The Canadian government has allocated $4 billion to the Canada Digital Adoption Program (CDAP) in order to assist small and medium-size enterprises (SMEs) in adopting digital technology and maintaining their competitiveness.
Successful applicants can access up to $15,000 through the Boost Your Business Technology grant to hire a CDAP digital advisor and offset the costs of their digital adoption strategy. After the digital plan is completed and approved, SMEs can apply for a $100k BDC 0% loan and a subsidized employee to put the plan into action.