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Boost Your Business with a $15,000 CDAP Grant

The Government of Canada is offering grants of up to $15,000 through the Canada Digital Adoption Program (CDAP) to boost your companies’ technologies as well as an interest-free loan of up to $100,000.

What is CDAP?

The Canada Digital Adoption Program (CDAP), by the Government of Canada, helps small and medium-sized enterprises (SMEs) adopt digital technologies to increase their competitiveness. Through the Boost Your Business Technology grant, successful applicants can access up to $15,000 to retain a Digital Advisor and offset the costs of planning their transformation journey, followed by a 0% loan of up to $100,000. The loan has a 5-year repayment term with a 12-month capital postponement for a total term of 6 years.

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cdap-business-grant
GOVERNMENT

GRANTS & LOANS

CDAP is a Government Grant that will cover up to $15,000 for the development of a Digital Adoption Plan as well as a $7,300 Wage Subsidy to hire a student or recent graduate to assist in the implementation of the plan. Once your Digital Adoption Plan is completed by us, you can also apply for an interest free loan of up to $100,000 through the BDC.

$15,000

Up To a $15,000 Grant.

$7,300

$7,300 Wage Subsidy.

$100k

Up To a $100,000 Loan at 0% Interest (Repayment over 6 years).

What the $15,000 Grant Can be Used For

The CDAP program is designed to cover up to $15,000 of eligible costs of having a Digital Adoption Plan completed by a registered Digital Advisor. The services include:

Your Current State

Establishing and understanding the technologies you have in place today. Your strengths and weaknesses as well as the marketplace in which you compete.

Technology Analysis

Identifying technology upgrades or changes that will address some of the business’ technology short-comings helping your business gain a competitive edge.

Digital Strategy

Building a collaborative plan to a path forward to fulfil your business’ technology short- comings within your overall goals.

Implementation Roadmap

Summarizing high-level timelines, dependencies, and the costs, complexity and change in boosting your technology.

CDAP Eligibility

Is Your Business Eligible?

  • Your Business is Canadian owned.
  • Your Business is for-profit.
  • Your Business has at least 1 employee.
  • Your Businesses’ revenue has been at least $500,000 in one of the last 3 years.
Submit Application

What a Digital Plan can do for Your Business…

Reduce reliance on paper by implementing digital processes

Implement online dashboards to identify actionable insights

Implementation of CRM systems or ERP systems for integrating work flow

Integrate and automate your record keeping and accounting systems

Develop app's to help manage work flow between team members

And How Peartree Marketing Can Help You

Grant Qualification

Find out if your business meets the correct criteria.

Application Assistance

Assistance with Grant Application.

Create Roadmap

Evaluate and Create Digital Roadmaps.

Loan Application

Assistance with Loan Application.

Frequently Asked Questions

Yes, while it isn't a requirement, we can certainly do the implementation! We have helped many businesses evaluate their tools and look for how they can maximize their return on resources, with integrations, upgrading or simply using all the features available. There’s no obligation once the plan is complete.

ISED launched the Canada Digital Adoption Program with two streams; Grow Your Business Online (stream 1) and Boost Your Business Technology (stream 2). Boost Your Business Technology (Stream 2) was created to help eligible Canadian small to medium-sized businesses get expert advice on technology with a grant to support some of the costs associated with working with a digital advisor. The Boost Your Business Technology grant covers up to $15,000 of an eligible invoice for the development of a digital plan through a registered Digital Advisor. In addition, after the creation and acceptance of your Digital Adoption plan, businesses can apply for an interest-free loan of up to $100,000 through the BDC to move forward with your digital adoption and a wage subsidy of up to $7,300 to hire a recent graduate or student to help with your digital adoption.

Yes, they must all meet the eligibility criteria and operate separately from one another. You will also need to work with an advisor to prepare a unique digital adoption plan for each one.

You can expect your Digital Adoption Plan to be ready within seven business days after your designated agent has confirmed that they have all the necessary documents to begin creating the plan.

Your digital adoption plan is a comprehensive roadmap to identifying current challenges and opportunities for digital transformation. This roadmap is tailored to your needs, complete with expert recommendations, a cost-benefit analysis of industry-standard tools and platforms.

Your current loan with BDC should be fine with your application for CDAP. Although if you currently have an open financing request with the BDC, your application for CDAP may be affected.

Eligible companies may receive a zero- interest loan of up to $100,000 for 12 months of capital postponement + 5 years (total of six years). The amount of annual gross revenue determines the loan amount; please use the below pointers as a guide. - The company reported an annual gross revenue between $500,000 and below $5M is eligible for $25,000 to $50,000 - The company reported an annual gross revenue over $5M is eligible for $25,000 to $100,000

The funded work placement program provides a wage subsidy of up to $7,300 for hiring a student or recent graduate as part of your digital transformation and adoption initiatives. The funded work placement subsidy falls under the Boost Your Business Technology CDAP track, so you must maintain the same eligibility criteria to access funding. We recommend applying for this subsidy once you are ready to implement your digital adoption strategy since the $15,000 funding already provides expert advisory services.