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The development of a digital plan is just the beginning of an organization's journey to transformation. This subsidy can help businesses create new jobs and provide training and development opportunities for young people. Eligible enterprises may also qualify for a wage subsidy of up to $7,300 for a youth worker as part of a youth placement opportunity. The loan has 0% interest and can be used to help businesses grow and aid in digital transformation. Small and medium enterprises (SMEs) who have completed their digital adoption plan may be eligible for a loan of up to $100,000 from the Business Development Bank of Canada (BDC). Have between 1 499 full-time equivalent employeesīe incorporated federally or provincially, or be a Canadian resident sole proprietorīe a for-profit, privately owned businessĬyberlobe Technologies will help with every step of the Digital Adoption Plan application. Have at least $500,000 of annual revenues in one of the previous three tax years To be eligible for the grant, businesses must: This grant provides small businesses with the resources to succeed in the digital economy. In addition, the Youth Wage Subsidy provides up to $7300 to hire a recent graduate or student to help with the transition. Interest-free loans of up to $100,000 from the Business Development Bank of Canada (BDC) are available to implement the plan. Up to $15,000 is available to consult with a digital advisor.

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The grant provides access to a free online assessment tool to evaluate the business's readiness for digital transformation. The Canadian government provides a Digital Adoption Grant to help small businesses increase digital literacy and adopt digital technologies. Cyberlobe will provide free consultations to businesses interested in learning more about the program and how they can apply. The company has been selected as a digital advisor for the Canada Digital Adoption Program (CDAP), which offers grants, loans, and youth wage subsidies to businesses that want to digitize their tools. The company is a Canadian-based provider of digital transformation services for SMEs VANCOUVER, BRITISH COLUMBIA, CANADA, J/ / - Small and medium-sized businesses in Canada can now get help from Cyberlobe Technologies to adopt new digital technologies.