Get $15,000 of government funding for your business with a CDAP Advisor.
We are certified Canada Digital Adoption Plan Advisors who can help unlock up to $15,000 of advisory work and up to a $100,000 interest-free loan to digitally transform your business.
What is the Canada Digital Adoption Program?
The Canada Digital Adoption Plan (CDAP) is a Federal Government initiative which is intended to help small and medium-sized businesses boost their e-commerce presence, and run their businesses more effectively through digital technology.
The CDAP aims to accomplish this goal by providing $4 billion dollars in total funding to small and medium-sized businesses who want to adopt new digital technologies.
How can my business use CDAP?
Digital Action Grant
Provides your business with a grant to cover most of the cost of hiring a Digital Advisor, like us, to prepare a Digital Action Plan. The grant will cover 90% of the cost of the Digital Action Plan, but to a maximum of $15,000 in grant funding.
Funded Work Placement
Applicants who retain a Digital Advisor, like us, to prepare a Digital Action Plan for their business will then be eligible for a wage subsidy grant of $7,300 to cover the cost of hiring a university student or recent graduate to help implement the full part, or portion, of their Digital Action Plan.
Interest-Free Loan from BDC
Applicants who retain a Digital Advisor to prepare a Digital Action Plan for their business will also be eligible to apply for an interest-free loan from the BDC. If the applicant’s revenues are between $500k-$5M, they can request a loan of up to $50k. If the applicant’s yearly revenues exceed $5M, they can request a loan of up to $100k. These loans are completely interest-free and have a six-year repayment term with no repayments during the first year.
Grow Your Business Online Program for Businesses under $500k in Revenue
For SMEs with less than $500,000 in revenue, It provides such applicants with a micro-grant of $2,400 to help cover costs relating to the adoption of digital technologies. This stream does not provide any additional funding to cover the cost of developing a Digital Action Plan.
How we can help your business.
Business Needs Assessment
We will look at your business holistically and assess your challenges in getting to where you want to be and use technology as a tool to help get you there. We are vendor agnostic in our approach and look for aligning your business with the right vendors and technology stack.
Digital Strategy Roadmap
We will help conduct technology vendor research, interviews, and evaluation to determine which technology is appropriate for the right stage and scale of your business. This will help your business in budgeting and financial forcasting as you grow.
Digital Adoption Plan
We will help your business in formalizing a digital adoption plan that you can roadmap over the next years of growth and submit for additional eligibility of up to a $100,000 interest-free line of credit from the BDC.
Grant Eligibility Assessment and Application Support
We help your business with assessing your grant eligibility criteria and ensure your application is submitted with the highest chance of success.
Adoption Plan Execution
Not only are we your trusted advisors, but we also help prove your plan by helping execute. We are vendor agnostic and multi-disciplinary technologist with a proven track record in helping small to mid-sized Canadian businesses succeed.
Who is eligible?
The Government of Canada has outlined four mandatory criteria for eligible applicants to apply for The Boost Your Business Technology grant.
Incorporated at the national or provincial level; or be a Canadian resident sole proprietor
Privately-owned for-profit entity
Maximum full time equivalent employees of less than 500
Not more than $100 million or less than $500,000 in revenue in the last 3 tax years
We are a certified CDAP Advisor. Let us help you with your application eligibility.