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Digital Boost 3.0 for Businesses

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In today's rapidly evolving business environment, staying competitive means embracing technology and staying ahead of the curve. Digital Boost 3.0 offers small and medium-sized businesses a unique opportunity to harness the power of AI, cybersecurity, and internal data.  

Working with a qualified Solution Provider, businesses can tap into their existing data to improve efficiency and build customer trust through tailored AI solutions. Drive innovation and streamline operations with AI-powered insights and automation.  

Cybersecurity is essential in safeguarding valuable assets and maintaining trust in today’s digital economy. By partnering with local solution providers, businesses will complete Digital Boost 3.0 with a clear understanding of their risks and a plan to implement strong cybersecurity practices—ensuring regulatory compliance and protection against data breaches and cyber threats. 

Stay secure. Work smarter. Transform your business with the AI and Cybersecurity Digital Boost 3.0 program.

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Qualifying Projects

 To qualify for funding under Digital Boost 3.0, projects must focus on enhancing a business’s digital capabilities in one or more of the following areas: data, cybersecurity, and artificial intelligence (AI). Projects must be led by a Digital Boost 3.0 Solution Provider and follow a two-phase process: Assessment and Implementation. 

Assessment Phase   

  • Data Assessment 
    Evaluate current data infrastructure, identify opportunities for optimization, and develop a strategy for leveraging data as a strategic asset to improve efficiency and decision-making. 
  • Cybersecurity Risk Assessment 
    Identify and prioritize potential risks, and outline recommended actions to strengthen security, reduce vulnerabilities, and ensure regulatory compliance.   
  • AI Use Case Identification & Readiness Assessment 
    Identify where AI can add value based on your data assessment and determine your organization’s readiness to adopt and implement AI solutions.  

Eligible businesses can receive up to 75% of assessment costs covered, to a maximum of $37,500.  

Implementation Phase

Once the assessment is complete and approved by TechImpact, businesses may proceed to implementation. A new SOW will be developed to outline how the recommendations from the assessment will be put into action. 

Projects must focus on implementing solutions in data management, AI, or cybersecurity, and must align with the outcomes of the Assessment Phase. Eligible businesses can receive up to 75% of implementation costs covered, to a maximum of $20,390.

 

Next Steps

1. Submit Your Application 
Start by completing the Digital Boost 3.0 application form. Your submission will be reviewed by the Digital Boost Review Committee. If approved, your project will move into the Assessment Phase. 

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2. Get Onboarded by TechImpact
If your application is approved, the TechImpact team will reach out to onboard you into the program and walk you through the next steps. 

3. Choose a Qualified Solution Provider
After onboarding, you’ll select a provider from the list of approved Digital Boost 3.0 Solution Providers.

See All Qualified Solution Providers 

4. Develop a Statement of Work (SOW)
In collaboration with your chosen Solution Provider, you will create a Statement of Work. The SOW must outline the project scope, deliverables, and timeline, and be approved by TechImpact before work begins.

 

Have questions?

For more information, contact TechImpact's Digital Program Manager, Sophie Leonard at sophie.leonard@techimpact.it. 

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