Goodwing Solutions Is Now Offering Digital Adoption Plans for use with CDAP

Alex Wingert

After first hearing about the Canadian Digital Adoption Program (CDAP) from clients in Port Moody and Coquitlam, we decided to see what the program was all about.

If you haven’t heard, the Government of Canada has created this program to help Canadian businesses digitally transform their business and help them grow. To be specific, the government has allocated $4 billion towards this program, which will last until 2026. No small amount.

There are 2 streams to the Canadian Digital Adoption Program.

Stream 1 Grow Your Business Online Grant: $2,400 to set up e-commerce and grow your business online.

Stream 2 – Boost Your Business Technology Grant: $15,000 grant to work with an advisor to create a Digital Adoption Plan + Access to a 0% interest loan of up to $100,000 + up to $7,300 wage subsidy to hire talent to help implement your Digital Adoption Plan.

Helping businesses transform through Digital Technology? Sounds like it would be right up our alley. Within days of learning about this program, we reached out to Digital Maturity Group to get certified to deliver Digital Adoption Plans through this program. Within 3 weeks, we were up and running and working with businesses through the CDAP process.

Primary Benefit of the Canadian Digital Adoption Program (CDAP)?

From what we’ve seen, this program is very attractive to businesses that have plans to grow. Specifically, companies that have digital transformation and improvement as part of their roadmap in the next 24 months.

2023 has been a challenging year for the economy in Canada. Consumer spending is down, and some businesses are facing cash flow issues. As a result, companies are delaying implementing new technology solutions that would help scale and grow their business.

After completing a Digital Adoption Plan with a Certified Advisor, businesses that use Stream 2 are then able to apply for a 0% interest loan to implement the technology solutions outlined in their Digital Adoption Plan. Depending on the revenue of the business, this loan can be up to $100,000 on a 5-year term with a 12-month capital postponement (total of 6 years).

Examples of Projects that Fit Within the Canadian Digital Adoption Program

This list isn’t exhaustive, but it should give you a good idea of what’s possible

  1. Implementing a new CRM
  2. Building integrations and automation between existing applications
  3. Creating an e-commerce store/new website
  4. Purchasing cell phones and tablets to increase team communication and efficiency in the field
  5. Creating and implementing a digital marketing strategy
  6. Creation of a business dashboard to bring company KPIs together in one place
  7. Implementation of a digital inventory system

What’s Next?

Apply to the program through the government portal here: APPLY NOW.

Once you’ve completed the application, reach out to Goodwing Solutions to get started on the creation of your Digital Adoption Plan.

Grow your business by utilizing CDAP grants and loans.