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DESIGN DIRECTIVE INC | CDAP APPROVED leader in digital transformation design in Canada. Let us help you empower your business with up to $15,000 in funding towards a digital adoption plan, an interest free loan up to $100,000 and $7,300 in workplace wage subsidies.
The Canada Digital Adoption Program (CDAP) has launched the Boost Your Business Technology grant to help Canadian businesses adopt new digital technologies. Qualifying applicants can take advantage of $4 billion in funding to help with their digital transformations.
The CDAP program is designed to help small to medium Canadian businesses succeed on a global stage through innovation and investment in emerging technologies. It provides companies access to resources that can help them grow their business while providing potential cost savings, as well as, access to expertise from across Canada. In addition, participation in the CDAP program offers increased visibility with potential customers, partners, and investors both nationally and internationally.
Get a grant up to $15,000 to consult a digital expert to develop a digital adoption plan for your business.
Get an interest-free loan up to $100,000 from BDC to implement your digital adoption plan.
Use a $7,300 funded work placement from Magnet to get a student or recent graduate to help with your digital transformation.
In order to receive funding from the Canada Digital Adoption Program (CDAP) Boost Your Business Technology stream, your business must meet the following criteria:
The business must be a privately-owned, for-profit Canadian entity incorporated at the national or provincial level, or be a sole proprietorship located in Canada.
The business must employ between one and 499 full-time equivalent employees.
The business must have generated between $500,000 and $100 million in revenue in one of the last three tax years.
If your company meets these requirements, you may be eligible for CDAP funding which can be used to help scale up operations or accelerate growth. The program offers access to grants and interest-free loans of up to $100K which can be used to finance projects such as hiring new staff members, purchasing equipment or expanding into new markets. Furthermore, by participating in the CDAP program businesses have the opportunity to network with potential partners and receive support from experienced mentors who will provide advice on how best to take advantage of available resources.
Getting started with the CDAP Boost Your Business Technology program is straightforward. Business owners should begin by completing a digital needs assessment (DNA) to assess their current level of readiness. This will help them understand what kind of digital solutions they may need and determine which areas of their business could benefit from digital technologies.
Once the assessment has been completed, business owners can then complete an online grant application to qualify for up to 90% (up to $15,000) in funding to cover the cost of digital advisory services. Upon grant approval, business owners can then select a digital advisor from the Digital Advisor Marketplace to develop a customized plan for digital adoption tailored to the specific needs of their business. A brief overview of the process is summarized in the video below.
Your CDAP digital transformation journey begins on the CDAP website where businesses can assess their eligibility and register to Stream 1 or Stream 2 of the program.
Eligible applicants who qualify for Stream 2: Boost Your Business Technology program can then complete a Digital Needs Assessment and apply for the grant which covers 90% (up to $15,000) of advisory services.
Successful applicants to the Boost Your Business Technology grant can then work with a digital advisor selected from the digital advisor marketplace to develop a digital adoption plan (DAP).
Once the DAP is completed, CDAP participants can then apply for an interest-free loan up to $100,000 (depending on revenue) from BDC to help with the implementation of the plan.
Once the DAP is completed, CDAP participants can also apply for a youth wage subsidy up to $7,300 to help with the implementation of the plan.
With the DAP, interest-free loan, and wage subsidy in hand, CDAP participants can begin their digital transformation and implement the vast array of business technologies suggested by their digital advisors.
The cost for implementation of a CDAP digital adoption plan can vary depending on the complexity of the plan, as well as its scope. These costs are usually the responsibility of the business. However, qualifying for the CDAP Boost Your Business Technology program enables program participants to apply for an interest free loan from BDC to help with the implementation. In addition, the qualifying businesses are also eligible to apply for a $7,300 wage subsidy for a funded work placement to support the digital transformation.
Our team of professionals can help you get the most out of this truly transformative opportunity. We have years of experience in guiding businesses on their digital transformation journeys. Leverage our expertise to your advantage and start your own digital transformation today!
Below you will find answers to the most common points of confusion regarding the CDAP program.
No, the CDAP grant (up to a maximum of $15,000) is intended to support qualifying businesses in the acquisition of advisory services only. In other words, the grant is intended solely for the development of a digital adoption plan.
Once the digital adoption plan is devised and approved by CDAP, it can be used to acquire an interest free loan from BDC up to $100,000, as well as, the $7,300 work placement subsidy. Both of these financial aids are intended to assist the business with the implementation of digital technologies described in the digital adoption plan.In order to receive funding from the Canada Digital Adoption Program (CDAP), your business must meet the following criteria:
No, only business owners can apply for CDAP grants. However, our team is here to assist you along the way or answer any questions you may have. We are happy to review your application with you and provide you with feedback to maximize the likelihood of success.
Only digital advisors that have been vetted and approved by the CDAP program administered by the Government of Canada can create Digital Adoption Plans that qualify for Boost Your Business Technology grants.
A list of approved digital advisors you can work with is available on Digital Advisor Marketplace.
Design Directive is an approved digital advisor for the Canada Digital Adoption Program.
Design Directive has a dedicated team of digital advisors to help our clients with their digital transformation objectives. The primary point of contact will be a senior digital strategist.
After your Design Directive digital advisor completes your Digital Adoption Plan you will submit the relevant invoices, along with the Digital Adoption Plan, to receive your grant payment. The Government of Canada will then reimburse you for up to 90 percent of eligible expenses (up to $15,000), typically within 30 days.
No, Design Directive Inc., is an independent private Canadian corporation. It is not affiliated with CDAP or any other government body.
Design Directive Inc., has been approved by CDAP to provide advisory services for CDAP grant applicants.
Not all types of businesses are eligible for the CDAP program. The following types are businesses are not eligible for Stream 1 of the program.
