Get a $15,000 Grant to Boost Your Business Technology
Small Business Owner? Benefit from the Canada Digital Adoption Program (CDAP)
What is CDAP?
The Canada Digital Adoption Program (CDAP) is a Canadian Government Program that helps small and medium-sized enterprises (SMEs) adopt digital technologies to increase their competitiveness. Two grants are available under CDAP: Boost Your Business Technology Grant; and, Grow Your Business Online Grant.
What is the Boost Your Business Technology Grant and how does it work?
Eligible businesses will receive up to $15,000 for the Boost your Business Technology Grant - to have their digital adoption plan built for them by a CDAP-approved advisor, followed by a 0% interest loan of up to $100,000 to implement it. Under this digital adoption program, businesses can also receive a wage subsidy of up to $7,300 to hire students or recent graduates.
What is Grow Your Business Online Grant?
The CDAP Grow Your Business Online Grant helps businesses get online and improve their digital presence, social media marketing, user experience for online customers, and more. With this CDAP Grant, your business can receive up to $2,400 in funding to help with costs related to adopting digital technologies.
What is a Digital Adoption Plan?
A Digital Adoption Plan is a roadmap that takes your business from where it is to where it needs to be by identifying digital technologies that will help you streamline your operations and increase your bottom line. It is a plan tailored to your business based on your priorities, strengths, weaknesses, and industry specifics.
More than just a plan produced by a consultant, a sound digital adoption plan is created by a CDAP-approved advisor who is an expert in identifying the best tools and digital solutions that will help your business innovate, adapt and stay competitive.
How Adept Marketing Solutions Helps Businesses with CDAP
We are proud to be a part of this digital transformation program and are dedicated to the success of Canadian small businesses. As your CDAP-approved digital advisor in Edmonton AB, working with Adept you will benefit from a top-to-bottom analysis to ensure that you will have a plan that will help your business stay competitive.
We start by assessing your business's current state of technology and identifying digital adoption opportunities. We document all insights, solutions, and implementation recommendations in a Canadian Digital Adoption Plan.
You can then use this Digital Adoption plan to secure up to $100,000 with no interest fee to implement digital solutions included in this plan.
Are You Eligible for CDAP Funding to Boost Your Business Technology?
Your business is eligible if:
· It is for-profit
· It is Canadian-owned
· It has 1 to 499 employees
· It has had at least $500,000 in annual revenue in 1 of the last 3 years.
*For more information regarding CDAP and eligibility criteria, please visit Innovation, Science, and Economic Development Canada.
How Businesses Can Apply for CDAP Funding?