US
NOTICE
February 19, 2024 - The Canada Digital Adoption Program (CDAP) is no longer accepting new applications for the Boost Your Business Technology stream.
- Innovation Science and Economic Development Canada (ISED) announced that intake for new Boost Your Business Technology applications within the Canada Digital Adoption Program (CDAP) is now closed.
- All signed grant agreements in place before the program intake closed are still valid allowing businesses to complete their digital plan with Mooc Advertising Inc.
Boost Your
Business Technology
Boost Your Business Technology grant provides assistance to Canadian-owned small and medium-sized enterprises (SMEs) by offering support to adopt innovative technologies, thereby enhancing their competitiveness and resilience in the market.
Boost Your Business Technology aims to assist businesses in various ways, such as establishing an online presence, enhancing e-commerce capabilities, or digitizing operational processes. These grants are specifically designed to empower Canadian businesses, enabling them to boost their competitiveness in the market.
The Canada Digital Adoption Program (CDAP) can help get your business online, give your e-commerce presence a boost or help digitalize your business's operations. CDAP provides funding and support to businesses , as well as training and work opportunities for young Canadians.
What You Will GET !
Eligible businesses can access the following benefits with the Boost Your Business Technology Grant
Grant
Up to 90% of costs for retaining the services of a digital advisor, to a maximum of $15,000 grant per SME.
Loan
Access to a 0% interest loan of up to $100,000 from the Business Development Bank of Canada (BDC) to facilitate the acquisition of new technology.
Wage Subsidy
Opportunity to hire a youth to support the implementation of a digital adoption plan. Businesses will receive a wage subsidy of up to $7,300 through the funded work placement.
Eligibility Requirements
Only an owner or a director (listed in the articles of incorporation) can complete the application form. If you are not listed in the articles of incorporation, unfortunately your application will be rejected automatically.
Businesses that meet the eligibility criteria can utilize this grant to cover the expenses of a digital advisor, with a maximum allowance of $15,000. Additionally, they can benefit from an interest-free loan of up to $100,000, which can be used for the acquisition and implementation of new technologies. Prior to submitting an application, it is essential for your business to fulfill all the specified eligibility requirements.
- A sole proprietor whose owner is a Canadian resident or a business incorporated under the laws of Canada or a province or territory business.
- Privately-owned for-profit business.
- Your Business has between 1 to 499 employees.
- At least $500,000 and not more than $100 million in revenue in one (1) of the past three (3) tax years.
Wage Subsidy Criteria
Businesses that meet the eligibility criteria for CDAP's Boost Your Business Technology and have successfully conducted a digital needs assessment are eligible to apply for a wage subsidy, which can amount to a maximum of $7,300. This subsidy is specifically aimed at hiring youth talent to provide support during the process of digital transformation. However, it is important to carefully review the following eligibility criteria for youth hires before finalizing any hiring decisions.
- Be aged between 18-30
- Canadian citizens, permanent residents, or refugees with the right to work in Canada.
- Currently enrolled in post-secondary program of study in college, university, CEGEP, Polytechnic institute or private training institution in relevant fields; or
- Recent graduates from college, university, CEGEP, Polytechnic institute, or private training institution (digital skills programs).
-
For greater certainty, a recent graduate is a youth who has
graduated from a post-secondary institution (in Canada or an
international school) within the past two years. Participating
youth must be:
- Canadian citizens,
- permanent residents, or
- refugees with the right to work in Canada.
- The Youth must not have previously benefited from a completed CDAP Boost Your Business Technology Work Placement. Youth having previously participated in Grow Your Business Online placements are eligible.
Apply Now
Only an owner or a director (listed in the articles of incorporation) can complete the application form. If you are not listed in the articles of incorporation, unfortunately your application will be rejected automatically.