What is Canada Digital Adoption Plan (CDAP)?
Canada Digital Adoption Plan (CDAP) is a government initiative to help Canadian businesses, particularly small and medium-sized enterprises (SMEs), adopt digital technologies and improve their competitiveness in the digital economy. The CDAP was announced in 2019 as part of the government’s Innovation and Skills Plan, and it includes a range of initiatives and funding programs to support the adoption of digital technologies by SMEs. Some of the key components of the CDAP include:Digital skills training and support for business owners and employees.
Funding for digital infrastructure and equipment. Support for businesses to adopt e-commerce and other digital sales channels. Funding for digital marketing and other digital business development activities. The goal of the CDAP is to help Canadian businesses take advantage of the many opportunities that digital technologies offer, and to ensure that they are able to compete effectively in the digital economy.
How Canadians do business has changed. To stay competitive and grow, small and medium-sized businesses need to adopt new digital tools.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.
CDAP Technology Grants
Small to medium-sized enterprises (SMEs), that are eligible, can apply for a $15,000. Grant that will cover 90% of the costs to create a Digital Adoption Plan tailored to your specific business needs. This may include e-commerce, digital marketing, technology to improve operations efficiency, productivity and most importantly profitability.
CDAP Eligibility Criteria
ANNUAL REVENUE
$
500,000
FULL TIME EMPLOYEES
1
PRIVATE
COMPANY STRUCTURE
ANY
PROVINCE
* Company annual sales/revenues should be a minimum of $500,000 CDN in any one of the 3 years prior to the application
** Private company structures include sole proprietorships and corporations
How it works?
Businesses may create an account on the Government of Canada’s CDAP website to confirm eligibility
1. Eligibility Confirmation
Once eligibility is confirmed, you will be asked to choose an Approved CDAP Advisor from the menu
2. Create Grant Application
You will then work with your Advisor to create your personalized Digital Adoption Plan
3. CDAP Plan Approval Process
Once your plan is ready you will submit it to the CDAP website for approval
4. Government Grant Approval
When the Government approves your personalized plan, you will receive your grant
5. BDC Funding Approval
This is the last step involving the loan approval by BDC
ASSENTT - CDAP!
We work alongside approved service providers
We have 15 years experience in consultancy
Balbir Singh Saini
Jas Jaggi
