Since 2022, Vertical Motion Inc. has been recognized by the federal government as a Digital Advisor of the Canada Digital Adoption Program (CDAP). This program allows our eligible clients to offset up to 90% of the costs associated with the development of a custom digital adoption plan.
The Canada Digital Adoption Program (CDAP) is a $1.4 billion investment fund by the Government of Canada that aims to support the digital transformation of small and medium-sized enterprises (SMEs). The program provides eligible Canadian businesses with financing, tools, and resources to develop and implement digital transformation plans to propel their business forward. Whether your goal is to reduce overhead expenses, improve inventory management, overcome supply chain bottlenecks, or enhance business operations, the Canada Digital Adoption Program (CDAP) can help you reach your targets.
Program Benefits
- Up to $15,000 in Non-Dilutive Funding
- Up to $100,000 in BDC 0% Interest Loans
- Up to $7,300 in Wage Subsidies
- Custom-Tailored Digital Adoption Plan
- Free Business Digital Readiness Assessment Tool
Eligibility Criteria
- Is a for-profit business
- Is a privately owned business
- Has between 1 – 499 full-time equivalent employees
- Is a sole proprietor whose owner is a Canadian resident OR a business incorporated under the laws of Canada or a province or territory
- Is a business that respects human rights codes, labour, environment and anti-corruption standards, as well as engages exclusively in legal activities
- Has at least $500,000 in annual revenue as of the closing date of their last fiscal year-end but no more than $100M in one of the previous three tax years
- Is a Canadian-controlled Private Corporation (CCPC) as defined by the Canada Revenue Agency (applicable if the business is incorporated under the laws of Canada or a province or territory)
Example 1
Angela's Auto Parts
Example 2
Harnarayan's Foods
More Information
To learn more about the Canada Digital Adoption Program (CDAP) visit our Grant Funding Assistance page. Ready to apply? Contact us today!
Vertical Motion Inc. is a trusted Canadian software development and entrepreneur assistance company that has supported the global efforts of startups, non-profits, B2B, and B2C businesses since 2006. With headquarters in Calgary and Kelowna, and team members coast to coast, Vertical Motion Inc. is recognized as an award-winning leader in the technology industry. Our team of executive advisors, project managers, software developers, business analysts, marketing specialists, and graphic designers have extensive experience in several industries including — Energy, Finance, Blockchain, Real Estate, Health Care, Clean Technology, Clothing & Apparel, Sports & Recreation, Software as a Service (SaaS), and Augmented & Virtual Reality (AR/VR).
Come chat with us and let us take you “From Idea to Execution and Beyond!” 🚀
Communications officer on the bridge at Vertical Motion Inc.