{"id":923,"date":"2022-09-13T08:00:15","date_gmt":"2022-09-13T08:00:15","guid":{"rendered":"https:\/\/www.scpragmatik.com\/?p=923"},"modified":"2022-09-13T17:45:52","modified_gmt":"2022-09-13T17:45:52","slug":"cdap-stream-2-who-can-submit-an-application-eligibility-criteria","status":"publish","type":"post","link":"https:\/\/www.scpragmatik.com\/en\/cdap-stream-2\/cdap-stream-2-who-can-submit-an-application-eligibility-criteria\/","title":{"rendered":"CDAP Stream 2: Who can submit an application? Eligibility criteria"},"content":{"rendered":"

\"Canada<\/p>\n

 <\/p>\n

ISED version of January 5, 2022<\/strong><\/p>\n

Part 1 – General information<\/h2>\n

1.1\u00a0\u00a0Introduction<\/h3>\n

The Boost your Business Technology Stream offers financial support to small and medium Canadian-owned enterprises (SMEs), such as small manufacturing and food processing operations, to adopt new technologies. Support for these businesses is in the form of grants to offset the cost of retaining Digital Advisors who will develop Digital Adoption Plans tailored to the business. The grant covers up to 90% of the cost to develop the digital plan, up to a maximum grant payment of $15,000.<\/p>\n

To support the implementation of the digital plan, SMEs can apply for a zero-interest loan from the Business Development Bank of Canada (BDC) (up to $100,000). In addition, the Boost Your Business Technology Stream will make available youth placement wage subsidies of up to $7,300. Eligible SMEs must apply for the work placement, offering a valuable learning experience for a youth.<\/p>\n

1.2\u00a0\u00a0Who can submit an application \u2013 Eligibility criteria<\/h3>\n

1.2.1<\/p>\n

Applicants are required to attest and certify that they meet all of the following eligibility criteria:<\/p>\n

    \n
  1. Is<\/b><\/span>\u00a0a sole proprietor whose owner is a Canadian resident
    \nOr
    \nIs<\/b><\/span>\u00a0a business incorporated under the laws of Canada or a province or territory<\/li>\n
  2. Is<\/b><\/span>\u00a0a for-profit<\/span> business<\/li>\n
  3. Has<\/b>\u00a0<\/span>between 1 \u2013 499 full time equivalent<\/span> employees\u2020<\/strong><\/span><\/li>\n
  4. Has<\/b>\u00a0at least $500,000 of annual revenues but not more than $100,000,000<\/span> in one of the previous three tax years from the date of submitting a grant application.<\/li>\n
  5. Is a\u00a0<\/b>privately owned<\/span> business<\/li>\n
  6. Is<\/b><\/span>\u00a0a\u00a0Canadian-controlled Private Corporation<\/a>\u00a0(CCPC) as defined by the Canada Revenue Agency (applicable if the business is incorporated under the laws of Canada or a province or territory)<\/li>\n
  7. Is<\/span> a<\/b>\u00a0business that respects human rights codes, labour, environment and anti-corruption standards, as well as engages exclusively in legal activities
    \n.<\/span><\/li>\n
  8. Is not<\/b><\/span>\u00a0a business that has a class of shares publicly traded on a stock exchange (in Canada or outside)<\/li>\n
  9. Is not<\/b><\/span> a majority or wholly owned subsidiary or branch or sales office of a multinational corporation (MNC)<\/li>\n
  10. Is not<\/span><\/b>\u00a0a business whose revenue model is designed to be economically dependent on\u00a0non-commercial\u00a0sources such as direct government funding or private donations<\/li>\n
  11. Is not<\/span><\/b>\u00a0a government organization or body (other than an Indigenous entity or body) or an entity in which a government organization or body (other than indigenous entity or band) owns equity interests<\/li>\n
  12. Is not <\/b><\/span>a not-for-profit entity such as a union, charitable, religious or fraternal organization or business owned by such organizations, nor a business that exists as a fundraising vehicle for charities<\/li>\n
  13. Is not<\/b><\/span> a business in which equity interests are held by any current member of the Parliament of Canada or any current member of the Senate of Canada other than a business whose equity interests are publicly traded<\/li>\n
  14. Is not<\/span><\/b>\u00a0a business that promotes violence, incites hatred or discriminates on the basis of race, national or ethnic origin, color, religion, sex, age or mental or physical disability nor does it trade with countries proscribed by the government of Canada<\/li>\n
  15. Is not<\/b><\/span> a business that directly or indirectly promotes sexual exploitation or disseminates media content that is sexually explicit<\/li>\n
  16. Is not<\/b><\/span> a business that has been determined to have pled guilty to or been convicted of tax evasion or a criminal offence<\/li>\n<\/ol>\n

    \u2020<\/span> <\/strong>A full-time equivalent (FTE) employee is defined as receiving a T4 Statement of Remuneration Paid slip \u00a0from the applicant. One FTE is defined as at least 30 hours\/week of paid labour. Part-time employees must be included as fractions of 1 FTE based on average labour hours compared to typical hours for 1 FTE employee.<\/em><\/p>\n

    1.2.2<\/p>\n

    Applicants must meet the eligibility criteria at all times while in the program; this includes from grant application submission to grant payment, accessing of the BDC zero interest loan and the subsidized youth placements.<\/p>\n

    1.2.3<\/p>\n

    Applicants must inform the program of any change in their eligibility while in the program; this includes from grant application submission to grant payment, accessing of the BDC zero interest loan and the subsidized youth placements.<\/p>\n

    1.2.4<\/p>\n

    Innovation, Science and Economic Development Canada (ISED) reserves the right to validate the eligibility criteria by seeking supporting information and documentation from the applicant at any point in the application process for the grant and grant payment. The eligibility criteria and application process for the BDC Zero Interest Loan are covered under Part 4 of this Program Guide. The eligibility criteria and application process for the subsidized Youth Placements are covered under Part 5 of this Program Guide.<\/p>\n

    1.2.5<\/p>\n

    If ISED determines that the applicant does not continue to meet the eligibility criteria, ISED reserves the right to terminate any Grant Agreement. Applicants whose Grant Agreements are terminated will be responsible for paying any and all costs incurred up to that point in time and any costs in the future associated with retaining a Digital Advisor under sections 3.2 and 3.3 of this Program Guide<\/p>\n

    1.3\u00a0\u00a0Additional documentation in support of eligibility<\/h3>\n

    1.3.1 Applicants should not provide any additional documentation unless explicitly requested by ISED. As part of the eligibility determination process, ISED reserves the right to ask for additional supporting documentation such as:<\/p>\n