Example 1: Katarina is the owner of a small auto parts manufacturing business. She applies for a grant under the Boost Your Business Technology stream. Katarina retains a Digital Advisor, and the advisor produces a Digital Adoption Plan at a total cost (inclusive of taxes) of $10,000. CDAP will pay Katarina’s business a grant of $9,000. Katarina’s business must cover the remaining $1,000. She may self finance the $1,000 or find other federal, provincial or municipal funding programs or tax credits to cover that portion. However, Katarina must be careful to ensure that the other government programs do not provide more than $1,000 to cover the cost of the Digital Adoption Plan, otherwise, CDAP will recover the difference from the $9,000 grant.
Example 2: Mohammed owns a food processing business. He applies and is determined to be eligible for a grant under the Boost Your Business Technology stream. Mohammed retains a Digital Advisor, and the advisor produces a Digital Adoption Plan at a total cost (inclusive of taxes) of $20,000. CDAP will pay a grant of $15,000. Mohammed’s business must cover the remaining $5,000. He may find funding through other, non-CDAP federal, provincial or municipal programs or tax credits to cover that portion. However, Mohammed must be careful to ensure that the other, non-CDAP government programs do not provide more than $5,000 to cover the cost of the Digital Adoption Plan, otherwise, CDAP will recover the difference from the $15,000 grant.