1. The SME Program is designed for startups, small, and medium businesses that require:

   • Design or development of digital tools such as apps, websites, and tech tools. This semi-granted program allows participants to pay only 50% of the value, with the remaining cost covered by the BøthOfUs Fund.
   • A strong revenue generation model or business model review.
   • Access to grants and funds, with BøthOfUs facilitating connections with investors and collaborating with SMEs to apply for funding.
   • Support for expansion into the US, EU, or Australian markets.
   • Development of a robust company strategy.

   The SME Program is a co-funded initiative run by BøthOfUs and EU organizations

To be eligible for the program, the startup, SME, or organization must demonstrate a need for funding and/or digital solutions. This includes needs such as creating an app, website, AI, ML, branding, or design.

As a startup or SME, you will receive up to 50% of the expenses related to the development of software or digital solutions.

For example, if you wish to create an app or website and the market value for this development is €50,000, under this grant program, BøthOfUs will cover €25,000 of the expense and will also undertake the creation of the app or website valued at €25,000. In exceptional cases, companies may receive a digital development grant covering up to 75% of the costs.

Please note, the funds will not be disbursed directly; rather, they will be utilized for the development of the digital solutions

No, BøthOfUs will not take any equity from participating SMEs in this EU program.

BøthOfUs has already received funding from the EU and private investors in the EU and USA for implementing the program. The goal of this program aligns with the EU’s objectives of digitalization and digital transformation.

In the long term, if a startup or SME creates significant social impact on a large scale, BøthOfUs may consider becoming an equity investor, with potential funding of up to €1 million

No.

Yes, you can participate. However, the company must be legally registered to receive any funds.

Yes, startups and SMEs from all countries are eligible to apply.

We plan to support 6 companies in Summer 2025 from Finland

Phase 1 of the program lasts 1 to 2 weeks.

Phase 2 of the program lasts 3 to 12 months, depending on the app or website that the startup or SME wants to create.

The participating startup/company is required to commit to weekly participation and meetings for the purpose of discussing and defining project scopes.

As the due diligence step, express interest for participation in the form here. (Kindly, attach any information about your company such as slides/presentations).

Then you will receive the confirmation if you are selected or not in the email. If you are selected, then next steps will start. 

Please send an email to info@bothofus.se or keep it simple by sending whatsapp/Telegram/Viber message or call to number +46768688418
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