Skip to content
ONE DIGITAL

You don’t need the full amount today to start your digital transformation.

Funding options for digital transformation projects for companies and organisations in Syria

Many business owners put off digital transformation because they imagine it needs a large sum all at once. In reality there are several ways to fund it, the simplest being to split the project into phases where each one funds the next. This article sets out the options generally available, the advantages of each and what to watch out for.

Cost and ROI 6 min read

By Nour Aldein Tleti. Updated .

Editorial facade pattern dark

How do you fund a digital transformation project if the full budget isn’t available?

The safest option is phased self-funding: you start with a small phase and fund the next from its savings. You can also negotiate instalment payments with the provider, bring in a partner or investor, or draw on contributions from family members abroad. NGOs and associations may fund their digital projects through grants or partner support, depending on each funder’s terms.

Main funding options

Phased self-funding
You start with low-cost quick wins and use the time and money they save to fund the next phase.
Staged payments or instalments
Some providers accept splitting the cost into payments tied to delivery, which eases pressure on cash flow.
Subscription instead of purchase
Turning a large cost into a periodic subscription reduces the need for an upfront sum, though you should keep an eye on the total cost over the long term.
A partner or investor
Bringing in a partner who funds the transformation in return for a share or a return is a possible option, but it needs a clear written agreement.
Contributions from family abroad
Some family businesses benefit from relatives abroad who contribute to funding or pay part of the cost, and this should be documented like any other funding.

Funding for NGOs, associations and institutions

Including transformation in donor projects
Some donors accept funding data-management and reporting tools as part of wider projects, if their impact on service quality and transparency is clear.
Capacity-building grants
Grants for institutional capacity building that cover systems and training may be available, with terms that differ from one funder to another.
Special pricing for organisations
Some technology companies offer discounted prices or support for non-profits, so ask about it directly.
Planning for reporting from the start
Funders usually need reports on spending and results, so make collecting that data part of the project design.

What to watch for in each option

Cost of financing
Instalments and subscriptions may raise the total cost, so compare them with paying directly.
Legal requirements
Funding from partners, from abroad or through donors may be subject to regulatory requirements, so check current local legal requirements before committing.
Currency
If funding comes in one currency and expenses in another, plan for conversion and exchange differences.
Sustainability
Make sure you can cover recurring costs after the initial funding ends, so the system doesn’t stop after launch.

Comparing funding options

OptionSuitsMain thing to watch
Phased self-fundingSmall and medium-sized companiesA clear split into phases and measurement of savings
Instalments with the providerThose who want to start without much cashTotal cost and late-payment terms
Partner or investorLarge projects and companies planning to expandA written agreement on shares, returns and decision rights
Contributions from family abroadFamily businessesDocumenting the contribution and clarifying expectations
Grants and support for organisationsAssociations and non-profit organisationsFunder conditions, required reports and sustaining costs after the grant

Read also

Frequently asked questions

Are there bank loans for digital transformation projects in Syria?

This changes depending on the banks and the regulations in force, so ask banks directly about the products currently available and their terms, and don’t rely on old information.

Can transformation be funded from savings alone?

Yes, if you start small. Quick wins such as fewer errors and faster collection free up money that can go into the next phase.

How do we convince a partner or investor to fund it?

Give them a clear baseline of what the current situation costs, a phased plan with measures, and a realistic estimate of the return without exaggeration.

Do donors accept funding digital systems for organisations?

Some do, when it is linked to better services, transparency or reporting quality. Read each funder’s terms, and ask the programme officer before writing the proposal.

Can anyone help us prepare a funding plan?

A financial adviser can, as can the ONE DIGITAL team, which includes Dr. Alaa Khoury, a specialist in economics, banking and accounting. They can help you split the project into phases and estimate the cost and return of each one.

Keep exploring

Need help with your organisation’s digital transformation?

Message ONE DIGITAL’s Syria branch on WhatsApp +963 936 503 899 or visit us in Hama. We’ll review your situation and suggest a practical first step.

WhatsApp Nour Aldein TletiCall +971 58 996 9118WhatsApp Syria branch +963 936 503 899

Discuss your project with ONE DIGITAL

Nour Aldein Tleti, Software Engineer & Digital Transformation Specialist
Nour Aldein Tleti

Software Engineer & Digital Transformation Specialist

Dr. Alaa Khoury, Economics, Banking & Accounting Specialist | Financial Analyst
Dr. Alaa Khoury

Economics, Banking & Accounting Specialist | Financial Analyst

info@onedigitalco.com

What do you need help with?
Add company details (optional)
Preferred contact method
WhatsApp
Call
Consultation