How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is 2025-07-09T14:33:38Z.

Who are the financial supporters of the BDC Advisory Services — Digital Technology?

BDC Advisory Services — Digital Technology is funded by Business Development Bank of Canada (BDC), Government of Canada

What are BDC Advisory Services — Digital Technology's eligibility criterias?

Eligibility criteria not mentioned

BDC Advisory Services — Digital Technology

grant_single|update March 21, 2025

Canada

Advice on digitizing your business

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grant_single|openingDate July 9, 2024
grant_single|closingDate July 9, 2025

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Expert Advice

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Business Development Bank of Canada (BDC)
Government of Canada

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Get guidance on implementing the right technologies based on your unique requirements and objectives through extensive market and trend intelligence, analysis methods, and selection tools.

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This grant offers financial support for businesses seeking to adopt digital technology solutions through BDC advisory services. However, specific financing modalities are not detailed in the provided information.

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This grant offers support for businesses looking to embrace digital technologies and improve various operational aspects. Eligible activities include developing a digital strategy, selecting systems and vendors, and obtaining objective advice for technology adoption.

Development of a digital strategy to meet strategic goals.
Selection of appropriate systems and vendors with expert guidance.
Receiving impartial advice for the implementation of technologies such as ERPs and CRMs.
Using market intelligence and tools for confident technology adoption.
Coaching and support throughout the change management process.
Financing options to help cover the cost of advisory services.

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$ 45,000

Adding new digital inventory management tools to boost supply chain efficiency

$ 40,000

Develop an integrated CRM system to improve client management for NPO

$ 50,000

Integrating a comprehensive digital client service platform to enhance customer experience

$ 30,000

Upgrade to advanced financial analytics software and staff training

$ 25,000

Implementing new digital marketing tools and training for small business growth

$ 50,000

Implementing an advanced ERP system to streamline operations

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Eligibility criteria for this grant:

Must be a Canadian business
Must have a clear digital strategy or goals
Open to businesses of all sizes and sectors
Consult with BDC to determine specific eligibility requirements

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This grant is designed for businesses that are looking to integrate digital technology into their operations to enhance their leadership, management, and operational capabilities. Companies seeking to develop a digital strategy, implement digital technologies or improve their digital business practices could be eligible to apply. This typically includes small and medium-sized enterprises (SMEs) across various industries that aim to improve their competitiveness, efficiency, and market reach through digital transformation.

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There are certain types of companies that may not be eligible for this grant. Some exclusions may include:

Non-profit organizations
Government entities
Businesses involved in illegal activities
Companies with outstanding tax liabilities

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Eligible activities for this grant focus on advancing business capabilities through the strategic use of digital technologies and enhancing various management facets. The projects aim to enhance productivity, sales, and operational efficiency through tailored digital solutions and expert guidance.

Development of a comprehensive digital strategy to align with business goals.
Selection and implementation of appropriate systems and technology vendors.
Receiving expert, impartial advice for the adoption of digital solutions like ERPs, CRMs, and Industry 4.0 technologies.
Utilization of structured approaches to mitigate risk and reduce costs in technology adoption.
Access to powerful selection tools and market intelligence to confidently adopt new technologies.
Coaching and support aimed at facilitating change management and integrating new technologies.

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Here is a summary of the evaluation and selection criteria for this grant:

Alignment with digital strategy goals
Demonstrated need for digital technology implementation
Feasibility and sustainability of proposed project
Business impact and potential for growth
Commitment to change management and adoption

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Here are additional relevant details for this grant:

Expert guidance is available for developing a digital strategy tailored to specific business needs.
Access to market and trend intelligence to make informed technology adoption decisions.
Continuous support including change management coaching to facilitate technology implementation.
Potential to leverage best practices from BDC's experienced consultants for successful technology integration.