Consulting checks, a good resource for SMEs in the Balearic Islands

Until April 22, 2024, IDI aid can be requested in the form of consulting checks. We defined this program as it is now in my time as manager of the IDI, the business innovation institute of the Balearic Islands, and I am glad that it has not only been consolidated, but that it has also been expanded into new check modalities and in the applicants profile.

In my opinion, it is very important that SMEs can incorporate external knowledge in matters in which they cannot be specialists, such as internationalization, digitalization, excellent management or carbon footprint. These checks are a subsidy that finances the payment of specialist consultants to incorporate knowledge about these areas in the organization, depending on the area that interests the organization. The incorporation of knowledge occurs when there is a need to make an action plan, because to make a plan, you need a diagnosis, and as a business person or manager, the diagnosis questions are a good source of knowledge, and the action plan proposal orders and includes initiatives that the person surely had not thought about.

The checks were originally conceived exclusively for industrial IAE companies, and have progressively been expanded to sectors related to the industry.

The amount of the checks subsidizes 90% of the 60 consulting hours contracted in the first year, and 80% in the following two years, which gives scope to industrial companies that want to start a journey in the areas of digitalization, sustainability, management or internationalization to incorporate the knowledge they need.

Hopefully the IDI contribution will help companies improve their capabilities and optimize their investment based on the knowledge acquired.

Ask me if you want to request your check, maybe I can help you.