Are you looking for ways to invest in your business and stay ahead of the competition? Investing in digital adoption technology could be just what you need.
The Canada Digital Adoption Program (CDAP) offers 2 grant opportunities that can help with the cost of implementing digital solutions, leading to improved efficiency, productivity, and competitiveness.
The Canada Digital Adoption Program (CDAP) offers a transformative digital solution to small to medium-sized businesses, enabling them to embrace innovation and emerging technologies. As the pandemic has made it increasingly difficult for businesses to function in a traditional sense, digital transformation has become an essential survival tactic for many. To support this objective, the Government of Canada implemented the Boost Your Business Technology Grant offering up to $15,000 to cover the costs of hiring a digital advisor to plan the transformation journey and a 0% loan of up to $100,000 to implement it.
The CDAP digital advisor can guide you through the complexities of digital transformation, assisting with everything from identifying areas of inefficiency to designing custom-tailored solutions. The grant has the potential to provide small businesses with the vital resources required to remain competitive in the global market and adapt to the ever-changing digital landscape.
Visit the ISED website and click on the "Apply Now" button to start your CDAP grant application. You will need to provide basic information about your business, such as your legal name, business number, and contact details.
To be eligible for the CDAP grant, you must work with an approved CDAP digital advisor to create a digital transformation plan. They will work with you to identify your business needs, potential digital solutions, and advise on implementation strategies.
Along with your plan, you must include your invoices from your digital advisor. 90% of the fees (up to $15k) for the services provided by the CDAP advisor will be reimbursed with the funding your business receives through this grant.