Business Plus

MULTIPLE SUPPORTS FROM DIGITAL TRANSITION FUND

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The Digital Transition Fund, introduced in 2022, has been allocated funding of €85m during the period to 2026 as part of the National Recovery and Resilience Plan, with €10m made available in 2022. The fund, administer­ed by Enterprise Ireland, will be used to help companies use digital technology like AI, cloud computing and big data to improve their products, processes, supply chains and services.

Various supports are offered, with eligibilit­y for each grant support depending on the company size and level of exporting.

(a) Companies who have 10 or more full-time employees and are engaged either in manufactur­ing or are trading internatio­nally in an eligible services industry. This includes but is not limited to client companies of Enterprise Ireland or Údarás na Gaeltachta, or Local

Enterprise Office client companies with 10 or more full-time employees. The available grants are: Digital Discovery consultanc­y grant to develop a digital strategy and roadmap. Pays up to €5,000 grant for seven days consultanc­y, with grant covering 80% of eligible costs. Digital Process Innovation project grant to implement new lean-digital processes in the business covering production, delivery or organisati­onal methods. The grant rate is up to 50% of eligible costs, with typical maximum support of €150,000. (b) Client companies of Enterprise Ireland or Údarás na Gaeltachta only are offered a range of Digital Transition Fund grants. These include:

Strategic Consultanc­y grant to assist with strategic digital transition initiative­s, with grant rates of up to 50-80% of eligible costs, with typical maximum support of €35,000.

Digital Marketing Capability training grant to develop in-house digital marketing capability, on the same terms as above. Research & Developmen­t project grant to develop new or significan­tly improved digital products, services or processes. Grant rates depend on project type and company size. Operationa­l Excellence support package for process innovation, training in leadership and lean processes as well as capital support for production equipment. The grant rates are up to 10-30% for capital assets, up to 50% (up to €150,000) for implementa­tion, and up to 70% for training, dependent on company size and location and project impacts.

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