Canada Digital Adoption Program

Canada Digital Adoption Program (CDAP) is a government program that helps small and medium-sized businesses (SMEs) adopt digital technologies to increase their competitiveness.

Eligible businesses will receive a CDAP Grant of $15,000 to develop their Digital Solution Adoption Plan & CDAP Loan to put it to action.

The Digital Revolution is redefining our mode of work.

In a world of digital disruption and rapid technological advancement, strategic planning enables our readiness to improve delivery with modular and composable systems.

If we don't rise to the level of our goals, we will fall to the level of our systems.
Success and failure are a game of expectation. A goal can't be scored unless the player shoots at the goal. Goals are the outcomes desired, whereas systems are the processes that will get you there.

Our Team is pleased to support the Canada Digital Adoption Program (CDAP) helping small and medium-sized enterprises (SMEs) in adopting digital technologies to boost their competitiveness.

Digital Solution Adoption Plan

Our Digital Solution Adoption Plan simplifies and links the dots to support a proactive, systematic approach to Digital Transformation (Dx).

Together, we'll follow a three phased approach to develop your Digital Solution Adoption Plan:

1. Business Improvement
Review

During this no-obligation call, our Business Improvement Review explains how Digital Transformation can boost your business.

$0.00

Includes: You'll be going through our 360-degree quick score assessment to identify the hot-spots, opportunities and bottlenecks in your business to set priorities for business improvements
Business Discovery
what are the main goals for sales, marketing operation and management?
Digital Maturity Discovery
can we effectively leverage digital technologies to support the business goals?
Technology Discovery
can we effectively support the business with the right technologies?
Learn more

2. Digital Maturity Assessment

Our Digital Maturity Assessment provides a very comprehensive Digital Strategy designed for busy small and medium-sized business executives.

$7,910.00(90% rebate)

Includes: Our Digital Maturity Assessment examines your company's technology and business process through:
Orientation
Learn about the digital maturity model, take the quick scores, and look over the whole assessment.
Assessment & Analysis
Complete analysis of your company's digital maturity in seven key areas.
Digital Maturity Action Plan
Develop the action plan using aligned priorities, capabilities, and existing resources.
Learn more

3. Digital Solution Plan

Our Digital Solution Plan is a simple project plan that can handle the complicated nature of selecting and implementing Digital Solutions.

$9,040.00(90% rebate)

Includes: Here are the parts of a great Digital Solution Plan that we will make:
Project Vision Statement
Do we know the goals, expected results and the very narrow scope of the project?
Project Timeline Plan
Do we know the project milestones, tasks, resources and the people accountable for the outcomes?
Project Execution Plan
Do we know how to manage the upcoming risks, issues, deadlines, and teamwork to execute the plan efficiently?
Learn more
Investment Summary

Digital Solution Adoption Plan:
$16,950.00(HST included)
Canada Digital Adoption Program Grant (90% rebate):
$15,000.00(90% rebate)
Total Investment:
$1,950.00(HST included)

BDC CDAP Loan Breakdown

The BDC CDAP loan covers digital solutions that are directly associated with your Digital Solution Adoption Plan.

Eligible businesses with an approved CDAP Digital Solution Adoption Plan can receive a zero-interest loan of up to $100,000 to implement their Digital Solution Adoption Plan.

Loan amount

> $100k

Interest rate

0% interest

Term

5 years

First, we'll schedule a meeting to discuss your CDAP eligibility and answer any questions you have.

We're here to help you accelerate your Business Technology.

As your Digital Adoption Specialists, we are certified Digital Maturity Advisors by CDAP Partners, who have shown that we meet all the requirements for putting Digital Adoption Plans in place for small and medium-sized businesses (SMEs) clients.

Valued by both domestic and international clients

Together, we'll evaluate all critical areas where technology and operational processes meet in order to implement a variety of digital solutions for smooth management of operations, production, sales, and other business-related activities.

Our phased approach accelerates digital adoption, simplifies digital transformation, and gives you control.

Together, we will assist you in identifying bottlenecks, developing action plans, and implementing effective Agile Solutions.
1. Dx Business Improvement Review

Ex. Improve the inbound sales process with screening calls and follow up emails

learn more
2. Dx Maturity Assessment

Ex. Train sales reps for the processes and systems and give them reports

learn more
3. Dx Solution Plan

Ex. CRM (Customer Relationship Management)

learn more
Digital Transformation

1. Business Improvement Review

Understand Digital Transformation, your current state and your opportunities to stop wasting time and money.

In order to fully understand the impact of digital transformation on your business, as well as the opportunities it presents, a Business Improvement Review is a must-have tool.

learn
more
Digital Transformation (DX) plan

2. Digital Maturity Assessment

There are so many business problems to fix, you are bombarded with ideas of digital solutions and you feel uneasy spending money as you do not have a plan.

A Digital Maturity Assessment helps you to see the big picture, get an action plan, get your team aligned and estimate a budget to improve your business in a systematic way.

learn
more
Digital Transformation (DX) plan

3. Digital Solution Adoption Plan

There have been so many promises that implementing digital solutions will solve problems. Projects came off the rails over time, went over budget and failed to deliver promised results.

A digital solution plan is a simple project plan that can handle the complicated nature of selecting and implementing digital solutions.

learn
more

🫥 Life is too short for yet another digital project to fail.
🎖 Successful companies embrace digital technologies because it boosts customer satisfaction and employee morale, resulting in higher revenue.

👾 Everyday technological breakthroughs will continue to push businesses to transform and adapt to thrive in competitive markets.
🫶 Together, we'll help you refresh, figure out what the problem is, and make a plan for how to solve it.

🎯 Digital Solutions are complex things that change how people use technology to improve processes.

⏱ For example: Customer Relationship Management (CRM) software can be implemented (technology), but most of the work is changing the sales process and how people work.

Step-by-step, we'll help you apply!

Innovation, Science and Economic Development Canada (ISED)
1. Register

Together, let's get started on Innovation, Science and Economic Development Canada’s (ISED) website.

Innovation, Science and Economic Development Canada (ISED)
2. Build your Digital Solution Adoption Plan

Build your digital plan with our help. We're an ISED-approved partner.

Innovation, Science and Economic Development Canada (ISED)
3. Complete your Digital Solution Adoption Plan!

Together, we will build and Submit your custom Digital Solution Plan to ISED.

Business Development Canada (BDC)
4. Use Your Plan to apply with BDC

Once ISED validates the plan, submit your invoices to receive up to $15,000/(90%) to cover your advisory fees with us!

First, we'll schedule a meeting to discuss your CDAP eligibility and answer any questions you have. Our digital transformation services are available even if you don't qualify for CDAP.

Why Apply?

Get access to an expert

Cover up to 90% of the cost of Advisory to develop your digital strategy.

Increase your competitiveness

High sales growth and profit margins can be achieved by businesses that are digitally mature.

12 months capital postponement

Invest in new technology while having a stable cash flow.

Digital Adoption Specialists

KBC’s team is one of Canada Digital Adoption Program's (CDAP) network of approved partners. We can show you how to digitize your business and achieve your strategic goals. We provide the tools and knowledge to support your digital adoption initiatives in a hands-on approach.

Ready to propel your Business Technology?

Book now & Start your application with us Today!

Frequently asked questions

I want to know more about registering for the Canada Digital Adoption Plan (CDAP)
The Canada Digital Adoption Plan website shows two funding opportunities,
Stream 1: Grow Your Business Online and Stream - 2: Boost Your Business Technology.  - What’s the difference?

Stream 1: Grow Your Business Online
BDC is not involved in this stream.
Grow Your Business Online helps small, consumer-facing businesses with yearly revenues under $500k to take advantage of e-commerce opportunities. It provides advisory services as well as micro-grants of up to $2,400 to help with the costs related to adopting digital technologies

.Stream 2: Boost Your Business Technology
BDC is involved in this stream.
Boost Your Business Technology helps small and medium sized businesses that require more advanced technology. These businesses will be able to access a grant from Innovation, Science and Economic Development Canada (ISED) to cover up to 90% of the cost of advisory services to develop a digital adoption plan, to a maximum grant value of $15,000. The business will then have the opportunity to apply for a zero-interest loan of up to $100,000 from BDC to implement the technology.
Please note that although the loan request is being made under CDAP, applicants must meet CDAP eligibility criteria and BDC credit worthiness requirements to receive a loan offer.
For more information, visit ISED's website

I qualified for Stream 1: Grow Your Business Online, can I still request a zero-interest loan?

No, the zero-interest loan is only for businesses that are eligible under Stream 2: Boost Your Business Technology.

Can I apply for Stream 2: Boost Your Business Technology loan if I am a start-up?

Companies that can demonstrate a minimum of $500K in revenues either in year 2020, 2019 or 2018 are eligible for the Boost Your Business Technology stream. If they do not meet these criteria, they may apply to Stream 1: Grow your business online.

Please note that although the loan request is being made under CDAP, applicants must meet CDAP eligibility criteria and BDC credit worthiness requirements to receive a loan offer.

Can I apply for multiple businesses?

Yes, you may submit applications to CDAP for multiple businesses. Each business will need to operate separately from the other(s) and have its own digital adoption plan.

I want to know more about the Digital Solution Adoption Plan
Will KBC Advisory Services be able to help me with the creation of a digital solution plan?

Yes, KBC is one of the registered service providers on the Digital Advisors Marketplace. If your business is deemed eligible for the Boost Your Business Technology stream, you will have access to a curated list of service providers that are right for you on the Digital Advisors Marketplace. You can then select the service provider that meets your needs.

Can I be considered for a loan if I already have a digital solution plan?

If you have a Systems Selection plan or a digital adoption plan from KBC Advisory Services, or if you have another plan created by a digital adoption program recognized by ISED, you are invited to apply through the CDAP portal for the Boost Your Business Technology stream. During the application process, select the fast-track option and upload your plan. After it is approved, you will be referred to BDC to apply for the 0% loan.
To account for uncertainties and delays caused by the pandemic, existing plans of up to 24 months old are eligible for CDAP.
For the complete list of recognized programs, visit ISED’s website.

How long do I have to apply for the 0% loan after my digital adoption plan is approved?

You will have 6 months from the time you receive your personalized link from ISED to BDC to complete your loan application. If you’ve completed a digital adoption plan through another recognized program, you have 30 days to apply. If you exceed this timeframe, you will be ineligible for the loan.

I want to know more about the BDC zero-interest loan
What are the loan terms and amounts?

Zero-interest loan of up to $100,000 with a 5-year term + 12 months capital postponement (total of 6 years). CDAP is a four-year program, so you can apply for the program until 2026.

The amount of the loan is determined by the size of your business. If your annual gross revenues are:
. between $500,000 and below $5M you can request a loan of between $25,000 and $50,000
. $5M and more, you can request a loan between $25,000 and $100,000

The loan must be used solely for the implementation of a digital adoption plan that is recognized by the CDAP Boost Your Business Technology stream .

Please note that although the loan request is being made under CDAP, applicants must meet CDAP eligibility criteria and BDC credit worthiness requirements to receive a loan offer.

You can create your digital adoption plan, receive the grant that covers up to 90% of advisory services and then decide against the zero-interest loan. Participating in the digital plan portion of CDAP does not oblige you to apply for a loan. If you move forward to implement your plan, you can also source the required funds from your own cashflow or from your regular financial institutions.

When can I apply for a BDC loan?

The first step before applying for the loan is to have a digital adoption plan that is recognized by the CDAP Boost Your Business Technology stream. If you already have a digital adoption plan that was developed through a recognized government digital adoption program, you may be eligible to proceed directly to a loan application without developing a new plan.

Once your digital adoption plan has been reviewed by CDAP and if you are interested in applying for a loan, ISED will send you an email with a personalized link.

Please note that although the loan request is being made under CDAP, applicants must meet CDAP eligibility criteria and BDC credit worthiness requirements in order to receive a loan offer.

Can I repay an existing loan with this loan?

No. The loan under this program must be used to implement your digital adoption plan. You must be willing to attest to the use of the funds. Please understand that CDAP can audit you on this point.

Why was I declined for the loan when I passed program eligibility?

The program eligibility is only one step in the process of making the loan request.

Your business may be declined for multiple reasons. For example, it may not have met BDC’s credit worthiness criteria (ex: credit history, etc.).

Please note that although the loan request is being made under CDAP, applicants must meet CDAP eligibility criteria and BDC credit worthiness requirements to receive a loan offer.

Also, as the CDAP zero-interest loan is part of a standard loan application, standard banking practices apply. A declined loan request is reflected in your credit score. This is part of the consent you provide when applying for the loan.