The Government of Canada has launched the Digital Adoption Program that allows eligible small to medium-sized business enterprises and businesses to receive grants that will cover up to 90% of eligible costs for up to $15,000 to digitize their business. Businesses can be eligible via one of two streams and take part in this initiative through e-commerce implementations, digital marketing, investing in digital platforms and technologies to generate more business, and improving business operations for more profit and efficiency by making digital investments for your business.
STREAM 1: The Grow Your Business Online Grant of $2400
STREAM 2: The Boost Your Business Technology Grant of $15,000
As recognized Digital Advisors, we can help you benefit from this exciting program! If you meet the criteria for either stream, have more questions about the grants, or are interested in knowing how exactly your business can benefit, talk to us today!
CDAP, or the Canadian Digital Adoption Plan is a government initiative to help small and medium business enterprises grow their businesses by embracing digital technology. Eligible businesses can receive grants to help cover the costs of the digital undertakings. The program has two streams on offer serving the requirements of micro to medium-sized companies. This will help businesses to upgrade and enhance business digitally by implementing e-commerce tools, digital marketing, and investing in digital technologies to generate more sales and improve and automate operations. Businesses simply sign up for the grant, and if approved are required to submit a spending plan as per the streams category for approval by the certified team to receive the funds.
To learn more about CDAP, determine your eligibility, or sign up, visit:
CDAP can help your website improve by adding or upgrading functions to streamline operations. This can be in the form of adding e-commerce tools to help your business sell online, adding customer relationship management (CRM) systems such as customer data management to project sales and target leads, incorporating content management systems (CMS’s), and digital marketing avenues to promote your business online.
You can do any or one of the combinations of; search engine optimization (SEO), Google Pay-Per-Click (PPC) AdWords, social media marketing (both paid and organic), email marketing, & display advertising.
Businesses with revenue of a minimum of $30,000 and at least 1 other person than the owner are eligible for a $2400 grant in the Stream 1 category. Businesses must apply and submit a spending plan to CDAP and they can get approved and get the micro-grant funds into their accounts.
Businesses having revenue over $500,000 in a financial year are eligible and must have a digital adoption business plan created by a certified digital advisor, for which the government will fund 90% of up to $15,000. These enterprises can then apply for an interest-free and collateral loan of up to $100,000 over 5 years. The enterprises can also be approved for a $7300 wage subsidy as a hiring credit to add another employee. Businesses must do the application online on the cDAP platform to determine their eligibility. Once deemed eligible, they can choose a certified digital planner (Nirvana Info Com Inc) and work with us to create a digital adoption plan. Once businesses receive the completed plan, they are to submit it online to CDAP for approval. If they are approved, they will be eligible to apply for an interest-free digital adoption loan for the growth of their business of up to $100,000.
The process can take a few minutes or up to 30 minutes given they have the correct information on hand to submit.
CDAP may ask for names of owners, business registration numbers and other basic business-related information as required to assess your business which will need to be provided to get approved.
Yes, that also counts as a part of digitizing your business whether it is setting up a new website or revamping a current one to include digitization tools.
Yes, but only for their individual locations, conditions may apply. Visit Canada Digital Adoption Program (CDAP) | Official site for details.
CDAP is currently open with the Canadian government having invested $4 billion as announced in the 2021 budget plan and is positioned to modernize the Canadian economy while while creating thousands of jobs for young Canadians.
Once your digital adoption plan and application are approved you can expect to receive the funds in your account.
You must visit and fill in the online application to find out your eligibility