Get up to CA$15,000 to Grow Your Tech Business
How Does It Work?
Step 1: Application Review
There are four qualifying criteria an organization must meet in order to apply:
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 CA$500,000 of annual revenues in one of the previous three tax years.
We will then help you submit a Digital Needs Assessment (DNA) that will provide our team with crucial information that will be used to define your digital growth strategy.
Step 2 - Strategy & Implementation
Once accepted, we'll work with you to align your business strategy with your digital growth and ensure the most viable path forward.
How will this look:
Current State Analysis - where we will understand your current technology stack and strategy.
Future State Analysis - defining your future technology strategy for success.
Implementation Plan - a clear, definitive path forward based on the analysis conducted above.
Step 3 - Expense Funding
Following your digital growth strategy, you will have access to the following benefits:
Up to CA$100,000 in a 0% interest-free loan from BDC for implementation of the above plan.
Up to CA$7,300 in a wage subsidy for hiring a recent graduate with technology experience.
Tasting Success: Dyne Technologies Inc.
Client Highlight: GetFresh Ventures elevated 4 UBC students from CA$60K to CA$1.8M ARR, raised CA$2M Seed at CA$12M valuation, within twelve months.
Challenges
From a small team of university students hustling to turn their innovative idea into a successful foodtech venture, the team faced the challenge of breaking through their CA$5K MRR ceiling while still attending university.
GFV’s Strategy
We worked closely with Team Dyne to solidify their market presence and reach through a captivated audience. We deep dove into their financials, sales strategy, sales execution, and infrastructure/operations and engaged a bespoke sales team. They then engaged in direct sales and enterprise sales efforts, targeting key players in the restaurant industry. We then positioned them for funding.
In streamlining their operations, we managed rapid growth, delivered consistent customer experiences, and engaged investors at the right time while showcasing growth potential for securing essential growth funding.
Now
In June, they closed a funding round of CA$1.8M at a CA$12 million valuation. This investment infused the capital needed to further fuel their growth ambitions. They are currently raising for Series A and aim to achieve a remarkable enterprise value of CA$200 million within the next two years.
Dyne Partnership Highlight
Join Our Growing Portfolio of Success:
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Canada Digital Adoption Programme (CDAP) provides a total of CA$4 billion in funds to assist small and medium-sized enterprises in adopting digital technologies. The Boost Your Business Technology grant allows eligible businesses to receive up to CA$15,000 to aid their digital transformation planning.
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Up $15,000 to have a CDAP advisor develop a Digital Adoption Plan to boost your business
Up to $100,000 in interest-free loans from BDC to help implement the Digital Adoption Plan
Funded work placements for students or recent graduates who can help with digital transformation
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There are four qualifying criteria an organization must meet in order to apply:
☑ 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
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We provide focused and tangible business and GTM insights, leadership development, hands-on sales & marketing support and an unrivaled network of service providers and investors. With us, you can scale your operating engine, drive revenue and profitability, and increase valuation of your business.