Businesses may qualify for a $7,300 wage subsidy to hire either a current student or recent graduate as part of a digital transformation or adoption initiative. As this is part of the Boost Your Business Technology track, the same eligibility criteria and process to...
You will have 12 months from the time you receive your personalized link from Innovation, Science and Economic Development Canada (ISED) to BDC to complete your loan application. If you exceed this timeframe, you will be ineligible for the loan.
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...
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 creditworthiness criteria (ex: credit history, etc.). Please note that although the loan...
TAKEN DIRECTLY FROM ISED’s WEBSITE… The registration process starts with an online digital needs assessment (DNA) that identifies the SME’s business and digital strengths and weaknesses across several parameters, such as strategy, business model, products and...
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