The 2021 Budget announcement of the Canada Digital Adoption Program is now available.
Quick Facts
The Canada Digital Adoption Program is expected to support small businesses and help create jobs, including nearly 30,000 job placements for young Canadians to gain valuable work experience, while helping businesses succeed.
Smaller businesses with at least one employee can apply for a $2,400 “micro-grant” to offset costs such as website development, search-engine optimization, subscription fees for e-commerce platforms and social-media advertising.
A larger “Boost Your Business Technology” grant worth up to $15,000 will be available to companies with revenue between $500,000 and $100-million and fewer than 500 employees.
The government said this grant can be spent in areas such as new customer software, digital inventory management systems, network security improvements and robotics.
In addition to the grant programs, companies can apply for an interest-free loan of up to $100,000 from the Business Development Bank of Canada for digital adoption spending.
In applying for a grant or loan under the Canada Digital Assistance Program you can answer a few quick questions online to help determine the funding that is best suited to meet your needs.
For further information you can go directly to the program. Applications opened March 3, 2022.
March 4, 2022
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