Eternity Law International News The Digital Europe Programme: overview

The Digital Europe Programme: overview

Published:
September 12, 2022

The Digital Europe Programme is an innovative EU financing program launched with the purpose to bring DLT to individuals, legal entities, and public administrative bodies. It tries to cover many facets including how to make the European Union more ecologically friendly and more digital – these two pillars are probably the most challenging for our century, and our success in implementing them will determine our future.

Main objectives of DIGITAL

The EU Commission started to make the EU greener via its Green New Deal. Simultaneously, it is initiating dialogs around the movement to a more digitalized era.

Digital innovations play an essential role in our day-to-day lives and commercial climates. We trust them when communicating, working, advancing science, and addressing existing ecological issues. The COVID19 pandemic emphasized not only how much we are contingent on access to our technologies, but also how significant it is for the European Union not to depend on solutions emerging from other parts of the world. The global aim to create the individual way for reaching this purpose is DIGITAL.

The EU Program will ensure financing to address these issues, by promoting new projects in 5 main domains:

  • high-performance computing,
  • AI,
  • online security,
  • strong digitalized skills, and
  • a broad variety of usage scenarios for blockchain, including through EDIHs – one-stop-shops supporting companies to respond to digital challenges and gain more advantages over its competitors.

With a projected total financial plan of 7,5EUR billion, the EU program is committed to accelerating the financial recovering and reshaping the “digital rebirth” of Europe’s society and economies, creating a win-win situation for everyone, particularly SMEs.

DIGITAL is not a stand-alone project; it will collect the funds through other programs. It constitutes an element of the next EU financial plan for 2021-2027.

Showing solidarity with Ukraine

On September 5, 2022, the Commission signed an agreement to associate Ukraine with the Digital Europe Programme. This means that Ukrainian companies, organizations, and public administrative bodies will be eligible to access the calls from the DIGITAL for the 2021-2027 period.

Particularly, Ukraine will have a possibility to apply for financing and support for projects in key fields that are mentioned above. In addition, EU financing is also accessible to Ukraine via other EU programs, for instance via Horizon Europe.

Please contact us to get more information.

You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Ready-made companies”, “Banks for sale” and “Licenses for sale”.

You could be interested

PI license in Cyprus

Cyprus is a profitable territory for conducting business in the field of monetary services. A favor provider may give payment favors provided that they have obtained a PI permission from the bank of Cyprus. That is, the enrollment of such a company in Cyprus clearly requires a permission for this type of activity. The CBC...

White label PSP: the beginner’s guide

Payment service providers or PSPs are one of the most important elements of the virtual payment transaction mechanism in general. Thanks to the existence of such companies, users can pay for goods on the Internet, accept money transfers and send funds, pay for various services, and so on. This is already firmly entrenched in our...

Company registration in Poland

Poland is developing quite dynamically. It is a European country with EU membership and offers its residents and foreign visitors a high social level, a loyal fiscal system and a welcoming, friendly atmosphere. And this is not a complete list of the advantages of Poland as a jurisdiction for creating a business. You can register...

How can a foreigner become a citizen of Ukraine?

There are some categories of people who can count on the citizenship of our country in the first place. These are those born in Ukraine, children of Ukrainians, artists, scientists, refugees. Requirements for applicants of various categories: Stateless persons – 3 years of residence in Ukraine (Knowledge of the state language, official income, immigration permit);...

DARE license in Bahamas

In 2019, Bahamian official body performing control over securities introduced Bill DARE 2019 for cryptocurrencies and cryptoexchanges regulations. This regulatory act establishes provisions for control of trading operations with virtual tokens. Additionally, law also regulates activities of firms offering intermediary bases in this direction. The DARE license in Bahamas gives rights to carry out activities...

EMI and PI license in Spain

To date, Spain is a country with best and most optimal conditions for doing business related to fiscal services. Jurisdiction directs all exertions to expansion of this industry. E-money and payment institution license in Spain allows you to authorize a PSP in a jurisdiction and take advantage of certain tax benefits, which will help to...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Tallinn

Kesklinna linnaosa, Tuukri 19

Riga

Esplanade, 7 floor

Vilnius

Gediminas Avenue, 44A

New York

New Rochelle, Huguenot St, 175

Sydney

20 Martin Place

Singapore

3 Fraser Street, #08 DUO Tower

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7