Receive a CDAP grant - $15,000 - to help your business digital transformation

Canada Digital Adoption Program (CDAP) provides funding to small and medium sized businesses (SMEs) to adopt new digital technologies.

The Boost Your Business Technology grant funds the development of a digital transformation plan for eligible businesses.  With a formal digital plan, the business can then access 0% interest loan to implement the plan, plus funding to hire students for plan implementation.

How Does It Work?

1		Eligible SME accesses Boost Your Business Portal
2		SME completes a free digital needs assessment tool
3		SME completes application for a grant (up to $15,000) to consult with an approved CDAP advisor to develop a digital adoption plan.
4		SME selects an approved CDAP advisor to develop a plan
5		SME can apply for a 0% interest loan ($100k max) from @BDC to implement the digital adoption plan
6		SME can access $7,300 wage subsidy to hire a student or recent graduate to help with the digital transformation

Eligibility Criteria

Businesses must meet the following criteria to apply for the Boost Your Business Technology grant: 

• for profit, privately owned
• sole proprietors or incorporated Canadian business
• between 1 and 499 full-time equivalent employees
• annual revenues of $500,000 to $100M in 1 of the 3 previous years
• meet requirements to be a Canadian-controlled Private Corporation