Canada Digital Adoption Program
The Canada Digital Adoption Program (CDAP) was created in March of 2022 to help Canadian businesses to stay competitive and grow. $4 billion in total funding is available to small and medium-sized enterprises (SMEs) to help cover the cost of implementing digital transformation plans.
Your Digital Transformation
With over 100 years of expert service under our toolbelt, Welch LLP is the advisory solution to help take your SME to the next level. A true partner, Welch takes a collaborative, relationship-driven approach to client service.
When you work with us, you get the attention you deserve from expert staff who recognize your specific industry challenges. Welch is your partner in creating digital pathways and strategies that will help you achieve your unique business goals.
**UPDATE FEB 2024** Applications for the Boost Your Business Technology grant are currently closed.
Due to a high volume of interest, the Canada Digital Adoption Program (CDAP) Boost Your Business Technology grant is fully subscribed and is no longer accepting new applications. If you have a valid CDAP grant agreement, you can continue to work with us and submit your claim for reimbursement once your Digital Plan is complete. Be sure to check when your agreement expires and submit your claim before that date to remain eligible for the grant.
The CDAP Grow Your Business Online grant remains open for applications.
Do you Qualify for Funding?
The Boost Your Business Technology grant offers support to Canadian-owned small and medium-sized enterprises (SMEs) who want to adopt new digital technologies. In order to qualify for the grant, the Government of Canada has outlined the following four criteria:
- Be incorporated federally or provincially, or be a Canadian resident sole proprietor
- Be a for-profit, privately owned business
- Have between 1 – 499 full time equivalent employees
- Have at least $500,000 of annual revenues in one of the previous three tax years
If you are unsure whether you qualify for Boost Your Business Technology Grant, complete the CDAP Assessment Tool.
Go Beyond the Plan
Developing your digital adoption plan is only the first step to your business’s transformation.
Did you know that once you complete your digital adoption plan, you can also apply for other loans and subsidies, including:
Welch LLP provides you with a holistic view of your business from start to finish and beyond. In addition to audit, tax and assurance, we offer a number of advisory services that cover areas such as business risk, cybersecurity, acquiring capital, and building inter-generational wealth.
Ready to get started?
Our dedicated team is standing by and ready to help you access and make the most of CDAP funding. Reach out today for more information about the program, your eligibility, and your transformation opportunities.
