Blog

Innovation in practice: IT projects financed by EU funds.

5
min read
Down arrow button

Blog >

Innovation in practice: IT projects financed by EU funds.
Case Study

SKM Group specialises in the area of IT projects and has been successfully involved in innovative projects funded by the European Union for years. Often this is a comprehensive activity, involving not only IT support, but also the full range of activities, from advice on writing the application to preparation for the audit.

Our projects, often related to innovative mobile platforms and applications, have already had many successes. Bringing the European Union into this financial ecosystem plays a key role in supporting our innovative ventures.

Why are IT projects key to economic development?

Today, IT is a strong catalyst for economic development. It is important to realise the role that IT projects play in this context. The effective use of funds provides key support for the development of projects whose innovation drives the growth of the entire IT industry.

IT projects implemented using EU funds allow companies to leapfrog their competitiveness. The implementation of modern IT solutions makes it possible to manage resources more efficiently, optimise business processes and respond more quickly to changing market conditions. This in turn translates into the ability to compete both nationally and internationally.

Investing in IT projects funded by the European Union is also an investment in human capital. These projects often require new skills and specialist knowledge, which stimulates the development of employees' competencies. Training and education programmes, often supported by EU funds, allow employees to develop in a rapidly changing technological environment.

Innovative IT projects have the potential to generate new jobs, creating demand for specialists in IT, programming or data analysis. Increased business activity in the IT sector supported by EU funds contributes to the creation of highly specialised jobs, which has an impact on the development of local labour markets.

The importance of EU funding for the development of projects in the IT sector

Projects implemented with the support of EU funds are not only a catalyst for innovation, but are also an invaluable source of revolutionising the customer experience, helping to transform the way businesses interact with customers across industries. Our experience in the field allows us to look at these transformations from a practical perspective, showing how EU Funds are revolutionising IT projects.

Creating innovative solutions - EU funds provide strong support for IT projects, enabling the introduction of innovative solutions that redefine standards in the field of information technology. Thanks to these funds, our company has had the opportunity to implement projects that not only responded to existing customer needs, but also anticipated future challenges, creating modern solutions adapted to the dynamic nature of the market.

New approach to customer service - projects funded by the European Union enable us to introduce a new approach to customer service, based on advanced technologies and personalisation of the user experience. Thanks to these innovations, our IT projects are able to adapt to individual customer needs, resulting in higher satisfaction and loyalty.

EU competitions as a unique funding opportunity - EU competitions not only provide funding, but also open the door to a wide range of opportunities for IT projects to expand into new areas. By introducing a competitive element, these competitions foster the most innovative ideas while motivating excellence in project implementation.

Fostering innovation and technological development - EU funding is fundamental to fostering innovation and technological development. Our projects have had the opportunity to benefit from the latest technologies, which has improved the quality of services provided and increased competitiveness in the market. EU support is becoming a key factor to explore new areas and future trends.

Specificities of EU competitions - stages of project submission

Writing a proposal for an EU competition is a crucial moment that requires precision and insight. The best thing to do at this point is to use the services of a consultancy that specialises in writing proposals and accounting for externally funded projects.
However, our experience in submitting proposals has allowed us to identify the key elements that attract the attention of the evaluation committee.

  1. Preparation of the application
  • Project objective, i.e. a clear formulation of the project goals, aimed at solving specific problems or filling existing gaps in the market.
  • Innovation where it is important to highlight the uniqueness and innovativeness of the project. Outlining how the project will bring innovative solutions to the market, contributing to the development of the IT industry.
  • Roadmap where it is important to indicate in detail how the project will be implemented from start to finish. Defining the steps, deadlines and resources involved.
  • The project team capturing the competencies and experience of the project team members. Indicating why a particular group of people is best placed to deliver the project.
  • Challenges and risks i.e. consciously outlining the potential challenges and risks of the project and proposing effective strategies to manage them.

  1. The criteria for evaluating projects in EU competitions are varied and cover a variety of aspects. It is crucial to understand which indicators determine the success of a project.
  • Relevance - assesses the extent to which the project is in line with the objectives of the funding programme and how effectively it addresses an existing market or societal need.
  • Quality of the proposal - assesses the readability, logic and compliance of the proposal with the requirements of the competition. The clarity of the presentation of the project objectives and strategy is important.
  • Innovation -assesses the degree of innovation of the project and the potential of the solutions introduced to the market.
  • Feasibility - an analysis ofwhether the project is technically, financially and organisationally feasible. This requires a well thought-out implementation plan and a sound assessment of resources.
  • Impact - assessing the potential impact of the project on the industry, community or other areas. Measuring what benefits it brings to different stakeholders.
  1. Budget and Business Plan, are the cornerstones of project evaluation. It is crucial to understand which aspects are critical for a positive evaluation
  • Key expenditure items should be explained, showing what the EU funds will be used for. Clearly justify each item of expenditure.
  • Funding sources should be presented, both EU funding and any own contributions. Clarity in the financial structure of the project.
  • Sustainability of the business plan - demonstrate how the project will be sustainable after EU funding ends. Indication of potential sources of income once the project is completed.
  • Indicators of success - clear and measurable indicators of success should be defined to assess the effectiveness of the project and the achievement of the objectives.

What support do we offer for IT projects funded by the European Union?

We are proud of our long-standing commitment to handling IT projects funded by the European Union. Our company has gained extensive experience in a variety of projects, including not only IT support, but also comprehensive support, from proposal writing to full implementation and progress monitoring. We offer comprehensive support at every stage, being aware of how crucial EU Funds are for the development of innovative ventures.


We implement IT solutions that are precisely shaped according to the specific specifications presented in the application for funding. We offer advisory support in the selection of technologies tailored individually to the nature of the project. We have the ability to implement functionality effectively, with a view to meeting the requirements of the controlling bodies. Our ability to work with the application allows us to extract key content and relevant information. We are aware of the importance of innovative functionality, understanding that the success of a project depends largely on the precise implementation of this element.

Acting as a partner for your innovative project, SKM Group offers comprehensive assistance in the implementation of projects financed by European Union funds. Our experience, knowledge and focus on customer success make us an ideal partner for companies wishing to effectively use the potential of EU funds to develop innovative IT ventures.

If you have questions about our EU-funded projects or need support, please use our contact form, where our expert will dispel all your doubts https://www.skmgp.com/pl/contact

About The Author
Izabela Węgrecka

Izabela is a Project Manager and Scrum Master with 6 years of experience in the IT industry. She has experience in leading diverse projects and effectively managing teams. She's a leader with the ability to create cohesive and efficient teams based on Scrum values. Regardless of the project's scale, she's able to establish a dynamic environment where collaboration, innovation, and delivering valuable products take precedence.

Comments

There are no comments yet. Be the first to leave one...

Write a comment:

Oops! Something went wrong while submitting the form.