BENEFITS

bdc loan - the business development bank of canada

BDC Loan

Up to $100,000 loan with 0% interest rate from Business Development Bank of Canada(BDC）

Loan amount:

  • Business revenue of $500,000 to $5 million: loans between $25,000 and $50,000
  • Business revenues over $5 million: loans between $25,000 and $100,000

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Magnet Subsidy

Up to $7,300 wage subsidy to hire talented students or recent graduates to help with the digital adoption plan.  

magnet subsidy
boost your business technology grant

Boost Your Business Technology Grant

Up to $15,000 from ISED, normally the grants can be used to cover 90% of the eligible cost of the advisory service fee.

Eligible costs include:

  • Fees, commissions and charges by organizations providing Digital Advisory services and registered on the Digital Advisor Marketplace website for the production of a Digital Adoption Plan;
  • Applicable federal and/or provincial sales taxes applied to the fees and commissions charged by the digital advisors registered on the Digital Advisor Marketplace and only for the purpose of producing a Digital Adoption Plan for the applicant.

ELIGIBILITIES

Canadian-Owned

Your business is Canadian-owned, and you are the owner or director of your company.

canadian-owned

Annual Revenue

Your company has achieved at least $500,000 in annual revenue in one of the last three years.

annual revenue

For-Profit

Your company is for-profit.

for-profit

Number of Employees

Your company has 1-499 employees.

1-499 employees
Let's see what we have achieved...