Government Funding to Digitize and Boost your Business
Access a $15,000 government grant for analysis and planning. Discover digitization and technology strategies to advance your business. Implement them with a $100,000* no-interest loan.
The Canada Digital Adoption Program (CDAP) launched the Boost Your Business Technology grant. This grant helps SMEs adopt new digital technologies.
Use the free digital assessment tool to evaluate your business’s digital readiness
Get up to $15k to consult a digital expert to develop a digital adoption plan for your business
Get up to $100k in 0% interest loans from BDC to implement your digital adoption plan
Use a funded work placement to get a student or recent graduate to help with your digital transformation
$15,000 Digital Adoption Plan
Evaluate problems and discover opportunities. Learn how your business can grow with a custom Canada Digital Adoption Plan.
$100,000* No-interest Loan
Implement your Canada Digital Adoption Plan. Get the Hardware, Software, Training, and Skillset your business needs.
Do you qualify for funding?
The Government of Canada has outlined four mandatory criteria for eligible applicants:
You are an owner or director.
Your business is Canadian owned.
Your business has 1 to 499 employees.
Your business has had at least $500,000 in annual revenue in 1 of the last 3 years.
Complete the CDAP assessment tool to determine your business’ digital maturity and whether you qualify for the Boost Your Business Technology Grant.
How we can help
Litcom will be analyze your business from top-to-bottom to find the most effective areas where digitization can improve your profits, efficiency, costs, etc. We’ll look at everything, including:
BUSINESS NEEDS ASSESSMENT
Review your operations, current technology, and business strategy to identify where you can benefit from digital transformation.
REVIEW SOLUTIONS OPTIONS
Find platforms and capabilities that will support your budget and business objectives — and create a cost / benefit analysis of your top options.
STRATEGY & ROADMAP
Design a comprehensive digital strategy with steps, timelines, and resources to achieve your near- and long-term transformation objectives.
TURN YOUR PLAN INTO ACTION
Developing your strategic plan and roadmap are just the beginning. You also need to execute throughout your transformation journey. Our comprehensive and highly skilled team of digital transformation architects can provide ongoing support to help you modernize and optimize your business technology.
You can benefit from our full suite of solutions for small and medium sized businesses, including our relationships with leading vendors, industry leading platform and project management expertise. With Litcom, you won’t just get a service provider — but a transformation partner who’s completely invested in your success.
Ready to get started?
Our dedicated team is standing by and ready to help you access and make the most of CDAP funding. Reach out today for more information about the program, your eligibility, and your transformation opportunities.
Frequently Asked Questions
Think you’re ready to take advantage of the Canada Digital Adoption program, but don’t know where to start? Here, we provide clarity on the most common points of confusion, what you can get from the Boost Your Business Technology Grant, and how Litcom can help you through every step of the process.
Who qualifies for a Boost Your Business Technology grant?
The Government of Canada has outlined four mandatory criteria for eligible applicants:
- Incorporated at the national or provincial level; or be a Canadian resident sole proprietor.
- Privately-owned for-profit entity
- Maximum 499 full time equivalent employees
- At least $500,000 and not more than $100 million in revenue in one (1) of the past three (3) tax years.
How do I access funds?
The Government of Canada will reimburse you for up to 90 percent of eligible expenses, up to $15,000. Once your Litcom advisor has completed work on your digital adoption plan you will submit the relevant invoices to receive your grant payment.
Can Litcom apply for funding on my behalf?
You must apply for the grant directly. However, our team can guide you through the process, review your application, provide feedback to maximize your likelihood of success and answer any questions you have.
Can I work with any company that offers digital services?
The Government of Canada has a list of partners in its Digital Advisor Marketplace who you can work with. Litcom is an approved vendor for the Canada Digital Adoption Program.
How long will it take to create my digital adoption plan?
You need to submit your digital adoption plan and invoices to the federal government for reimbursement within nine (9) months of being approved for funding. Though, in most cases Litcom can help you develop your technology roadmap much sooner — typically within several weeks of signing your engagement contract.
What will I get as part of my digital adoption plan?
Your digital adoption plan is a comprehensive assessment of the opportunities to improve your business by leveraging modern hardware and platforms. Specific deliverables you will receive from Litcom include:
- Current state analysis
- Post transformation capability report
- Summary of proposed digital solutions, including a cost / benefit analysis of your top three options and high-level requirements
- Near- and long-term digital strategy
- Implementation roadmap, including timelines, costs, and required capabilities
Can I use funding to purchase new hardware and platforms?
No. The Boost Your Business Technology grant is intended to assess your digital maturity and opportunities to increase your competitiveness through digital transformation. Eligible costs are limited to those involved with creating your digital adoption plan, including:
- Advisor fees, commissions, and charges associated with creating your digital adoption plan
- Applicable federal and provincial sales taxes associated with fees charged by the advisor
Will Litcom implement my digital adoption plan?
Your digital adoption plan will provide a comprehensive roadmap of your priorities, including timelines, budgets, and a cost benefit analysis of relevant platforms and strategies. This would be the end of our engagement from a Canada Digital Adoption Program perspective. However, it is merely the beginning of your overall transformation journey.
We look forward to continuing with you through the implementation phases. Having already formed a deep understanding of your transformation needs, engaging our team will make for a seamless transition from planning to execution. As a full-service firm, we have the people, expertise, and relationships in place to ensure you get the best return on your digital investment.