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Government of Canada, Business Development Bank of Canada
Invest in advanced technology
Helps Canadian businesses invest in advanced technology like AI and automation to boost efficiency and competitiveness. Offers consulting and financing to support these improvements.
LIFT combines consulting and financing to help businesses assess readiness, plan projects, and invest in Canadian technology that improves efficiency, increases productivity and competitiveness. Financing may include installation, integration, and implementation costs directly tied to the technology investment. Preferential pricing is available on financing and advisory solutions, especially when technology solutions are sourced from Canadian suppliers or integrators.
Business Size: medium
Industries: all industries (for AI adoption/digital transformation, with specific exceptions), Manufacturing (for productivity and digitally enabled equipment), Transport and warehousing (for productivity and digitally enabled equipment), Wholesale (for productivity and digitally enabled equipment), Construction (for productivity and digitally enabled equipment), Agriculture, forestry, fishing and hunting (for productivity and digitally enabled equipment), Architectural, engineering and related services (for productivity and digitally enabled equipment), Mining, quarrying, and oil and gas extraction (for productivity and digitally enabled equipment)
Region: Canada
Revenue Range: From $1M
Other Criteria: Canadian-based businesses, Annual revenue of at least $1M (for AI adoption or digital transformation projects), Annual revenue of at least $5M (for investments in productivity-enhancing equipment), Demonstrate strong financial health, A BDC Advisory Services plan is required for Digital transformation and AI projects, A productivity plan is required for productivity and equipment financing (BDC Advisory Services can help build one), Projects must aim to improve efficiency, increase productivity, competitiveness, modernize systems, adopt AI, strengthen cybersecurity, automate operations, or upgrade equipment
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Government of Canada, Business Development Bank of Canada
Advice to build a successful online presence
ic.gc.ca
The Canada Digital Adoption Program (CDAP) supports small and medium-sized enterprises (SMEs) in adopting digital techno...
This program is available to medium businesses in all industries (for AI adoption/digital transformation, with specific exceptions), Manufacturing (for productivity and digitally enabled equipment), Transport and warehousing (for productivity and digitally enabled equipment) industries located in Canada.
Contact the program administrator for funding details.
Check the official program website for current deadlines.
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