Technology grants are vital for SMEs seeking to innovate and transform. Navigating the complex landscape of opportunities like CDAP and ESSOR can be daunting, which is why our service is designed to make this process as straightforward as possible. As authorized digital advisors for both CDAP and ESSOR, we have a proven track record of helping hundreds of SMEs secure the funding they need to upgrade their technology infrastructure.
Our expertise covers everything from initial consultation, analysis to submission and follow-up, ensuring you maximize your funding opportunities without adding financial strain. We are also accredited advisors and experts with several other programs to help SMEs access funds for their growth and development.
List of Grants and Financing Programs for SMEs in Canada and Quebec
List of Grants and Financing Programs for SMEs in Canada and Quebec
While many grants focus on diagnostics and analysis to help SMEs assess their technology needs, few extend to covering the implementation of the actual technology. This is where our Innovant financing program stands out.
Unlike many funding options that stop short of supporting the deployment of technology,Innovant's Digital Adoption Program (IDAP) provides comprehensive interest-free financing for up to 12 months, allowing SMEs to not only evaluate their technology requirements but also to implement solutions such as ERP, CRM, and website upgrades. This financing program ensures you can move from planning to action without straining your cash flow, giving you the competitive edge you need today.
1. Canadian Digital Adoption Program (CDAP)
- Target: Most SMEs with annual revenues above $500,000.
- Status: No new intakes for now; only those with existing signed agreements are eligible.
- Target: Most SMEs with annual revenues above $500,000.
- Status: No new intakes for now; only those with existing signed agreements are eligible.
2. ESSOR Program
- Target: Most SMEs with annual revenues above $500,000.
- Availability: Until March 31, 2025.
- Target: Most SMEs with annual revenues above $500,000.
- Availability: Until March 31, 2025.
Sub-Component B: Digital Diagnostics, Digital Plans, and Implementation Plans
- Type: Non-repayable grant.
- Assistance Rate: 50% of eligible expenses.
- Maximum Amount: $20,000 for the duration of the program.
- Type: Non-repayable grant.
- Assistance Rate: 50% of eligible expenses.
- Maximum Amount: $20,000 for the duration of the program.
Sub-Component C: Implementation of Action Plans and Digital Plans
- Type: Non-repayable grant.
- Assistance Rate:
- 50% of eligible expenses for the first project.
- 40% of eligible expenses for the second project.
- 30% of eligible expenses for subsequent projects.
- Maximum Amount: $50,000 per project.
- Eligibility: All sectors except primary sector (with specific exceptions), mining, quarrying, oil and gas extraction, real estate, construction (excluding productivity-enhancing projects), utilities, management, healthcare, education, public administration, finance, insurance, arts, entertainment, recreation, telecommunications, broadcasting, accommodation and food services (with specific exceptions), and other services (excluding public administration).
- Type: Non-repayable grant.
- Assistance Rate:
- 50% of eligible expenses for the first project.
- 40% of eligible expenses for the second project.
- 30% of eligible expenses for subsequent projects.
- Maximum Amount: $50,000 per project.
- Eligibility: All sectors except primary sector (with specific exceptions), mining, quarrying, oil and gas extraction, real estate, construction (excluding productivity-enhancing projects), utilities, management, healthcare, education, public administration, finance, insurance, arts, entertainment, recreation, telecommunications, broadcasting, accommodation and food services (with specific exceptions), and other services (excluding public administration).
3. Financial Aid for Food Processors and the Agricultural Sector
- Target: Agriculture sector companies.
- Assistance Rate: Between 50% and 75%.
- Maximum Amount: $30,000.
- Availability: Until March 31, 2028.
- Target: Agriculture sector companies.
- Assistance Rate: Between 50% and 75%.
- Maximum Amount: $30,000.
- Availability: Until March 31, 2028.
4. Grant Program for Environmentally Friendly Business Practices and Clean Technologies
- Target: Companies wishing to adopt environmentally friendly practices and clean technologies.
- Eligibility: For-profit companies or legally constituted social economy enterprises registered in Quebec.
- Target: Companies wishing to adopt environmentally friendly practices and clean technologies.
- Eligibility: For-profit companies or legally constituted social economy enterprises registered in Quebec.
a) Adoption of Eco-Responsible Business Practices
- Studies and Analyses: Up to $20,000.
- Development of Action Plans: Up to $10,000.
- Coaching in Implementation: Up to $10,000.
- Maximum Financial Assistance: $40,000 per project, covering up to 75% of eligible expenses.
- Studies and Analyses: Up to $20,000.
- Development of Action Plans: Up to $10,000.
- Coaching in Implementation: Up to $10,000.
- Maximum Financial Assistance: $40,000 per project, covering up to 75% of eligible expenses.
b) Preparation for Acquisition of Clean Technologies
Studies and Action Plans: Up to $45,000.
Complementary Support: Up to $15,000.
Maximum Financial Assistance: $60,000 per company, covering up to 75% of eligible expenses.
Eligibility Criteria:
- Must be a for-profit company or legally constituted social economy enterprise.
- Registered with the Registraire des entreprises du Québec (REQ).
- Commercial establishment in Quebec.
Ineligible Clientele:
- Sole proprietorships, syndicates of co-ownership, associations, financial services companies, joint ventures, companies ineligible for public contracts, companies under bankruptcy protection, holding companies, and companies with ethical conduct issues or involved in specific excluded activities.
Project Completion: By January 31, 2025.
Document Submission: No later than February 28, 2025.
Studies and Action Plans: Up to $45,000.
Complementary Support: Up to $15,000.
Maximum Financial Assistance: $60,000 per company, covering up to 75% of eligible expenses.
Eligibility Criteria:
- Must be a for-profit company or legally constituted social economy enterprise.
- Registered with the Registraire des entreprises du Québec (REQ).
- Commercial establishment in Quebec.
Ineligible Clientele:
- Sole proprietorships, syndicates of co-ownership, associations, financial services companies, joint ventures, companies ineligible for public contracts, companies under bankruptcy protection, holding companies, and companies with ethical conduct issues or involved in specific excluded activities.
Project Completion: By January 31, 2025.
Document Submission: No later than February 28, 2025.
Innovant Digital Adoption Program (IDAP)
Innovant Digital Adoption Program (IDAP)
- Eligibility: Available to SMEs for technology implementation (ERP, CRM, eCommerce, HRIS, and other software).
- Maximum Financing: Up to $70,000.
- Terms: Interest-free for 12 months.
How You Benefit from grants
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Due to overwhelming interest, the CDAP Boost Your Business Technology grant is fully subscribed and no longer accepting applications. The ESSOR grant also closed in March 2024. If you have an active CDAP grant agreement, you can continue to work with us to complete your Digital Plan and submit your claim for reimbursement. Please ensure to check your agreement's expiry date and submit your claim accordingly to remain eligible for the grant.
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