Is the Canada digital adoption program for you?
Access grants and expertise to transform your business. Do you own a small or medium-sized Canadian business? Get a grant and access to expert advice to increase online sales, reduce costs, better manage inventory, and more. We can help with the Canada Digital Adoption Program.
The Canadian Government has recently announced two grant programs aimed at helping your small or medium-sized business get online, establish eCommerce, and use technology to build your business.
The Canada Digital Adoption Program (CDAP) consists of:
The Grow Your Business Online Grant
The Grow Your Business Online Grant gives you up to $2,400 to set up e-commerce and grow your sales online. Use the CDAP grant assessment tool to see if your business qualifies.
You can get funding through CDAP if your business:
- is a for-profit business (including for-profit social enterprises and co-operatives)
- is registered or incorporated
- is consumer-facing (sells goods and services directly to end consumers)
- has at least one employee (other than the owner) OR had at least $30,000 in annual revenue in the most recent tax year
- commits to maintaining a digital adoption strategy for six months
- agrees to participate in follow-up surveys, share data about the experience, and have its name published as a grant recipient
The Boost Your Business Technology Grant
The Boost Your Business Technology grant gives you up to $15,000 to get advice and up to $100,000 in interest free loans from the Business Development Bank of Canada (BDC) to implement the technologies that can propel your business forward.
Is your business Looking to increase productivity? Need to consolidate your back office software? Need better cybersecurity tools? With a plan tailored to your business, this grant can help with your digital transformation.
You’ll have access to an expert digital advisor who will help you develop a plan tailored to your business needs.
The CDAP Boost Your Business Technology grant helps SMEs:
- reduce overhead costs
- speed up transactions
- respond to clients more quickly
- manage inventory more efficiently
- improve supply chain logistics
You’re ready to apply if:
- you’re an owner or director (or are authorized by the director)
- your business:
- is Canadian-owned
- is for-profit
- has 1 to 499 employees
- has had at least $500,000 in annual revenue in 1 of the last 3 years
You can apply in 4 easy steps!
Step 1: Create your account.
Step 2: Confirm your eligibility.
Step 3: Work with a digital advisor to develop your digital adoption plan.
Step 4: Submit your digital adoption plan to receive your grant payment.
Are you eligible?
Consult the program guide for terms and conditions.
Final
Thoughts
We think this is an excellent initiative and encourage you to take a look at the Program Guide and apply if it’s something you’re business may benefit from!