Canada Digital Adoption Program
(CDAP)
Get up to $15,000 for a Digital Adoption Plan
The Canada Digital Adoption Program (CDAP) is an initiative by the Canadian government that aims to help small and medium-sized enterprises (SMEs) digitally transform.
Digital adoption is a critical aspect for SMEs. Without it, they are unable to compete in today’s digital world. The program provides Canadian businesses with the tools, training, and support that they need for Digital Transformation.
ThinkTech is a Certified Digital Advisor meaning we are equipped to not only guide you through the grant and assessment phase of the program but also the execution phase, when we put your plan into play.
Check out our reviews on Google (4.9 out of 5)
Let's Talk About CDAP
What is (CDAP) Canada Digital Adoption Program?
CDAP (Canada Digital Adoption Plan) was launched in 2022 by the Canadian Federal Government to support small & medium-sized businesses in digitally transforming their businesses.
The program provides funding for digital solutions to improve the working technology and infrastructure of your business by adopting the right systems and streamlining your processes.
CDAP is a 4-year program and as a Certified Digital Advisor, we provide support with Stream 2 of the program: the Boost Your Business Technology stream.
The Boost Your Business Technology stream will help businesses with the development and implementation of digital adoption strategies
- Receive a grant to cover 90% of the eligible cost for creating a Digital Adoption Program plan, up to $15,000
- Access a zero-interest loan through the BDC (up to $100,000 per loan) to put your plan into action and access subsidized youth work placements
As a Ceritified CDAP Digital Advisor by the federal government, we are uniquely equipped to support you with identifying the areas of your business that we can improve on within the parameters of the Canada Digital Adoption Program.
Fill out the form to find out if you are eligible for this program and how we can help you maximize your success!
Why choose ThinkTech your CDAP Digital Advisor?
As an approved Digital Advisor for Canada Digital Adoption Program, we have been chosen by the federal government as one of the providers for the program. So why choose us as your CDAP Digital Advisor?
- We are experienced in devising digital business strategies. We have been serving our clients since 2012 and helping them with digital transformations.
- We have more than five years of experience providing digital advisory services.
- We have performed countless audits and have come up with the appropriate solutions for unique business needs.
- We have expertise in digital technology solutions for SMEs. We serve different kinds of businesses with unique challenges and have the capacity and knowledge to customize digital technology solutions for each and every one.
- We are able to provide all elements for a CDAP Digital Adoption Plan. Our team possesses the talent, experience and resources to plan and execute the Digital Adoption Program, while also following the rules laid out in the CDAP digital adoption plan guide.
A closer look at Boost Your Business Technology Grant
The Boost Your Business Technology stream, or Stream 2, is eligible for businesses that meet the following preliminary criteria:
- A for-profit Canadian SME with annual revenues between $500,000 and $100,000,000
- A sole proprietor whose owner is a Canadian resident or an incorporated business
- A Canadian-controlled Private Corporation (CCPC) as defined by the Canada Revenue Agency and is privately owned
- Have between 1 – 499 employees
- A business that respects human rights codes, labour, environment and anti-corruption standards
Businesses that get approved for Stream 2 are eligible for grants of up to 15,000 CAD to help create a Digital Adoption Plan. Additionally, they can get access to a zero-interest loan through the BDC (up to $100,000 per loan) to put your plan into action, as well as to subsidize youth work placements.
There are two phases for Stream 2:
Phase 1- Digital Adoption Plan
- Screen eligibility and apply- As your Digital Advisor for the Canada Digital Adoption Program, we will help you identify which stream is right for you, find out if you are eligible and apply
- Approve agreement- We’ll provide you with a scope of work and cost to produce your digital adoption plan. Up to 90% of this cost will be covered by the grant, but it must be approved before proceeding
- Build a Digital Adoption Program Plan- As your Digital Advisor, we’ll help you build a digital adoption plan that addresses your pain points, and goals, and which fits the CDAP requirements
- Get approved by the government- Once the government approves your Digital Adoption Plan, submit the invoice(s) to receive the grant
Phase 2- Execution
- Apply for a 0% interest loan from BDC- We recognize you may need financial assistance to execute the plan. We’ll assist you with a 0% loan application with BDC
- Execute- When you are ready to put your Digital Adoption plan into practice, we’ll help you execute your business needs
Eligible costs for Stream 2
There are certain activities and expenses that are eligible for the program. Here are the eligible costs for Stream 2:
- Costs associated with retaining a registered CDAP Digital Advisor for the development of a Digital Adoption Program
- Fees, commissions and charges by approved CDAP Digital Advisors for the production of a Digital Adoption Plan
- Applicable federal and/or provincial sales taxes applied to the fees and commissions charged by approved CDAP Digital Advisors and only for the purpose of producing a Digital Adoption Plan
While any activities not directly related to the development and production of a Digital Adoption Plan by the organizations registered on the Digital Advisor Marketplace are ineligible. Talk to us to ensure that your plans are aligned with the eligible costs approved under CDAP.
FAQ
Most frequent questions and answers
The grant portion of the CDAP is $15,000. The client, you, is responsible for paying 10% of the grant up front to the Digital Advising company (aka ThinkTech).
March 3, 2022. ThinkTech began working on Digital Adoption plans as soon as the program began.
The best way to become part of the CDAP program is to prequalify your business in advance to make sure you will qualify for the program itself. You can prequalify on our website HERE and a representative from ThinkTech will be in touch to gather more information from you.
Any business that is incorporated, has at least one employee and also has made at least $500,000 in revenue at least one time over the last 3 years.
A digital advisor is a team of certified, trusted and experienced Business Analyst. These Analysts work with you to discover all areas of your business that can be turned digital to improve efficiencies in your day to day.
The CDAP program is a 4 year program developed by the Canadian Government and facilitated by BDC. The program began in 2022 so it is logical to think it will be over by 2026 however the program is so successful that there is always a chance that they will extend the program.
