Unlock New Business Success Through CDAP, the Canadian Digital Adoption Program
Discover CDAP – Your Path to Competitiveness and Resilience
CDAP, the Canadian Digital Adoption Program, is a visionary initiative by the federal government, empowering Canadian businesses to embrace cutting-edge digital technologies. It provides generous grants to fuel your digital transformation strategies, making your enterprise more competitive and resilient than ever.
With CDAP, you’ll receive up to a $15,000 grant to craft your bespoke Digital Adoption Plan in collaboration with an approved and seasoned digital advisor like us. Furthermore, you gain access to an interest-free loan up to $100,000 from the Business Development Bank of Canada (BDC). There’s also an additional $7,300 wage subsidy at your disposal for hiring a student or recent graduate.
Empower Your Business with CDAP
The $15,000 CDAP grant is funding for a dedicated CDAP Digital Advisor such as Catch Communications; we will engineer a transformational Digital Adoption Plan tailored to your business’s unique needs. This plan can empower your enterprise to:
- Amplify its online presence and reach
- Ignite e-commerce sales
- Digitize core business operations
- And much more
CDAP: Two Streams, One Goal
Under the umbrella of the Canada Digital Adoption Program, there are two distinct streams:
Stream 1: Grow Your Business Online
This stream targets eligible businesses with micro-grants of up to $2,400, directed towards embracing digital technologies and collaborating with a CDAP-approved eCommerce Advisor. This funding can be applied to:
- Leveraging digital tech for sales generation and attracting new website visitors
- Enhancing your eCommerce storefront
Stream 2: Boost Your Business Technology
For businesses with annual revenue of between $500,000 to $100,000,000 in one of the last three years as reported to the CRA, at least one employee, and incorporated or a sole proprietorship as a for-profit company in Canada, Stream 2 provides substantial grant funding, starting with $15,000 with which to build your Digital Adoption Plan. This grant allows you to work closely with us to craft a comprehensive Digital Adoption Plan that outlines strategy and an implementation roadmap, complete with costs, timeline, and critical path to success.
The $100K CDAP 0% Loan: Your Digital Evolution Catalyst
In Stream 2, businesses have the incredible opportunity to secure a game-changing 0% interest loan from the BDC of up to $100,000. This loan is purpose-built to offset costs associated with executing your Digital Adoption Plan. It covers a wide array of services, including but not limited to:
- Purchasing IT equipment
- Updating digital infrastructure
- Installing new software and technology
- Providing training for staff on the newly onboarded technologies
- Procuring materials and support services for successful technology integration
- Additional advisory services essential for executing your digital adoption plan
Why Should You Apply?
In today’s fiercely competitive landscape, a robust Digital Adoption Plan is an imperative for modern business success. With new technological solutions at your fingertips, you can supercharge growth, enhance efficiency, and boost revenue.
The Application Journey
Ready to embark on your digital adoption journey with CDAP and the BDC’s 0% interest loan? Here’s what to do next:
- Apply for funding through the Innovation, Science, and Economic Development Canada (ISED) website.
- Once approved by CDAP, collaborate with Catch Communications to craft your bespoke digital adoption plan.
- Submit your plan for approval.
- Upon approval, submit your invoices for compensation, covering up to $15,000 in advisory fees (90% funded by the grant).
- After greenlighting your digital adoption plan, access the BDC 0% interest loan through your personalized email link.
Embrace Business Success with Catch Communications
Catch Communications is a federal government-approved expert digital advisor, uniquely positioned to collaborate with CDAP grant recipients like you. We specialize in developing and implementing Digital Adoption Plans, ensuring you harness the power of technology to transform your business.
Contact us today and let’s start your digital transformation journey.