Canada Digital Adoption Program (CDAP)
Access up to $15,000 in government funding to boost your business technology.
The Canada Digital Adoption Program (CDAP) is offering $4 billion in total funding to help small to medium-sized businesses embrace digital transformation. Through the Boost Your Business Technology grant, successful applicants can access up to $15,000 to retain Awareness Strategies as their Digital advisor and offset the costs of planning their transformation journey.
Let's begin your transformational journey:
As experts in Digital Marketing Technology, our digital advisory team focused on small businesses between 1 and 20 Million dollars in revenue. Awareness Strategies is the perfect partner to help you make the most of this opportunity.
The digital marketing landscape is international and we understand the challenges and opportunities that come with that.
And, more importantly, we understand how to help you succeed.
How we can help you
Whether you want to increase your market share, improve your internal operations, or get better insight into the factors driving your business efficiencies, we can help you get there.
CDAP Grant eligibility assessment
Review the funding criteria with a qualified advisor to determine whether you qualify, and which stream would be best for your business.
Review solution options
Find platforms and capabilities that will support your budget and business objectives — and create a cost / benefit analysis of your top options.
Grant application support
Complete your application with the help of an Awareness Strategies Digital advisor who can help maximize your funding and the likelihood of approval.
Strategy and Roadmap
Design a comprehensive digital strategy with steps, timelines, and resources to achieve your near- and long-term transformational objectives.
Business needs assessment
Review your operations, current technology, and business strategy to identify where you can benefit from digital transformation — and what to prioritize.
Do you qualify for funding?
The Government of Canada has outlined four mandatory criteria for eligible applicants:
What does it take?
- You will be asked to provide basic information in the initial application
- You will be asked to assess your business' digital readiness by completing a digital needs assessment
- The digital needs assessment tool will generate a report outlining your company's digital maturity and compare it to an industry-specific benchmark. You may share this report with your digital advisor later in the process
- Once you've completed your digital needs assessment, you will be able to find a digital advisor to develop your digital adoption plan
- You will access CDAP's Digital Advisor Marketplace and select a digital advisor you would like to partner with to develop your digital adoption plan.
- You and your digital advisor will then agree on the terms of work, and final cost for creating the digital adoption plan.
- When your digital advisor has completed your digital adoption plan, you will then submit it to process the grant payment.
Evaluate your digital maturity
The first step in helping your business thrive in a changing business landscape. Assessing your business maturity is an important step to help identify where your business stands in terms of digital advancement.
Reasons to assess your digital maturity
- Identify your current digital capabilities and needs
- Define your digital roadmap
- Discover potential improvements
- Evaluate and prioritize investments
Funded work placements will be an integral part of the Boost Your Business Technology grant. Students or recent graduates can be hired by firms undertaking digital transformation to help businesses achieve their digital adoption goals.
Businesses will receive a wage subsidy up to $7,300 to hire talent through the funded work placement.
Zero interest loan from BDC
Once the Roadmap is completed, you can move forward on your digital adoption plan. But you may not have the necessary cashflow to implement the recommendations you received? BDC can help you.
Financing you can use to implement your digital adoption plan
- Affordable and convenient
- Up to $100,000 loan
- 0% interest loan
- Online application
- Eligibility
- Business revenues between $500,000 and below $5M: you can request a loan between $25,000 and $50,000
- Business revenues $5M and more: you can request a loan between $25,000 and $100,000
- Flexible terms
- 5-year term with 12-months 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.
Application
Your business meets one of these two scenarios. You've completed a digital adoption plan:
- under another recognized digital adoption program and submitted it to ISED
- as part of the CDAP program and you received disbursement of your grant
Note: you can only access this application form via the unique link ISED will provide you.
Next steps for the loan request
Once you have asked ISED to qualify your eligibility under the program and received an email from ISED with your unique link, you will get access to complete an online form on bdc.ca to make your loan request.
Note: Your business must also meet BDC creditworthiness requirements to obtain financing. Certain conditions apply.
Once you have completed the BDC application form, you will receive a notification from BDC with the status of your loan request.
Funded work placements will be an integral part of the Boost Your Business Technology grant. Students or recent graduates can be hired by firms undertaking digital transformation to help businesses achieve their digital adoption goals.
Businesses will receive a wage subsidy up to $7,300 to hire talent through the funded work placement.
Get Boosted!
Apply for Boost Your Business Technology Grant Today!