Get up to $15,000 to Boost Your Business Technology QUALIFIED CDAP DIGITAL ADVISOR
The Boost Your Business Technology Grant
The Government of Canada, as part of the 2021 federal budget, announced the Canada Digital Adoption Program (CDAP). The goal of the CDAP program is to support small and medium-sized enterprises (SMEs) to meet the challenges of the digital age and reach their full potential. Eligible businesses can leverage this grant to pay for the services of a digital advisor (who has to be pre-approved for this by the gov’t). These advisors will work with companies to recommend digital pathways and strategies to help them achieve their business goals and increase their competitiveness in the digital economy.
The grant covers up to 90% of the eligible cost of retaining the services of a digital advisor (that’s us!), up to a maximum grant value of $15,000, to develop a digital adoption plan. Businesses also have the opportunity to secure up to a $100,000 0% interest loan from the Business Development Bank of Canada (BDC) to facilitate the acquisition of new technology. You can also apply for a wage subsidy of up to $7,300 to hire a student or recent graduate to help achieve your digital adoption goals through a funded work placement program.
If you’re interested in learning more about this, Marketing Guardians is an approved CDAP Digital Advisor and can help you apply for the grant if your business qualifies and can build your Digital Adoption Plan. CCA and Marketing Guardians are working together to bring a Q&A session in the near future.
Please take a moment to watch the video below with a short description from Stephen Ramkissoon, Managing Director of Marketing Guardians.