Access up to $100,000 with 0% interest and $7,300 wage subsidy to boost your business technology.
Having assisted 60+ businesses with their CDAP plans, we understand the critical role strategic digital transformation plays for small to medium-sized businesses in Canada. That's why we've developed our own streamlined process, enabling you to successfully navigate your digital transformation journey.
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Innovation, Science and Economic Development Canada (ISED) has closed the acceptance of new applications for CDAP's Boost Your Business Technology program.
As of February 19, 2024, the Canada Digital Adoption Program (CDAP) will no longer accept new submissions for its Boost Your Business Technology pathway.
The Department of Innovation, Science, and Economic Development Canada (ISED) has officially ceased accepting new applications for the Boost Your Business Technology grants under the CDAP.
Existing grant agreements signed prior to the program's closure will remain in effect, allowing businesses to finalize their digital strategy with the help of a chosen advisor from the CDAP marketplace.
Furthermore, the Business Development Bank of Canada (BDC) will continue processing loan applications from businesses holding valid CDAP Boost Your Business Technology grant agreements.
Access to the CDAP portal is granted under the following conditions:
■ Possession of a current grant agreement
■ Completion of your digital adoption plan and readiness to submit your grant claim
■ Approval of your grant claim, if seeking to apply for the BDC's zero-interest loan and/or a wage subsidy for employing a staff member
Access is denied to the CDAP portal for:
■ New applicants
■ Applicants who began the process but did not finalize a grant agreement
■ Holders of an expired grant agreement
To qualify, your business must have secured a grant agreement by February 19, 2024, to be eligible for the ISED grant and the BDC's zero-percent interest loan.
To qualify for the ISED grant and BDC's zero-interest loan, you needed to have completed your application and signed a grant agreement before the program's deadline, adhering to all specified timelines.
Your eligibility remains intact if your grant agreement is current and not expired. It is crucial to observe the CDAP's stipulated deadlines for submitting expenses related to the ISED grant and applying for the BDC's zero-percent interest loan.
Businesses actively working on their Digital Adoption Plan with an approved CDAP advisor, holding a valid grant agreement, are unaffected by this announcement. Nonetheless, it's important to keep track of the CDAP's deadlines for expense submission and loan application.
Your eligibility for the ISED grant and the BDC's zero-percent interest loan remains intact, provided you've met the qualification criteria by signing your grant agreement and adhering to all program deadlines.
Your eligibility for the ISED grant and the BDC's zero-percent interest loan remains intact, provided you've met the qualification criteria by signing your grant agreement and adhering to all program deadlines.
Urgent notice regarding the imminent closure of new application intake for the CDAP's Boost Your Business Technology stream and the unparalleled benefits it offers to your company. This is your last chance to apply with Focus21.
Innovation, Science, and Economic Development Canada (ISED) announced the upcoming closure of new application intake for the Boost Your Business Technology stream of the Canada Digital Adoption Program (CDAP) on February 16, 2024.
Existing grant agreements remain in effect, allowing businesses to finalize their digital strategies with a preferred advisor from the CDAP marketplace.
The Business Development Bank of Canada (BDC) will continue to process loan applications for businesses with valid CDAP Boost Your Business Technology grant agreements.
ISED indicates that the window for new applications will close shortly. Businesses must secure a signed grant agreement before the closure to qualify for the ISED grant and the BDC's zero-percent interest loan.
Businesses that have registered an account before this notification must finalize their application and sign a grant agreement before the deadline to remain eligible for the ISED grant and BDC's zero-percent loan offer.
Businesses with a valid (not expired) grant agreement are still eligible for the program. It's crucial to adhere to the CDAP's deadlines for submitting expenses related to the ISED grant and the BDC loan application.
Businesses actively working on their Digital Adoption Plan with an endorsed CDAP advisor, under a valid grant agreement, are unaffected by this announcement. However, they should be aware of the CDAP deadlines for expense submission related to the ISED grant and the BDC loan application.
Businesses that have met the qualification criteria by signing their grant agreement and adhering to all specified program deadlines are eligible for the ISED grant and the BDC zero-percent loan, following the submission of their digital plan and invoices.
Inquiries regarding adherence to CDAP terms and conditions should be directed to ISED. From the time you sign the grant agreement, you have 9 months to submit a digital adoption plan.
The Canada Digital Adoption Program (CDAP) was developed by the Government of Canada in 2021 to help small and medium businesses increase their online presence and digitize their business.
From enhancing employee productivity or business operations to accessing cutting-edge technologies or government funding, like CDAP, Focus21 has Digital Adoption Advisors certified with Digital Maturity Group who can help you take advantage of this program.
From navigating eligibility applications to crafting a tailored digital strategy plans, we ensure a seamless process to your digital transformation. You can count on our expertise and accessible guidance every step of the way.
To qualify for funding, your business must meet these criteria defined by the Government of Canada.
Focus21 is your trusted partner in navigating the CDAP process, guiding businesses step-by-step to secure the grant and loan. Our experienced team will provide expert support, ensuring you make the most of this opportunity to drive growth and innovation. Let us lead the way to your success in accessing CDAP funding.
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We are open about the technologies we use as well as our processes.
Acquiring IT equipment, Installation of new technologies, Updating and/or expanding IT equipment, Training staff on onboarded technologies, Materials and support services directly related to onboarding the technology, Further advisory services on particular aspects of the digital adoption plan.
A director of a corporation or owner of a sole proprietorship, as well as any of their authorized representatives, may submit an application.
Yes, as long as each business meets the eligibility criteria and has its own Business Number.
No, a full time equivalent employee is defined as an employee receiving a T4 “Statement of Remuneration Paid” from the applicant. You may also have two PTE that equal full time hours.
You will have 6 months from the time you receive your approval to complete your loan application.
Our company is a space where ideas flourish and transform into reality.