Innovation investments Strand 1 - DIGIT
The Innovation Investments Strand 1 - DIGIT program is a European Union initiative designed to foster digital growth across Europe. It supports interregional investment projects focused on deploying innovative digital solutions within the economy, public administration, and healthcare sectors. The program aims to enhance digital confidence, competence, and capabilities, thereby bridging the digital divide and improving overall innovation capacity and competitiveness across EU regions.
Who is Funded
The Innovation Investments Strand 1 - DIGIT program targets a broad spectrum of entities across the European Union, particularly those engaged in interregional innovation and smart specialisation strategies. Funding is directed towards businesses, public administrations, and research organizations, with a strong emphasis on fostering digital transformation and growth.
What is Funded
The program funds a variety of projects and activities aimed at digital transformation and innovation, focusing on practical application and market readiness. It supports investments that lead to tangible improvements in digital capabilities across key European sectors.
Conditions and Requirements
Applicants and beneficiaries under the Innovation Investments Strand 1 - DIGIT program must adhere to specific conditions and requirements to ensure the effective and compliant implementation of funded projects. These provisions cover various aspects from application submission to project execution and financial management.
Application Procedure
The application process for the Innovation Investments Strand 1 - DIGIT program involves a structured submission and evaluation flow, with details provided in comprehensive guidance documents. Prospective applicants are encouraged to consult official resources for all procedural requirements.
Legal Basis
The Innovation Investments Strand 1 - DIGIT program operates under a robust legal framework, drawing its authority from key European Union legislative acts. This ensures transparency, accountability, and alignment with broader EU policy objectives.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
70% funding rate
Allocated Budget:
39,795,300 € for 2020 and 36,763,277 € for 2021, totaling 76,558,577 € for the I3-2021-INV1 call.
Award Channel:
Competitive Tender
Region:
European Union, specifically regions involved in Smart Specialisation strategies (at NUTS 2 or 3 level), including less developed regions within the EU-27.
Sectors:
Information and Communication Technology, Healthcare, Software Development, Research and Development, Environmental and Climate Protection, Service Sector
Beneficiaries:
Businesses, Public administrations, Healthcare providers, SMEs, Research and Technology Organisations (RTOs), Business associations
Application Type:
Consortium Required
Funding Stages:
Experimental Development, Prototyping, Pilot Testing, Product Development, Process Optimization, Market Introduction, Scaling, Commercialization, Implementation
Funding Provider
Program Level:
European Union
Funding Body:
European Commission
Managed By:
EISMEA (European Innovation Council and SMEs Executive Agency)
Additional Partners:
No specific additional partners beyond consortium members are mentioned, but external experts or service providers can be financed within the project scope, and affiliated entities can participate under specific financial regulations.
Website: