Minister St-Onge highlights advantages of Canada Digital Adoption Program for small companies in Quebec

Minister St-Onge highlights advantages of Canada Digital Adoption Program for small companies in Quebec

GRANBY, QC, Dec. 20, 2022 /CNW/ – Small companies are the spine of the Canadian economic system and the guts of communities throughout the nation. As small companies adapt to the digital economic system and the lasting impacts of the COVID-19 pandemic, the Authorities of Canada is working to assist them proceed rising, thriving, and creating good jobs.

Right now, the Honourable Pascale St-Onge, Minister of Sport and Minister accountable for the Financial Improvement Company of Canada for the Areas of Quebec, on behalf of the Honourable Mary Ng, Minister of Worldwide Commerce, Export Promotion, Small Enterprise and Financial Improvement, highlighted the advantages of the Canada Digital Adoption Program’s (CDAP) Develop Your Enterprise On-line grant for small companies in Quebec. Minister St-Onge famous that small companies can entry a grant of as much as $2,400 to assist them undertake e-commerce or increase current e-commerce operations. As a part of the grant, small companies may even obtain recommendation from e-commerce advisors.

The grant is accessible from the Fédération des chambres de commerce du Québec and the Réseau des Sociétés d’aide au développement des collectivités et Centres d’aide aux entreprises.

CDAP, which can present $4 billion over 4 years, will help as much as 160,000 small companies and create good middle-class jobs throughout the nation, together with 1000’s of jobs for younger Canadians.

Underneath CDAP, Canadian small and medium-sized enterprises will be capable of assess their digital readiness and apply for grants and loans on-line. This funding will assist them leverage e-commerce alternatives, improve or undertake digital applied sciences, and digitize their operations to remain aggressive within the digital market and meet their clients’ wants. Relying on their dimension, particular wants and targets, companies can apply for funding by means of the Develop Your Enterprise On-line or Enhance Your Enterprise Expertise choice.

Accelerating the digital transformation of Canadian companies will assist them keep aggressive whereas creating jobs and rising the economic system as we get well from the pandemic.

Quote

“Canadian entrepreneurs and enterprise house owners in Quebec are progressive and resilient, and they’re core drivers of financial development of their communities. The federal government will proceed to help them as they begin up, scale up and export to new markets in Canada and world wide.”
– The Honourable Pascale St-Onge, Minister of Sport and Minister accountable for the Financial Improvement Company of Canada for the Areas of Quebec

Fast information

  • Introduced in Finances 2021, the Canada Digital Adoption Program (CDAP) is an funding in serving to companies succeed. It’s anticipated to help as many as 160,000 small companies and assist create 1000’s of jobs, together with as much as 28,000 job placements for college kids and up to date graduates to achieve useful work expertise.

  • CDAP consists of $1.4 billion in grants and advisory companies to assist small and medium-sized enterprises (SME) undertake e-commerce and as much as $2.6 billion in loans from the Enterprise Improvement Financial institution of Canada (BDC) to assist SMEs cowl the price of implementing digital transformation plans.

  • SMEs excited by making use of for a grant or mortgage underneath CDAP can reply a few fast questions on-line to assist decide the funding that’s greatest suited to fulfill their wants.

  • Retail e-commerce quickly elevated through the pandemic. In response to Statistics Canada information, 12 months–over-year retail e-commerce elevated by greater than 110% in Might 2020 in comparison with Might 2019.

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SOURCE Innovation, Science and Financial Improvement Canada

Minister St-Onge highlights advantages of Canada Digital Adoption Program for small companies in Quebec

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