| 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.
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.