If you are a small business owner who wants to reach more customers online, you may be eligible for a microgrant of up to $2,400 and access to a network of digital advisors through the Canada Digital Adoption Program (CDAP) Stream 1: Grow Your Business Online. For a broad overview of the stream options and CDAP, read my first column.
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If you are a small business owner who wants to reach more customers online, you may be eligible for a microgrant of up to $2,400 and access to a network of digital advisors through the Canada Digital Adoption Program (CDAP) Stream 1: Grow Your Business Online. For a broad overview of the stream options and CDAP, read my first column.
What is CDAP Stream 1?
CDAP Stream 1 is a federal program that aims to help up to 90,000 customer-facing businesses adopt digital technologies related to e-commerce capabilities and increase their digital presence. The program is delivered by third-party organizations that have expertise and experience in helping local and regional businesses go digital.
What are the benefits of CDAP Stream 1?
By participating in CDAP Stream 1, you can:
- Receive a microgrant of up to $2,400 to cover the costs of adopting digital technologies such as digital storefronts and e-commerce platforms.
- Create or improve your online presence and reach more customers locally and globally.
- Learn new skills and best practices for digital marketing, e-commerce, cybersecurity, and more.
Who can apply for CDAP Stream 1?
The Canada Digital Adoption Program (CDAP) Stream I offers funding for for-profit businesses, including social enterprises and cooperatives, that are registered or incorporated. To qualify, your business should be consumer-facing, have at least one employee besides the owner OR report at least $30,000 in annual revenue. Upon approval of your application, you will have a six-month window to submit all required paperwork and invoices. This period ensures ample time for accurate documentation of your digital adoption strategy and necessary financial records.
However, corporate chains, franchises, registered charities, multi-level marketing companies, brokerage firms, businesses involved in online reselling or drop-shipping with third-party suppliers, and wholesale, distribution, or manufacturing businesses (unless selling directly to consumers) are not eligible for Stream 1.
How can I apply for CDAP Stream 1?
Applying for Stream 1 of the CDAP can be initiated through the official CDAP website.
However, based on personal experience, I recommend using Digital Main Street as your service provider for Stream 1. They provide an efficient and streamlined process, making the application more manageable. An e-commerce advisor from Digital Main Street will assist you in formulating a digital adoption plan tailored to your business needs.
It's important to note, though, that Digital Main Street may not be available to process applications in all provinces. Ensure to verify their coverage before proceeding.
For more information about CDAP Stream 1, you can:
Visit the CDAP Stream I website section found here About the Canada Digital Adoption Program (CDAP) and read the program overview and the frequently asked questions.
In Part 3 of this article series, I will explain more about CDAP Stream 2, including how to apply and what benefits it has.
