05/05/2021

New Grant Scheme To Support Businesses And Implement Digital Technologies Launches

A new Invest Northern Ireland grant scheme to support businesses to investigate and implement new digital technologies that will improve business operations has been launched.

The specific aim of the scheme is to improve company competitiveness by helping companies build out internal teams to research, identify and implement improvements using new technologies.

The COVID-19 Process and Organisational Improvement Grant (POIG) is one of eight new schemes developed by Invest NI over the last year to help businesses address the impact of COVID-19 on their operations.

POIG is open to any business operating in one of the following sectors:

• manufacturing

• construction

• information and communication

• professional, scientific and technical activities

Eligible businesses will be able to apply for support towards staff, and potential consultancy costs, as part of a process or organisation improvement project. Eligible projects must have minimum labour (internal staff) or consultancy costs of £40,000, of which internal staff costs must be at least 20%.

Through the scheme, companies will be supported to develop and implement process and organisational improvements using digital technologies, such as automation, robotics or digitisation.

Applications are now open, and will close at 12 noon on the Friday 21 May.

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