This program provides an excellent funding mechanism for small local business to ensure they are maximizing sales and revenue streams in the digital space and also looking at ways to improve their overall digital adoption relating to new technologies, equipment and digital tools by developing a digital adoption plan.
What Does the Grant Provide?
The CDAP ‘Boost Your Business Technology’ grant provides 90% of the cost (up to $15,000) of the development of a Digital Adoption Plan by an approved CDAP Digital Adoption Advisor. This customized plan focuses on leveraging modern digital solutions to your business’ opportunities and challenges. It can address a variety of domains, such as marketing, sales, cyber-security, operations, finance, as well as integrations and cross-business functions (ex: CRMs and ERPs).
Recently a local firm and Chamber member – Jaeger Consulting Group was approved as a Digital Adoption Advisor under the ISED CDAP program and we want to take advantage of this opportunity for local business.
Colin Harding, primary at Jaegar Consulting Group, can help you leverage additional resources to execute on that plan including:
$25,000 to $100,000 5-year interest free loan for implementing the plan (including technologies)
$7,300 wage subsidy for a youth hire to help implement the plan.
The following types of small businesses are ineligible:
• Businesses engaged in consumer facing retail or e-commerce operations
• Corporate chains, franchises, or registered charities
• Representatives of multi-level marketing companies
• Real estate brokerages
Please reach out if you have any questions.