Eligible businesses must work with a Certified Digital Advisor to make a digital adoption plan which would be submitted to the CDAP program for approval. Once the plan is approved, businesses can take advantage of a loan from BDC bank of up to $100,000 at 0% interest for 6 years.
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Qualifying businesses must be incorporated at the national or provincial level; or be a Canadian resident sole proprietor.
Only privately-owned for-profit entities may be considered.
Maximum 499 full time equivalent employees (FTEs).
At least $500,000 and not more than $100 million in revenue in one (1) of the past three (3) tax years.
Looking to build a website, establish social media presence, run an ad campaign ? Need to serve existing customers more effectively and attract new customers? With a micro-grant of up to $2,400, we can help with the costs related to adopting digital technologies.
Canadian business. It allows your business to recover 90% of the cost for an approved digital advisor prepared adoption plan (up to $15,000) through a GRANT. Additionally, businesses with a digital adoption plan are qualified for a $100,000 INTEREST-FREE loan payable over six years to help with the execution of the project.
Right here ➡️ https://www.ic.gc.ca/eic/site/152.nsf/eng/00045.html
Read more from: Government of Canada
Read more: BDC Bank