Driving digital investments across the EU through Recovery and Resilience Facility & Cohesion Policy funds
In its Digital Decade Policy Programme, the EU has set ambitious objectives aimed at securing a comprehensive digital transformation across all sectors of economy and society. These encompass a variety of fields, from the digitalisation of public services and the digital transformation of businesses, to encouraging the deployment of secure and performant digital infrastructures, and the acquisition of digital skills.
To achieve these objectives, significant public and private resources are needed. Substantial contributions are available at country level through the Recovery and Resilience Facility (RRF) and Cohesion Policy funds.
Under the RRF, most Member States have exceeded the obligation of allocating at least 20% of their Recovery Plan's budget to digital investments. At present, total digital spending under EU Recovery Plans is estimated at €130 billion.
By way of example, €400 million in RRF funds has just been allocated to hospitals and other medical organisations in Romania to implement health information systems, automation of workflows and digitalisation of pathology registries.
In addition to Member States' RRF digital budgets, over €19 billion in Cohesion Policy funds (2021-27) are planned for digital investments. Both public and private stakeholders can use this funding to consolidate their activities through digital means.
Digital investments under Cohesion Policy
These funds are available now and are channeled towards digitalisation of specific sectors, such as education,transport, and healthcare, as well as the public and private sectors.
How we can help
With an outstanding track-record of leveraging EU and public sector funding for our clients' growth for over three decades, we can assist you in identifying and addressing the most relevant EU funding opportunities for your digital transformation initiatives.
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