TORONTO, Sept. 27, 2022 (GLOBE NEWSWIRE) — The Authorities of Canada is offering a complete of $4 billion to assist small and medium-sized enterprises digitalize their operations via the Canada Digital Adoption Program (CDAP). Their objective is to assist native organizations develop by having a higher on-line presence, trendy know-how, and knowledgeable steering.
The CDAP web site supplies an summary of this system, and a questionnaire to find out whether or not your corporation is eligible for both the Develop Your Enterprise On-line or Increase Your Enterprise Expertise grant. The latter gives as much as $15,000 in funding to associate with an authorised advisor and develop a digital adoption plan.
Sofa & Associates has been named as an authorised advisor for the Increase Your Enterprise Expertise grant, that means companies can flip to their devoted workforce for technique and roadmap improvement below this system.
Mike Sofa, one of many main digital advisors within the nation and head of Sofa & Associates, says, “It is a massive alternative for our Canadian corporations to ramp up the know-how they’re utilizing to turn into extra aggressive and operationally environment friendly. All of us wish to be extra digitally mature and generally don’t have the capability or don’t know the place to begin, this program solves each of these issues.”
To maximise the worth of this funding, a major quantity of funding goes in direction of technique improvement earlier than new know-how is applied. This may assist to determine ache factors or areas of alternative and leverage the funds to perform particular objectives.
There are 4 standards that a corporation wants to satisfy as a way to be eligible, it should:
- Be integrated federally or provincially, or be a Canadian resident sole proprietor
- Be a for-profit, privately owned enterprise
- Have between 1 – 499 full time equal workers
- Have not less than $500,000 of annual revenues in one of many earlier three tax years
Tick all of these packing containers? Then head over to the Canada Digital Adoption Program to use.