Amount:

$15,000

Type of Program:

Grant


Description:

The Stream 2: Boost your Business Technology will offer support to small and medium Canadian-owned businesses (SMEs) to adopt new technologies. Support for these businesses will be in the form of grants to offset the cost of retaining digital advisors who will develop digital adoption plans tailored to the business.

Comments on Funding:

Funding is a grant that will cover 90% of the cost to develop the digital plan, up to $15,000.
To support the implementation of the plan, the SME will be able to apply for a zero-interest loan from the Business Development Bank of Canada (BDC) (up to $100,000) as well as a wage subsidy up to $7,300 for a youth placement.


When It Ends:

Accepting applications

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • Applicants must be Canadian-owned (SMEs), such as small manufacturing and food processing operations.

Other Things to Note:

Contradictory information on the website:

  1. 1
    Stream 2: Boost your Business Technology is not yet open for applications but be the first to know by subscribing for updates.
  2. 2
    Digital Advisors that SMEs can hire to develop a digital transformation plan for their business — Now open for applications! The apply tab is not yet active.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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