| CDAP | CXO Board
Digital Strategy Roadmap
Thrive digitally as we guide your business with the right tools. Our team of senior advisors can help you rapidly develop and execute technology roadmap, supported by our web platform with 2000+ built-in data elements.
Trusted Advisors
Objective and trusted group of advisors to help you make the right decision with significantly reduced time and efforts.
Future Centric
Vast library of industry trends and related digital needs to help you keep up with the industry changes at all times.
Feature Rich Platform
Digital Capabilities Library. Industry Insights. Vendor Profiles. Prioritization Framework. One stop shop for all your needs.
What is CDAP?
The Canada Digital Adoption Program (CDAP) has been established to help small and medium-sized enterprises (SMEs) realize their full potential by adopting digital technologies. CDAP comprises two separate funding components: 1) Grow your Business Online and 2) Boost your Business Technology
Boost Your Business Technology
The Boost Your Business Technology grant offers support to Canadian-owned small and medium sized enterprises (SMEs) who want to adopt new digital technologies. The grant covers up to 90% of the eligible cost of retaining the services of a digital advisor, up to a maximum grant value of $15,000 per SME, to develop a digital adoption plan.
To support the implementation of their digital adoption plan and the acquisition of new technologies, SMEs will be able to apply for an interest-free loan of up to $100,000 from the Business Development Bank of Canada.
Eligible SMEs may also apply for a wage subsidy of up to $7,300 to retain a post-secondary student or recent post-secondary graduate as part of a youth placement opportunity. The youth work placement is designed to provide additional support for SMEs undertaking their digital transformation.
Why apply?
Access to Digital Advisors
Access to approved digital advisors with 90% of the advisory costs (up to $ 15,000) covered by the program.
Technology Modernization
Businesses that succeed in digital transformation journeys are rewarded with significant revenue growth.
Financial Benefits
Modernize your technology without putting additional burden on your finances.
How to apply?
1. Register
Get started on Innovation, Science and Economic Development Canada’s (ISED) website.
2. Develop a Plan
Build your digital plan with the help of CDAP-approved digital advisor.
3. Obtain Approval
Once your plan is validated, submit your invoices to receive 90% of up to $15,000 to cover your advisory fees.
4. Apply with BDC
Once your plan is approved, use the personalized link in your email to apply for a loan of up to $100,000.
Supporting you every step of the way
With Selectycs, you get access to the leading digital advisors along with an intelligent online platform for rapid development of your digital strategy roadmap. Our team is just a click away to help you get the most of out of the CDAP program.
Current State Assessment Dashboard
- Business Requirements Coverage % across all functional areas
- Visibility into Business and Technology Challenges along with strategic goals
- Well-positioned and at-risk Business Functions' reporting based on the current vendors and business needs
- Identification of Open vs. Closed Business Technology Challenges
Rapid Requirements Definition Cycles
- Structured reporting on business needs across all functional capabilities
- Library of future facing business requirements
- Requirements finalization workshops by senior subject advisors
- Cross-functional collaboration features
Insights on Industry Trends and Vendor Profiles
- Vendor profiles including service offerings and industry alignment
- Relevant Industry specific technology trends and their implications
- Recommended Initiatives related to emerging technologies
Technology Roadmap
- Recommended technology initiatives' library
- Collaboration features to finalize and prioritize initiatives
- Information on estimated costs, timeline and vendors related to finalized initiatives
- Multi-year Roadmap - Timeline chart to track progress of the initiatives
