On March 3, 2022 the Canada Digital Adoption Program (CDAP) was launched and opened for application. This $4 billion program provides:
Funding through:
Grow Your Business Online Initiative - provides micro-grants and access to e-commerce advisors to help applicants go digital. Businesses must also be registered or incorporated and have at least one employee. For-profit businesses, including co-operatives and social enterprises, are eligible for this $2,400 micro-grant. Businesses must also be registered or incorporated and have at least one employee.
Boost Your Business Technology Initiative - provides a grant to help you develop a digital plan, and leverage funded work placements to help applicants with their digital transformation. Eligible businesses must have between 1 and 499 employees and have annual revenue between $500,000 and $100 million. SMEs can apply for a grant to cover 90%, up to a maximum of $15,000, of the cost of developing a digital adoption plan. SMEs will also be able to apply for an interest-free loan of up to $100,000 from the Business Development Bank of Canada.
Resources and Tools in respect of :
becoming a digital advisor;
an update service;
assessing digital maturity;
getting cyber certified; and
a variety of events and webinars.