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Funding your project

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Apply for support from the Blue Fund

The Blue Fund, part of the Extended Monaco Entreprises programme, aims to support economic development through digital technology. Its objectives are:

Promoting the uptake of digital technology. This objective encourages the use of digital technologies to foster growth and boost business competitiveness.

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Based on a co-funding principle, the Blue Fund supports digital transformation plans up to 70% of their net value (excluding tax), prioritising high-impact structural projects that enhance operational efficiency, productivity and business competitiveness (cybersecurity, compliance requirements, internal process digitalisation, data integration / AI, etc.), excluding any funding for projects related to cloud computing.

Alongside the Extended Monaco Entreprises programme, a specific cyber plan dedicated to healthcare actors (as defined in Sovereign Ordinance No. 8.337 of 5 November 2020, Article 1) complements this programme, excluding public establishments.

More information available at: monacosante.mc

Submit your application

  • With the supporting documents listed here, you may submit your funding application to the Blue Fund via the dedicated online service.
  • We encourage you to follow the guidelines set out in the dedicated information sheet to ensure proper project management and effectiveness.
  • NB: In addition to the supporting documents, a detailed business case (business plan) for the project will be required. See template here.
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Processing Times

Applications submitted to the Blue Fund are subject to specific processing times:

  • Once a complete and validated application has been received, processing generally takes 8 to 10 weeks.
  • An additional month is required for review by the committee.
  • The total processing time is therefore 3 months from the receipt of a complete and validated application.

Compliance with Legal and Administrative Requirements

Any entity applying for co-funding from the Blue Fund must strictly comply with all applicable legal and administrative obligations in force.

Failure to comply with these obligations will result in the project being deemed ineligible.

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Government Right of Refusal

The Government reserves the right to refuse any project that does not comply with the Blue Fund Special Conditions.

Request for Information

For any request for information, please contact the Blue Fund department via the contact form below or by telephone on +377 98 98 96 55.

Our team is available to answer your questions and support you in your co-funding application process.

Further resources

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FlashUP – Tool Box

This toolbox offers practical factsheets, guides and real-world case studies to help you understand the challenges of digital transformation and take action. Clear and accessible, it helps you integrate solutions such as artificial intelligence and turn your ideas into practical applications.
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AI programme

Discover a course dedicated to artificial intelligence to understand the key issues, identify practical use cases and take action at your own pace.
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The Extended Monaco Entreprises programme

Extended Monaco Entreprises (EME) is a government initiative designed to support Monegasque businesses in their digital transformation, helping them to become more efficient and competitive through digital technology. Find out more about the EME programme and take action now.
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FAQ

Consultez la FAQ du programme EME pour trouver rapidement des réponses claires aux questions les plus fréquentes et vous accompagner dans votre transformation numérique.