TORONTO, Oct. 18, 2022 (GLOBE NEWSWIRE) — The Authorities of Canada has launched the Canada Digital Adoption Program (CDAP) to assist small and medium-sized companies improve their capabilities by way of know-how. This system consists of two streams, with the bigger, Increase Your Enterprise Know-how, grant providing as much as $15,000 per group.
The primary part of the grant focuses on technique growth. The funds should go in the direction of retaining an authorised digital advisor, who will construct out a digital adoption plan, tailor-made the group’s particular wants. Following this, Enterprise Growth Financial institution of Canada (BDC) present an curiosity free mortgage of as much as $100,000 which can be utilized for the acquisition and implementation of recent know-how.
“Our authorities is dedicated to making sure that each one Canadian companies profit from the digital economic system – from principal road retail outlets to entrepreneurs to producers. The Canada Digital Adoption Program will help as many as 160,000 small- and medium- sized companies to undertake new applied sciences whereas creating 1000’s of jobs for younger Canadians. I encourage small enterprise and homeowners and entrepreneurs to use for the CDAP and leverage know-how to develop their enterprise and entry new clients world wide.” – The Hon. Mary Ng, Minister of Worldwide Commerce, Export Promotion, Small Enterprise and Financial Growth.
One of many authorised advisors that companies can work with is Sofa & Associates, digital specialists who’ve accomplished over two thousand profitable initiatives, working with all method of platforms, from legacy techniques to the most recent know-how.
“We’re working with an attention-grabbing vary of organizations by way of this program who’re all at completely different phases of their journey in the direction of digital maturity. The grant offers funds to start or speed up digital initiatives and removes a component of threat by funding complete technique growth earlier than diving into implementations. – James Ellis, Enterprise Analyst, Sofa & Associates.
The Sofa & Associates web site offers additional details about this system, grant eligibility and venture outcomes.