See If You Qualify For The Canadian Digital Adoption Program
Get Up To $100,000 In Interest Free Financing From The BDC & Up To $36,500 in Wage Subsidies From The Government
Plus Get a Digital Growth Roadmap & A $15,000 Grant To Offset Costs Of Registering
what you get access too
0% Interest Financing, Wage Subsidies & More
The Canada Digital Adoption Program (CDAP), is a partnership between the Government of Canada and the BDC to help small and medium-sized enterprises (SMEs) get access to capital to adopt digital technologies to increase their competitiveness.
0% Interest Loan Up-To $100,000
Get a 6-Year 0% interest BDC loan to help you grow your business + there are no repayments in the first year
Up-to $36,500 in Wage Subsidies
Get $7,300/ employee to offset wages for up to 5 employees to help you grow your business (staff must be under 30 and can be a new hire or existing staff)
Custom Digital Growth Roadmap
Work with industry experts to get a fully custom digital growth roadmap to help you fastrack your growth by identifying new opportunities and technologies
Grant Funding to Cover Registration Costs
Get access to a $15,000 grant from the government that goes towards paying the registration, advisor fees & growth roadmap creation cost
How to qualify
Eligibility Criteria
If Your Business Meets The Following Criteria Then You Qualify For The Program!
Be a Registered Canadian Business Entity
To qualify your business must be a registered provincial or federal business entity either a sole proprietorship, corporation etc.
Be a For-Profit, Privately Owned Business
Your company must be a for profit business private business, non-profit or publicly listed companies are not eliglible
Have 1 – 499 Full Time Equivalent Employees
You must have at least 1 employee registered on payroll. Owner operators are eligible as long as you pay yourself salary
Have At Least $500,000 of Annual Revenues
Your business must have reported at least $500,000 in top-line sales (before all expenses) in 1 of the past 3 filed tax years
Why Work With Us
We Manage the Entire Application Process For You
99% Success Rate on Eligible Applications
Have Your Application Ready to Submit In Under 1.5 Weeks
Why Work With Us
We Manage the Entire Application Process For You
99% Success Rate on Eligible Applications
Have Your Application Ready to Submit In Under 1.5 Weeks
No Headaches
Start The Application Process Now
Follow the steps below to have our team help do al the heavy lifting to guide you through the the registration and submission process
Step 1
Click the button below & fill out the form to see if you pre-qualify for the program
Step 2
Schedule a call to have our team guide you through the registration process
Step 3
Sit back while we handle all the hard work to complete your application documents
questions answered
FAQ's
The whole process from registration to funding usually takes between 4-8 weeks. There are a few factors that can impact the time it takes to go through the program such as government processing times but in most cases we can have your application ready to submit within 1 - 1.5 weeks upon registration and then approvals take 4-6 weeks.
All you need to register for CDAP is your name, business number and then you need to be able to access our companies myCRA account in order to verify your business ownership, other than that there is no other documentation needed!*NOTE, as advisors we do not need access to any of your accounts, we can help guide you through the registration process but we do not need access into any of your business accounts.For the BDC financing they may request additional documentation however that occurs once you have been approved for the CDAP program and is not neccesrry for approval of the program
The $15,000 grant is issued to cover the costs associated from your advisor and covers eligible expenses such as registration support and digital adoption plan creation. The grant portion of CDAP is to be used solely for these expenses.As the business owner you can use the interest free financing from the BDC and the wage subsidy credits to invest in your business and put towards projects that will help you to grow.
If you decide to work with CDAP Assistant we will work with you directly as registered advisors to help you put together your application and Digital Adoption Plan so that you can apply for the program as quickly as possible while also having the best chance of being approved.
The wage subsidies are availible to any existing employee or new hire and you can get up $7,300 of their wages back for up to 5 employees.The way it works is:
- you enroll the employee in the subsidy (our team can help you to do this)
- they complete their work for you and you pay them
- you then submit their paycheck at the end of each pay period
- you receive a direct deposit back matching what you paid them within 7 business days of submitting their paycheckThis process is repeated until you have claimed $7,300. This subsidy also DOES NOT NEED TO BE PAID BACK and is a straight rebate to your business.It can be claimed for up to 5 employees for a total of $36,500.
Only the business owner can apply for the Boost Your Business Technology grant. However, we can assist with the CDAP eligibility assessment and grant application process. We will also work with you to create your digital adoption plan and help you put together all of your application documents so that there is minimal time commitment needed on your end.
Once approved for the CDAP program you will be able to register for the BDC funding through a link in your CDAP account.if you already have a BDC account you will just ned to authorize CDAP and BDC to connect. If you do not have a BDC account you will need to create a BDC account.Funding from the BDC ranges from $25,000 - $100,000 and the terms of the loan are as follows
- 0% interest throughout the duration of the entire loan term with no additional fees
- no payments in the first calendar year
In order to register you need to have a myCRA online account, as this is how CDAP is able to determine that your business meets the revenue requirements and also how they determine that you are an owner of the business.If you do not have a myCRA account then you will need to contact CRA by phone and speak to a representative who will be able to help you set up an account.If you belive your company meets the eligibility requirements for CDAP and you need assistance with getting your CRA account created, our team is happy to help give you the instructions you need to create your account.
The CDAP Boost Your Business Technology program provides funding for retaining our services as a CDAP advisor. At the end of this engagement, you will be provided an implementation-ready digital adoption plan along with all the support you need to apply for the program.While that is the end of our role as your CDAP advisor, we’re more than happy to continue our work and apply our knowledge of your digital adoption needs to implement your tailored plan. You may choose to hire us for consultancy, marketing, and sales services and achieve your digital adoption goals but it is not required and you are free to work with any vendor yo choose for your implementation.We also have a large network of partners that we can refer to if you need additional support or would like to get connect with other business.
Absolutley! If you are the owner or a majority shareholder you can apply for as many businesses as you'd like.Just keep in mind each business will need its own application and its own digital adoption plan, our team will be able to help you to build a submission plan to get applications created for each of your businesses.
Get Funding To Grow Your Business
No-matter what industry you're in get access to funding and support at no cost to help your business grow and thrive in 2024 and beyond, dont miss out, apply now
**Disclaimer: Although pre-selected by the Government of Canada/ISED, CDAP Assistant is not an agent, partner, or employee of the Government of Canada. CDAP Assistant also do not guarantee or promise funding or approval for the program and cannot control if either the Government of Canada/ISED, or BDC does not approve or fund a business.