The Monaco Government is taking its digital revolution to the next level with the launch of phase two of the Fonds Bleu, or the Blue Fund, initiative. This ambitious program is set to spark innovation and provide fresh opportunities for local businesses to thrive in an increasingly tech-driven world.
Initially introduced in late 2020 as a response to the economic challenges of the pandemic, the Fonds Bleu has already made a major impact. More than 700 businesses have embraced the program, with €52 million invested in digital transformation projects and €24.3 million given as direct support. Local digital service providers took the lead in over 90% of these projects, strengthening Monaco’s homegrown tech scene, while more than 3,500 professionals gained new skills through specialised training.
Now, the government has announced that Fonds Bleu is evolving beyond economic recovery to focus on pushing businesses toward greater digital sophistication. This next chapter promises to help companies explore advanced technologies and find innovative ways to grow, creating a competitive edge in the digital marketplace.
Health and data security are also taking centre stage in this new phase, with the introduction of the MonacoSanté Sécurité plan. Designed in collaboration with the Department of Social Affairs and Health, it will address one of the most pressing issues of the digital age: safeguarding sensitive health data. By enhancing security and building trust, this initiative aims to open new doors for innovation in Monaco’s healthcare sector.
The second phase of Fonds Bleu offers Monaco’s businesses the chance to embrace cutting-edge digital tools, elevate their competitiveness, and ensure they stay ahead in a rapidly changing global economy. The Principality is doubling down on its commitment to creating a dynamic and digitally advanced business environment.
For more information, visit Plus eme.gouv.mc / monacosanté.mc
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