Funding available to “boost your company’s technology” with

TORONTO, Sept. 27, 2022 (GLOBE NEWSWIRE) — The Government of Canada is providing a total of $4 billion to help small and medium-sized businesses digitize their operations through the Canadian Digital Adoption Program (CADP). Their goal is to help local organizations grow by having a bigger online presence, modern technology, and expert advice.

The CDAP website provides an overview of the program and a questionnaire to determine if your business is eligible for the Grow Your Business Online or Boost Your Business Technology grant. The latter is offering up to $15,000 in funding to partner with a licensed counselor and develop a digital adoption plan.

Couch & Associates has been named an approved advisor for the Boost Your Business Technology grant, meaning businesses can turn to their dedicated team for developing strategies and roadmaps under the program.

Mike Couch, one of the nation’s leading digital advisors and head of Couch & Associates, says, “This is a great opportunity for our Canadian businesses to accelerate the technology they use to become more competitive and operationally efficient. We all want to be more digitally mature and sometimes we don’t have the ability or don’t know where to start, this program solves both of these problems.

To maximize the value of this investment, a significant portion of the funding is dedicated to developing strategies prior to the implementation of new technologies. This will help identify weak spots or areas of opportunity and leverage funds to achieve specific goals.

There are four criteria that an organization must meet to be eligible, they must:

  • Be federally or provincially incorporated, or be a sole proprietor residing in Canada
  • Be a private, for-profit company
  • Have between 1 and 499 full-time equivalent employees
  • Have at least $500,000 in annual income in any of the previous three tax years

Check all these boxes? Then head to the Canadian Digital Adoption Program to apply.


        

Comments are closed.