"Hamburg Digital" earmarks EUR 10 million for digitisation of SMEs

13 February 2023
More consultancy and investment services in IT sector

The senate is making EUR 10 million available for the digitisation of SMEs and is expanding the "Hamburg Digital" funding scheme until late 2023, a press release said Tuesday (February 7, 2023). The scheme provides consulting and investment services to drive digitisation forward. Around 500 applications are to be approved. The grants will be awarded on a pro rata basis and do not have to be repaid.

Two funding modules 

SMEs can apply for two funding modules. The "Digital Check" foresees a grant for consulting services during which SMEs develop an action plan for a concept. Around 50 per cent of the consulting costs (maximum EUR 5,000) are subsidised. The "Digital Invest" foresees a grant for investments in hardware, software and external services and covers 30 per cent of the expenses (maximum EUR 17,000). Applications can be submitted to the Hamburgische Investitions- und Förderbank (IFB) immediately.

Scheme in place until end 2023

"This funding scheme provides targeted support to companies that would otherwise be left out of large, elaborate funding models," said Dr. Melanie Leonhard, Senator for Economics. Various consulting services by the IFB and the Mittelstand-Digital-Zentrum Hamburg will also be available. "The switch to new digital processes, systems and business models, which are necessary and have been accelerated by the pandemic, poses challenges for SMEs in commerce, the skilled trades and the liberal professions in particular," said Dr. Andreas Dressel, Senator for Finance. Launched during the pandemic, the extension of "Hamburg Digital" comes amid the growing importance of digitalisation, Dressel pointed out.

Sources and further information

IFB Hamburg

The Hamburgische Investitions- und Förderbank (IFB Hamburg) supports housing and economic development as well as environmental protection and innovation projects. IFB Hamburg is the main point of contact for private individuals, companies and institutions in Hamburg and advises about all of Hamburg's funding offers and those of the German government and the European Union. More information can be found on:


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