Funding Available To Boost Business Technology

The government of Canada is providing $4 billion to help small- and medium-sized enterprises (SMEs) digitalize their operations through the Canada Digital Adoption Program (CDAP). The goal is to help local organizations grow by having a greater online presence, modern technology, and expert guidance. There are two grants available ‒ the Grow Your Business Online and Boost Your Business Technology. The latter offers up to $15,000 in funding to partner with an approved advisor and develop a digital adoption plan. To maximize the value of this investment, a significant amount of funding is going towards strategy development before new technology is implemented. This will help to identify pain points or areas of opportunity and leverage the funds to accomplish specific goals.