, provided they meet the respective funding criteria.
Is the “go-digital” funding program still available?
No. The “go-digital” program is currently no longer available. However, there are other funding programs that pursue similar goals. An individual consultation will help you find the right program.
What support programs are available instead?
Depending on the federal state and specific project, various programs are available, e.g. “Digital Jetzt”, regional funding programs or EU-wide initiatives. The requirements and funding amounts vary depending on the program.
How does the application process work?
As a rule, you must first submit a project description and a cost plan. Once the documents have been checked, you will receive a grant notification if you are approved. The specific procedure and deadlines vary depending on the funding provider.
For which projects can I apply for funding?
Most programmes support projects such as the introduction of new software, the development of digital infrastructures, e-commerce solutions or the optimization of processes using digital technologies. You can find the details in the respective funding guidelines.
Is there a personal contribution?
Many funding programs require a percentage own contribution. This means that not all costs are covered in full, but the funding contributes to the investment in part.
Can I combine several funding programs?
Whether a combination of different programs is permissible depends on the regulations of the respective funding provider. Certain programs often exclude double funding. It is therefore advisable to check the guidelines carefully or seek individual advice.
What requirements must my company fulfill?
The requirements vary depending on the program. In most cases, a certain company size, proof of investment requirements and plausible project planning are required. There may also be restrictions for certain sectors.
How quickly will I receive the funding?
The processing time can vary depending on the funding provider and the application situation. In some cases it takes a few weeks, in others the process can take several months. An early application helps to avoid bottlenecks.
What happens if the project is cheaper or more expensive than planned?
A grant notification or contract usually specifies exactly which costs are eligible for funding and the maximum amount that will be approved. If there are deviations from the cost plan, you should talk to the funding provider to clarify possible adjustments.
Funding consultant
Ingo Lembke is our expert for questions about funding for the digitalization of your company.
Contact us at
hi@420mkt.com
