SADC Maria-Chapdelaine — Digital Strategy Loan
Last Update: May 13, 2025
Canada
Digital Strategy Loan supports business digital transition efforts
SADC Maria-Chapdelaine — Digital Strategy Loan at a glance
Eligible Funding
- From 10,000 to 50,000
Timeline
- Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
- All industries
Grant Providers
- SADC Maria-Chapdelaine
Status
Open
Overview of the SADC Maria-Chapdelaine — Digital Strategy Loan program
The SADC Maria-Chapdelaine — Digital Strategy Loan provides up to $50,000 in financial support to encourage digital transformation, including management systems implementation, process automation, robotics, smart technology, and cybersecurity optimization. This program targets businesses seeking to adopt digital solutions and automate processes to enhance operational efficiency.
Financing terms and conditions
- Loan amount ranges from a minimum of $10,000 to a maximum of $50,000 per project.
- Interest-free period for the first two years.
- Principal repayment moratorium for the first three months, extendable up to two years.
- Maximum amortization period of 7 years.
Eligible projects & activities
- Implementation of digital management systems within the company.
- Automation of business processes.
- Adoption of robotics and smart technologies (domotics) in operations.
- Optimization of information technology security measures.
Eligibility criteria of the SADC Maria-Chapdelaine — Digital Strategy Loan program
- The business must be located within the territory served by the local SADC.
- The company must have fewer than 200 employees.
- The applicant must be at least 18 years old.
- The project submitted must comply with SADC policies.
- Eligibility is subject to a positive assessment demonstrating the viability of the project.
Who is eligible?
- Businesses located within the SADC Maria-Chapdelaine territory
Eligible expenses
- Implementation of management systems (software or digital platforms).
- Automation of processes, including acquisition of technologies for process improvement.
- Investment in robotics and related equipment.
- Acquisition of smart home (domotics) technologies.
- Enhancement of cybersecurity systems and tools.
Eligible geographic areas
- Businesses located within the territory served by SADC Maria-Chapdelaine.
Eligibility criteria of the SADC Maria-Chapdelaine — Digital Strategy Loan program
- Positive analysis demonstrating the viability of the project.
How to apply to the SADC Maria-Chapdelaine — Digital Strategy Loan program
1
Contact SADC for Preliminary Information
- Reach out to the nearest SADC office to verify your eligibility.
- Request detailed instructions and application forms.
2
Document Preparation
- Compile necessary documentation, including proofs of business location and number of employees.
- Prepare a detailed project proposal illustrating its compliance with SADC policies.
- Gather financial documents to demonstrate project viability.
3
Application Submission
- Fill out the application form provided by SADC.
- Attach all required documents, including the project proposal and financial statements.
- Submit the complete application package to the SADC office by the specified deadline.
4
Await Confirmation and Follow-up
- Receive acknowledgment of your submission from the SADC office.
- Wait for feedback on the analysis and review process of your submitted application.
Additional information
- Interest is waived for the first two years of the loan.
- A capital repayment moratorium is provided for the first three months, with a possible extension up to two years.
- The interest rate is set according to the Bank of Canada's prime rate and may be adjusted based on the project and guarantees.
- Maximum loan amortization period is seven years.