Thorold CDAP

Thorold CDAP Assistance helps Canadian-owned businesses explore funding and guidance for adopting digital technology. The service promotes the Canada Digital Adoption Program (CDAP), a federal initiative associated with Business Development Bank of Canada and Innovation, Science and Economic Development Canada, and focuses on supporting businesses in Thorold, Ontario. Its offerings include assistance with CDAP grant and loan applications, business funding inquiries, and guidance on the application process and supporting documents.

The website describes a grant of up to $15,000, covering up to 90% of an advisor consultation fee, an interest-free loan ranging from $25,000 to $100,000 for implementing a digital adoption plan, and a wage subsidy of up to $7,300 for eligible interns. It also highlights expert support, strategic planning, online business growth, and digital transformation. The eligibility criteria presented include Canadian ownership, for-profit status, one to 499 full-time-equivalent employees, and annual revenue of $500,000 to $100 million in at least one of the past three tax years.

Businesses can apply online or contact the team by phone