The 'i4ms' initiative aims to support 200 small and medium-sized enterprises (SMEs) across Europe in harnessing ICTs to enhance their manufacturing capabilities and navigate the challenges of product development. It provides financial aid, access to new technology, and market opportunities, while also promoting a Digital Single Market strategy that improves cross-border access to digital goods and services. The initiative focuses on digital innovation hubs, leadership in digital platforms, bridging the digital skills gap, and adapting regulations to foster a competitive digital economy.