Boosting Your Digital Transformation with MadHawks and CDAP

Leveraging these digital technologies with just the right partner can make a significant difference for your business. For the same reason, the Canadian government has launched the Canada Digital Adoption Program (CDAP).

Understanding the CDAP

With the Canadian government. Launching this new initiative in the start of this year, the Boost Your Business Technology grant offers the applicant businesses with $15,000 for upscaling the digital presence and technology of their business.

This is being offered to ensure the small and medium scale businesses are getting the right digital technology, platform, and exposure to build their brand in the market.

From an overall amount of $4 billion, the applicant businesses are going to be selected based on a strict criteria and ensure all businesses enrolling for the grant  are given a fair chance to take their businesses ahead.

As we move forward, we are going to discuss the prerequisites and the eligibility criteria for this grant that businesses are required to fulfill. Along with this, we are going to discuss the importance of this grant for the small and medium businesses.

Eligibility Criteria and Prerequisites

As mentioned above, all small and medium businesses are required to have an enhanced digital technology platform for their businesses in today’s digital world. However, if you get into the details of it, there are a few major points that these businesses are required to consider before applying.

• Canadian-owned business
• Sole proprietor or business under the laws of Canada or province or territory
• It is a for-profit business
• Consists of 1-499 employees
• Minimum of $500,000 annual revenue 

Now that we have covered the eligibility requirements for the small and medium businesses for applying for this grant. Here is a step by step guide for you to follow if you intend to apply for the Boost Your Business Technology Grant. 

• Create Account
• Confirm Eligibility 
• Create a Digital Adoption Plan
• Collect Your Grant 

Why Digital Transformation is Required for Businesses?

For every business be it small scale or medium scale, it is essential to have a robust digital presence and digital strategy. With today’s technologically advanced world, it is essential that businesses maintain a digital presence and incorporate advanced digital technologies into their business processing. 

These are not only helpful to enhance the processing of the business, but also ensure a seamless processing. Digital transformation can help to make your business more accessible for the users, and allow the users to have a better understanding, interaction of your business. 

All this in turn helps to have a great audience, increased conversion rates, increased ROIs, and higher profits for your business. The efforts that you put forth for the digital transformation pays off in the long term benefits by enabling your business to reach greater heights. 

Here are some of the most common benefits of incorporating digital transformation:

Improved customer experience

With a mobile-friendly and digitally advanced website for your business, and improved digital presence it offers the customers an overall enhanced experience with your business. This results in repeat business and allows your business to grow.

Improved efficiency 

Digital technologies make it easy for businesses to deliver and connect with the right target audience. This results in better efficiency of your business, it is time-saving such as for data collection, sorting and implementation.

Data-driven decision making

Based on the easy data collection, it becomes easy, and simple for your business to make decisions that are in favor of your business. These decisions can be for various segments such as marketing which requires appropriate data collection.

Increased reach 

With digital marketing and technology being incorporated into your business, it becomes easy for you to reach a wider audience and increase the audience base for your business. This empowers your business to grow, expand and gain more profits.

Competitive advantage 

One of the major benefits of incorporating digital technology is to gain the much needed competitive advantage in the market. As there are various businesses that are still not using the digital technologies, it offers your business an upper hand and increases the chances of your business succeeding.

Offerings of Boost Your Business Technology Grant by CDAP

Moving forward, it is essential that you are aware of the perks and the benefits that your business can reap off by winning this grant-

• As we mentioned the grant offers up to $15,000 which helps to cover 90% of the cost of your business in developing the digital adoption plan. 
• Offers zero-interest loans up to $100,000 via the Business Development Bank of Canada (BDC) for empowering the implementation of the digital solutions. 
• Offers access to numerous digital advisors and experts for advice and consultation on digital strategies.

How MadHawks Can Help?

Now that we have covered the basic points of the CDAP and its benefits for the businesses. As we mentioned that you are required to come up with a digital adoption plan for your business that is going to be a major factor for the eligibility of this grant.

This is where MadHawks comes into the picture. With boutique-based approach digital service providers like MadHawks offers you with tailor made services and approaches that are suitable for your business.

After a thorough market research and competitive analysis, the expert and dedicated team here devises a digital adoption strategy that can empower your business not only to gain the grant but also to transform your business digitally.

Here are some of the most important services that you can avail with MadHawks as your digital advisor:

• Website Designing/Redesign/Audit
• Email Marketing
• Content Marketing 
• Social Media 
• Technology Audit 
• Digital Audit 
• Tailored Approach 
• Lead Generation
• Increased ROI 
• Increased Conversion Rate 
• Utmost Transparency for Strategizing and Planning 

With a 100% success rate, MadHawks is your ideal digital advisor for the CDAP grant. Get in touch with our expert team today.