Funding model "Digital Now"

Summary of the "Digital Now" funding model

### Who is supported?

Eligible are:

- medium-sized companies - with 3 to 499 employees - from all sectors (including craft businesses and freelance professions), - planning digitization projects (investments in software/hardware or employee training).

### What is the funding rate?

Corresponding digitization projects are subsidized with a funding rate of up to 55%. The maximum funding amount is 50,000 euros (or 100,000 euros in value creation networks). The exact scale depending on company size can be found in the following table:

- Up to 50 employees: up to 40% - Up to 250 employees: up to 35% - Up to 499 employees: up to 30%

The funding rate also increases for …

- Companies in a value chain or value network (+ 5 %) - Investments in IT security and data protection (+ 5 %) - Companies in structurally weak regions (+ 10 %)

### What requirements must be met?

- The company must have a permanent establishment or branch in Germany where the investment is made. - The project must not have started at the time of funding approval. - Once approved, it must generally be implemented within twelve months. - The company must be able to prove the use of the funding.

All detailed information can be found in the funding program guidelines.

### How do I receive the financial support?

In the funding application, the company presents a digitization plan. This must include the following information:

- Description of the digitization project - Explanation of the type and number of qualification measures - Current status of digitization in the company - Objectives to be achieved with the investment - Description of how the project specifically strengthens the company

### We will be happy to support you in developing your digitization plan!