Digitalising operations have various advantages, contributing to different areas of activity. This includes the optimisation of processes and resources to increase efficiency, the enhancement of customer experience and the possibility to reach new markets, increased efficiency and enhancement of employee services through automation of HR processes, improvement in manufacturing processes through the integration of digital technologies, customisation of services based on client requests through enhanced data accessibility and analysis, the facilitation of customer outreach through digital marketing and online channels, and data-driven insights, amongst others.
In light of the importance for enterprises to digitalise their operations, the Digitalise your Business Grant Scheme supports enterprises through cash grants to part-finance investment in digital technologies and related processes in particular hardware, software and other digital solutions to improve their efficiency, productivity and customer experience.
The grant part-finances eligible costs up to 50% for investments in Malta and 60% for investments in Gozo, capped at a maximum grant value of €120,000 for any eligible investments, with an additional 7% flat rate to finance any indirect costs related to the investment (for a maximum of €128,400). Companies operating within a single group structure may only submit one application under this scheme.
The Digitalise your Business grant scheme is currently open on a first come first serve basis, until 31 December 2024, subject to availability of funds.
How we can help
With years of experience working with EU funding schemes, our team of professionals in advisory can help you develop solutions to face your challenges and operate more profitably, with the support of our international network. We can assist you in making value-adding decisions by identifying opportunities within your operations and carefully selecting the most suitable funding scheme available to you.
We will also support you throughout the application process. PwC can prepare and compile the content and collate the documentation required as part of the grant scheme application form.
Should you require any further information or have any queries on these schemes, or the support that we offer, including on entity eligibility, please do not hesitate to reach out to us for further guidance.
