Tánaiste and Ministers Troy and English announce €85 million “Grow Digital” Fund

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  • funding for businesses for software, new equipment, staff training, automation and AI
  • grant aid for companies to develop new digital products, processes or services

The Tánaiste and Minister for Trade, Enterprise and Employment, Leo Varadkar, the Minister of State for Trade Promotion, Digital and Company Regulation, Robert Troy, and Minister of State for Business, Employment and Retail, Damien English, today (Monday, 20 June) announced a new €85 million fund to help businesses, no matter what stage they’re at or what sector they’re in, go digital.

The Digital Transition Fund has been allocated funding of €85 million during the period to 2026 as part of Ireland’s National Recovery and Resilience Plan. €10 million will be available in 2022. It will be administered by Enterprise Ireland.

The Fund will be used to help companies use digital technology like AI, cloud computing and big data to improve their products, processes, supply chains and services. The funding will help companies at all stages of their digital journey – from going online to facilitating exporting and to using digital technologies to reach new markets and improve their productivity and competitiveness.

A new website is also being developed which will allow companies assess what their needs are and point towards their next steps to improve their offering through digital technology.

Click here for more details