Reminder: Canada Digital Adoption Program Grants & Loans to Improve Your Online Presence
The Government of Canada has launched the Canada Digital Adoption Program (CDAP) to help Canadian small and medium-sized enterprises (SMEs) realize their full potential by adopting digital technologies.
Announced in Budget 2021, the $4 billion program is an investment of $1.4 billion in grants and advisory services to SMEs from the Government of Canada and up to $2.6 billion in loans from the Business Development Bank of Canada to help businesses cover the costs of implementing new digital technologies.
The program provides funding and expertise to businesses, as well as training and work opportunities for young Canadians.
Businesses will be able to apply for two different kinds of support through the CDAP:
Stream 1: Grow Your Business Online, will help SMEs take advantage of e-commerce opportunities.
Stream 2: Boost Your Business Technology, will help businesses with the development and implementation of digital adoption strategies.
