Boost Your Business Technology
$15,000 Grant, up to$100,000 BDC Loan
The Boost Your Business Technology grant offers support to Canadian-owned small and medium sized enterprises (SMEs) who want to adopt new digital technologies.
Eligible businesses will have access to a marketplace of digital adoption experts to help them develop a digital adoption plan tailored to their needs.
Eligible businesses can leverage the grant to pay for the services of a digital advisor. These advisors will work with companies to recommend digital pathways and strategies that will help them achieve their business goals and increase their competitiveness in the digital economy.
The grant covers up to 90% of the eligible cost of retaining the services of a digital advisor, up to a maximum grant value of $15,000 per SME, to develop a digital adoption plan.
Businesses also have the opportunity to secure a 0% interest loan (up to $100,000 loan) from the Business Development Bank of Canada (BDC) to facilitate the acquisition of new technology. In addition, applicants can leverage the help of talented post-secondary students and recent graduates through subsidized work placements.
To be eligible, you must be:
Be incorporated federally or provincially, or be a Canadian resident sole proprietor
Be a for-profit, privately owned business
Have between 1 – 499 full time equivalent employees
Have at least $500,000 of annual revenues in one of the previous three tax years
So, what does this mean for advisors?
This is an opportunity to:
Refresh your website or create a new website with an online booking system with Calendly or Microsoft Bookings
Create a lead magnet for lead generation
Create an email sales nurture campaign to nurture prospects
Send out email newsletters
Create a social media strategy on LinkedIn, Facebook, Twitter
Search Engine Optimization
Paid ads- Google, Facebook, LinkedIn for Lead Generation
Use towards a Client Relationship Management System (CRM)
To apply, please go to: https://ic.gc.ca/eic/site/152.nsf/eng/00013.html
Please note that this application will require you to sign up through your CRA login.
To get more information about the grant, here’s the link: https://ic.gc.ca/eic/site/152.nsf/eng/home
If you want to have a quick chat, let’s set up a time to talk.