The ‘DIGITAL MADEIRA’ this incentive scheme managed by IDERAM has the goal to reinforce the capacity of madeiran SMEs by fostering digital economy, supporting the digital transformation and business models of the companies, dematerializing processes and promoting the creation of new digital channels. 

The first call was open with a total funding of 4 Million Euros and received 721 proposals from Madeira companies. A total of 197 proposals has been approved, summing up a total investment of 18.868.000 Euros with an eligible expense of 7.075.000€. These investments shall be completed by late June 2023.