Government funding for digital signage - how it works!

Government funding for digital signage - how it works!

13.8.2024

In an increasingly digitalized world, digital signage is playing an ever more important role. These modern display systems can be found everywhere: from shopping centers and train stations to corporate buildings. They offer dynamic, interactive and engaging ways to present information and advertising. But implementing such systems can be costly. This is where government subsidies come into play, which can support companies and institutions. In this article, you will learn how you can benefit from government funding for digital signage.

What is digital signage?

Digital signage refers to the use of digital screens to display multimedia content such as videos, images and text. This technology replaces traditional advertising and information methods such as posters or signs and offers numerous advantages: Real-time updates, interactive content and greater audience engagement.

Why state funding?

The introduction of digital signage often requires considerable investment in hardware, software and infrastructure. Government subsidies help to reduce these costs and drive digitalization forward. Small and medium-sized enterprises (SMEs) in particular benefit from such funding programs, as they often do not have the financial resources to make large investments.

What funding opportunities are there?

There are various programs at federal and state level that support the introduction of digital signage. The best known include:

  • Digital Now: This program from the Federal Ministry for Economic Affairs and Energy (BMWi) promotes investment in digital technologies and employee training. Companies can apply for grants for hardware and software, including digital signage.
  • go-digital: Also initiated by the BMWi, this program supports SMEs in their digital transformation. Consultancy firms help with the planning and implementation of digital signage projects. The costs for these consulting services are subsidized by up to 50%.
  • State funding programs: Many federal states offer their own funding programs. One example is the "Digitalbonus" programme in Bavaria, which supports small companies with digitalization. Grants for digital signage are also possible here.

Steps for applying for funding

  1. Research: Find out about the various funding programs and check which one best suits your project.
  2. Application: Submit the funding application in good time and in full. Pay attention to the respective deadlines and requirements.
  3. Project planning: Create a detailed project plan that describes the objectives, measures and costs of your digital signage project.
  4. Take advantage of advice: If necessary, use the support of consulting companies to optimize the application and project implementation.
  5. Documentation: Keep a precise record of all expenditure and progress in order to be able to prove the use of the funding.

Conclusion

Digitalization offers enormous opportunities, and digital signage is an important part of this development. Government subsidies make it easier for companies to use these technologies and become more competitive as a result. Use the available programs to finance your investments in digital signage and benefit from the advantages of these modern means of communication.

We can help you with the implementation and calculation of your digital signage solution. Contact us at www.wedeko.com/kontakt.

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