Franchises Are Now Eligible for CDAP.
The Canadian Digital Adoption Program (CDAP) is fully subscribed and is no longer accepting new applications. If you have a valid CDAP grant agreement, Red Pill Labs can and will continue to work with you to get funded.
If you don't have a valid CDAP agreement, we welcome the opportunity to speak with you about how we can solve your business problems or technology problems that are holding you back.
The following article will stay online as a resource for businesses with a valid CDAP agreement.
The latest update to the Canadian government’s Canadian Digital Adoption Program (CDAP) now sees franchises as eligible business entities. CDAP, which previously excluded franchises from being eligible now allows franchise owners to apply (or reapply) for the SME funding opportunity, as long as they fit within the following criteria:
Applying franchise location must have it’s own business number
Revenue from 1 of the previous 3 fiscal tax years must be between $500,000 and $100,000,000
Meets the full criteria (found here)
For a list of application steps, contact us here.
Click here to find out how to delegate your CDAP Application.
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More CDAP Resources
What is CDAP? How can you get the most out of the Boost Your Business grant & loan?
Red Pill Labs, a big-4-pedigree advisory boutique located in Vancouver, Canada, is a values-driven organization that cherishes our guiding principles of integrity, transparency, and diversity. We seek to build long-term, meaningful relationships with organizations that align with our values. Our secret sauce is simple: we build intimate relationships with clients who recognize the value in our highly curated advisory approach.
