CDAP
Canada Digital
Adoption Program
Empowering Canada’s Future: Bridging the Digital Divide with CDAP
Canada Digital
Apply for up to $15,000 in CDAP Grant Funding and up to $100,000 interest free loan.
The Canada Digital Adoption Plan (CDAP) is a federal government grant program introduced in 2021, specifically designed to assist small to medium-sized businesses (SMEs) in enhancing their digital technology capabilities.
$15,000 Grant
$100,000 Loan
0% Interest
5 Years Term
Take advantage of the CDAP grant funding and propel your business towards digital success
Apply today and unlock the opportunities awaiting you in the digital realm.
What Is The $15,000 Grant For?
The grant is for hiring a Digital Advisor to develop a Digital Adoption Plan and not for the implementation of technology solutions, that’s where the 0% interest loan comes in. Our team of CDAP-approved experts is here to guide you through the process of accessing the Boost Your Business Technology grant, offering up to $15,000, as well as subsequent interest-free loans of up to $100,000 from the Business Development Canada (BDC) for implementing your digital adoption plan.
What is the Boost Your Business Technology Grant?
The Boost Your Business Technology grant is focused on providing support to Canadian-owned SMEs aiming to adopt new digital technologies.If your company is eligible for this grant, you’ll gain access to a marketplace of digital adoption experts who can assist you in developing a customized digital adoption plan to suit your specific needs.
You can utilize the grant to cover our services as your digital advisor. We work closely with businesses, recommending digital pathways and strategies to help achieve your business goals and stay ahead in the digital economy.
Why a grant for just a plan?
Implementing technology solutions without a plan in place happens all too often and unfortunately businesses that do so rarely see the ROI they were expecting.
The role of your digital advisor is to understand all of your business needs then develop a plan that identifies the right technologies to solve your problems.
You have a business plan, now it’s time to incorporate technology into that plan.
Boost Your Business
The Boost Your Business Technology grant covers up to 90% of the eligible cost of retaining the services of a digital advisor, with a maximum grant value of $15,000 per SME, to develop a digital adoption plan.
Additionally, your business may have the opportunity to secure a 0% interest loan from the BDC, facilitating the acquisition of new technology. You can also leverage the assistance of talented post-secondary students and recent graduates through subsidized work placements.
Application Process
Once ISED has confirmed your eligibility under the program and provided you with a unique link, you will be directed to complete an online form on bdc.ca to make your loan request.
Your business must also meet BDC creditworthiness requirements to obtain financing. Certain conditions apply. Upon completing the BDC application form, you will receive a notification from BDC regarding the status of your loan request.
Main Reasons Business Owners Do Not Get Great Value Out Of Digital Solutions
Lack of Direction
There are many books, courses and other forms of education available about Digital Transformation for enterprise organizations and government. However, there is literally nothing practical available for business owners.
Lack of Resources
Internal IT or the Managed Service Providers are focusing only on the technology part of the digital transformation projects. The organizations are left on their own to figure out how to use those systems with daily frustration.
Lack of Expertise
Most consultants that can create a digital transformation plan are very expensive and have mostly enterprise experience that won’t scale down to small and medium-sized enterprises (SMEs).
Take advantage of the CDAP grant funding and propel your business towards digital success
Apply today and unlock the opportunities awaiting you in the digital realm.
Funded Work Placement
Businesses can hire recent graduates or students to help achieve their digital adoption goals, receiving a wage subsidy of up to $7,300 through the funded work placement program.
Visit the CDAP Website
For more information on CDAP and the various benefits it offers, please visit the CDAP website.
Apply today and unlock the opportunities awaiting you in the digital realm.
Business Development Canada (BDC) Loans
If you're ready to implement your digital adoption plan but lack the necessary funds, you can apply for a zero-interest loan of up to $100,000 from the BDC.
Benefits of BDC Loans
- Interest-free loan of up to $100,000
- Convenient online application process via the unique link provided by ISED
- Flexible terms with a 5-year term and 12-month capital postponement (total of 6 years)
- No fees
- Convenient application deadline – you have 1 year from the completion of your approved digital adoption plan to make a loan request.
When to Apply ?
You can apply under two scenarios:
- If you've completed a digital adoption plan under another recognized digital adoption program and submitted it to ISED.
- If you've completed a digital adoption plan as part of the CDAP program and received a disbursement of your grant.
The Scope of the Fund is to Get Direction on the Following Areas
Stay Competitive
How to enable employees to work remotely, move the IT infrastructure to the cloud, implement cloud workspaces, enhance team collaboration and connect with clients.
Reduce Costs
How to leverage business applications to improve productivity by efficient document management, electronic signature, online accounting and reporting systems.
Increase Revenues
How to incorporate innovative web presence, reach your clients online, differentiate your brand, build customer relationships and create a seamless buying experience.
FAQ’s
Digital adoption refers to the use of digital technologies to enable organizations to better engage with customers, improve operations, and create new products and services. CDAP is a framework for implementing digital adoption initiatives. It provides a set of tools and methods for assessing needs, designing solutions, and measuring success.
The benefits of digital adoption include:
• Improved communication and collaboration between employees and customers
• Ireased efficiency and productivity
• Enhanced customer satisfaction
• Improved decision-making
• Increased competitiveness
- Check if you’re eligible
- Apply for business grant
- Get approved for the progr
- Choose your digital advisor
- Get started with your digital adoption plan
The Government of Canada has outlined four mandatory criteria for eligible applicants:
- Incorporated at the national or provincial level; or be a Canadian resident sole proprietor.
- Privately-owned for-profit entity
- Maximum 499 full-time equivalent employees
- At least $500,000 and not more than $100 million in revenue in one (1) of the past three (3) tax years.
