CDAP
What is CDAP?
CDAP is a new program created and funded by the Federal Government which provides small and medium businesses (SMEs) with interest-free loans of $50k - $100k, a wage subsidy of $7,300, and the services of a qualified Digital Advisor, all to help the business become more profitable and efficient.
Am I Eligible and How Long Does it Take?
If your business is incorporated, has at least one employee, and had total gross revenues of at least $500k in any of the last three years, you will likely qualify for the program.
The application process usually takes no more than 30 minutes and most of our clients have received the interest-free loan and other benefits within four weeks of applying.
What's Involved?
If you wish to participate in CDAP and its various benefits, you must first apply to participate in the program and then pick a Government-approved Digital Advisor (such as 3B Digital Consulting) to prepare a Digital Adoption Plan for your business. Once the Digital Advisor has finalized your Digital Adoption Plan, you simply upload it to the Government portal, following which you'll receive instructions on how to access the wage subsidy and the interest-free loan (subject only to basis creditworthiness).
How Do I Get Started?
In order to get started, please just complete the very short questionnaire found here. A member of our team will then reach out to you with a full explanation of next steps.