Andorra’s €546,460 Fund for Digitalization in Business Sector Depleted
Andorra, November 13, 2024 – The Andorran government has announced that the €546,460 fund allocated to support digital transformation in the business sector has been fully utilized.
The fund was launched in July 2023 as part of the government’s “Digital Andorra 2025” initiative, aimed at accelerating the adoption of digital technologies and enhancing the competitiveness of Andorran businesses. Through this fund, companies were eligible for grants to cover expenses related to digitalization projects, such as software upgrades, website development, and e-commerce solutions.
According to government data, over 200 companies have received subsidies from the fund, spanning various sectors including tourism, retail, and manufacturing. The grants have been instrumental in driving the digital transformation of these businesses, enabling them to improve customer service, increase operational efficiency, and expand their market reach.
“We are pleased with the overwhelming response to this initiative,” said Esteve Duró, Director of Innovation and Digitalization at the Ministry of Economy and Business. “The rapid depletion of the fund is a testament to the strong demand for digitalization support among our businesses.”
The government is currently exploring options to replenish the fund to continue supporting businesses in their digital transformation journey. In the meantime, companies can access other resources such as training programs and personalized consulting services provided by the Andorran Chamber of Commerce, Industry, and Services.
“Digitalization is no longer a luxury but a necessity for businesses to remain competitive in the modern economy,” said Josep Maria Mas, President of the Chamber of Commerce. “We encourage businesses to leverage the available support and invest in their digital future.”
The government’s commitment to digitalization is also reflected in its recent announcement of a new partnership with Google. The collaboration will focus on developing digital skills training programs for entrepreneurs, employees, and job seekers in Andorra.
As Andorra’s business sector continues to embrace digitalization, the government and the private sector are working together to foster innovation, enhance competitiveness, and create new opportunities for economic growth.
S’esgota la partida de 546.460 euros destinada a acompanyar la digitalització del sector empresarial
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