Get help with digitization at SMV:Digital

During 2023, SMV:Digital will open up several new pools that you and your company can apply for if you want grants for private advice or help with investment in IT and technology.

At SMV:Digital, you can apply for grants for private counseling, where the course is tailored based on your company's specific needs, and grants for counseling, where the theme is pre-determined and organized within a defined period.

So, for example, if you have challenges getting started on your digital journey or need the right advice to reach the goal of a significant development project within digitization, e-commerce, or automation, you and your company can get support from one of SMV:Digital's new pools.

According to experts from the Confederation of Danish Industry and the Danish Chamber of Commerce, it's all about getting the digital journey started – read more about why here.

Below, you will find an overview of the pools and an introduction to what you can get help with more precisely.

Grant for private counselling of DKK 50,000 – opens for application on 12/04-2023

This pool is relevant for those lacking inspiration or basic knowledge to start or continue with digital transformation, automation, or e-commerce. Through the pool, you can apply for DKK 50,000 to a private advisor who can help you clarify needs, describe digital solutions on the market, and advise you on implementation.

The grant is especially targeted at areas with well-proven digital solutions on the market but where you need the proper assistance to choose the best solution for your business.

Possible areas you can apply for grants for:

• Business systems – ERP/MRP

• Production optimization

• Systematic customer processing – CRM

• E-commerce platform, webshop and system selection, payments

• System integration, ERP, PIM, warehouse and logistics

Grant for private counselling of DKK 100,000 – opens for application on 06/03-2023

Suppose you have ambitions for comprehensive digitalization across your company or want to use new digital technologies. In that case, you can apply for DKK 100,000 for private advice that can help you meet your company's digital goals.

Before you select the next digital solution, you can use kompasbank's Chief Digital Officer, Jonas Gudjonsons, seven simple steps to succeed with the next solution that can streamline and digitize your business.

The grant of DKK 100,000 can, for example, be used to get guidance on the implementation and technical integration of new technology, so you are sure that you are using the correct systems and thereby achieve the best possible results from your digital investment. To be considered for the grant, you must have formulated an extensive or innovative project.

Potential areas you can apply for grants for:

• Product development – digital solutions

• Traffic analysis, conversion optimization, business intelligence

• Customer recognition, upselling, dynamic platform and pricing

• Data-driven marketing, search engine optimization (SEO/SEM), social media and email automation

• Quality, measuring equipment and sensory science

Create value with your data: Grant of DKK 100,000 for private counselling – opens for application on 30/08-2023

The grant of DKK 100,000 is for those who have ambitions to strengthen their companies' growth and competitiveness through the utilization of the data that they already collect. The private advisor can help you make data an integral part of your company's business.

Areas that you can get support for:

• How data can be used to create an overview of when your company sells selected products so you can more easily target your marketing efforts.

• How insight into data can help free up time and resources by identifying areas of the company that can be optimized and streamlined.

• How you can analyze data to find high-quality leads, create optimal customer journeys, or predict your customers' preferences and needs.

• Visualizing data can help identify new sales, business, and export opportunities and make your decision-making processes data-driven.

Investment and advisory support of up to DKK 250,000 – opens for application on 06/02-2023

This pool is relevant for those ready to invest in digital systems, automation, or e-commerce solutions that can strengthen your company's productivity or exports.

If you plan to apply for this pool, you must set up a business case for the investment in new hardware or software. Based on this, you can be awarded financial support of 25% of the investment sum. The support for investment in technology and IT must be at least DKK 10,000 and at most DKK 200,000. In addition, you can get up to DKK 50,000 in grants for advice regarding implementing the new systems.

To receive investment support, it is essential that the new technology you plan to invest in brings significant technological novelty to your company and that you can explain in the application how the technology can develop and streamline your business.

Examples of areas where investing in technology and IT can strengthen your business:

• Big Data / Business Intelligence – data application

• Integration of web sales systems, ERP, PIM, storage and logistics

• Production and supply chain optimization

• Business and management systems – MRP, MES/MIS

• Online marketplaces, digital sales tools, dropshipping

You can read much more about the four pools and get information about how to apply here.

You can also try our find-your-match test, where you will be matched up with a number of relevant digital solutions based on your company's specific needs.