In recent months, already the cause of the health crisis, we have witnessed that in Spain the lack of digitalization in companies has caused great economic impacts. On the consumer side, the health crisis has also affected the form of digital consumption and trends. Therefore, in previous posts we talk about the preparation of the government of 200 million euros to finance small and medium enterprises in digital transformation processes. Now, this financing has expanded with the aim of facilitating great help and that all SMEs have the opportunity to digitize.

The ICO and Red.es in favor of digital transformation

The Official Credit Institute and the Red.es company have carried out a strategic alliance with the aim of offering help to SMEs . Based on financing to promote the digital transformation of small and medium enterprises.

With the new government investment, Spanish companies will have 300 million euros to finance their projects to the entire amount of this.  

What digital transformation projects covers help?

Creation of prototypes, essays, project validation, demonstration of pilot projects or creation of technological products and services are some of the ideas that are worked for financing. In addition, what is published in the Official State Gazette (BOE) speaks of three financing lines for digital transformation.

  1. For artificial intelligence projects and other digital technologies.
  2. For everything that entails the technological creation of digital content , such as video games, apps or digital advertising, among others.
  3. For projects to create digital transformation offices and help in digital technologies.

In short, and as we have been saying in Gowtech, digital transformation is the next step that all companies must give to obtain great benefits and be more competitive in the market. Now with the new government aids everything is easier for those small and medium enterprises that do not have necessary resources.