Financing to boost the digital transformation of SMEs
The digital transformation process is undoubtedly one of the main levers of technological innovation, business development, economic modernisation and social progress, while at the same time representing a major challenge, but also an opportunity, for our country.
The Digital Spain agenda is, together with the green transition strategy, one of the fundamental pillars of the Recovery, Transformation and Resilience Plan for Spain, being the roadmap for the country's digital transformation. It is a strategy designed to take full advantage of new technologies to achieve more intense and sustained economic growth, rich in quality employment, with greater productivity and contributing to social and territorial cohesion, bringing prosperity and well-being to all citizens throughout the territory.
The ICO Strategy 2022-2027 is aligned with the transformation of the Spanish economy's growth model towards a more sustainable and digital model with a greater capacity to generate quality employment.
In the field of digitalisation, our aim is to promote digitalisation and innovation in Spanish companies, driving the digital transformation of the Spanish productive fabric based on three main action plans:
Collaborate with different financing instruments and the channelling of budgetary or European resources in the promotion of the digitalisation of all types of companies, with a special interest in SMEs and a stimulating effect on larger companies.
In this field of action, ICO launched the Kit Digital Facility with red.es to offer companies the possibility of complementing with financing the aid they receive from the Kit digital programme, with the aim of improving the level of digitisation of the productive fabric and its productivity.
Through the ICO's various general or specific financing products, channelling Spanish or European budgetary resources, the aim is to boost investment in digitisation throughout the productive fabric, with special attention to SMEs and the self-employed.
Collaborate in the development of private equity funds and entrepreneurship initiatives and projects linked to digitalisation through the funds managed by AXIS and especially through Fond-ICO Next Tech.
ICO's experience, through its subsidiary AXIS, has shown that certain initiatives can have an important catalytic effect on the sector as a whole, leading to a pulling effect.
Collaborate with entities and develop different financing instruments, eventually with European resources for the promotion of the Spanish audiovisual sector.
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