Do you own or work in a small or medium-sized business in Canada? – The Canadian Digital Adoption Program (CDAP) is a grant designed to help businesses invest in digital technologies, by funding up to $15,000 to conduct a project with a list approved digital advisors.
As one of the unique cybersecurity providers approved by the program, we’ve helped several organizations improve their security posture with the help of the funding. Using the CDAP, you can kickstart your cybersecurity improvement program with a minimal investment.
What is the CDAP Grant?
The Canadian Digital Adoption Program (CDAP), offered by Innovation, Science and Economic Development Canada, provides grants to small and medium-sized enterprises (SMEs) to help them adopt digital technology and grow their businesses by being competitive in their market. The CDAP includes two grant options:
- The “Grow Your Business Online” grant gives up to $2,400 to set up e-commerce and grow sales online.
- The “Boost Your Business Technology” grant gives up to $15,000 to get advice on the technologies that can propel their business forward. The grant provides funding for up to 90% of the cost of the project.
As a result, the CDAP provides SMEs with the resources to help them become more competitive and successful in the digital economy.
Who is Eligible for the CDAP?
Any Canadian business that meets the following criteria is eligible to receiving the $15,000 funding (without engagement or additional fees):
- Be incorporated federally or provincially, or be a Canadian resident sole proprietor
- Be a for-profit, privately owned business
- Have between 1 – 499 full-time equivalent employees
- Have at least $500,000 of annual revenues in one of the previous three tax years
Use the grant assessment tool to determine if your organization is eligible.
Why Use CDAP For Cybersecurity
Investing in cybersecurity can often be daunting for organizations, as it can be seen as limitless or out of reach.
Vumetric is proud to be one of the few cybersecurity Digital Advisors from the CDAP Marketplace. We’ve helped many organizations benefit from the $15,000 funding to identify their main priorities and implement measures to prevent cyberattacks.
Given that the application process is easy and straight-forward, approval is sent quickly and there are no obligations or strings attached, we strongly encourage organizations to consider using CDAP for cybersecurity.
1. Reach Your Cybersecurity Objectives With a Minimal Investment
Whether your organizations has compliance requirements to meet or needs to secure a mission-critical IT asset before it goes into production, the grant can be used for any kind of cybersecurity project and help meet various kinds of objectives.
2. Identify and Fix Security Vulnerabilities That May Lead to an Incident
Cybersecurity threats are constantly evolving, and it can be difficult to keep up with the latest threats. Vumetric’s team of experts can help you identify and fix vulnerabilities in your systems that may lead to a cybersecurity breach if exploited. Our services are based on industry-leading testing methodologies and real hacking techniques in order to identify every opportunity for hackers to compromise your IT assets. We then provide step-by-step remediation recommendations to prevent the exploitation of these vulnerabilities, effectively protecting your company from its most prominent risks of facing an incident.
3. Build an Actionable Cybersecurity Improvement Roadmap
With a penetration testing report in hand, organizations have a prioritized roadmap to focus their resources on the most important risks of being breached. In addition, the report will provide a list of items to consider for future changes to continuously improve security.
How to Use CDAP for Cybersecurity
Step one: Confirm Your Eligibility. Use the self-assessment tool to determine if your organization is qualified to receiving the funding.
Step two: Submit an application to CDAP. This step is done by an approved company director and takes 30 minutes on average.
Step three: After approval (48-72 hours for most of our clients), contact Vumetric, one of the unique CDAP-approved cybersecurity provider to plan your project with an expert.
Step four: After the project has been conducted, get funding by uploading your invoice to the ISED website.