The Canada Digital Adoption Program (CDAP) was created by the federal government in March 2022 to help small businesses upgrade their digital technology. However, in its first year the $4-billion program spent just three per cent of its budget on grants and loans.

CDAP has a number of components:

• $2,400 microgrants for website creation
• $15,000 grants to fund business planning
• Loans up to $100,000 for technology upgrades
• $7,300 wage subsidies to hire students

The Globe and Mail took a closer look at the program, delving into its’ strengths and weaknesses. To read the story, click HERE.

To learn more about CDAP, click HERE.