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An Introduction to Canada's Online Transformation Grant for Small Businesses

  • 2023-06-01 18:53:48

As part of the Canada Digital Adoption Program, the Government of Canada has partnered with the Canadian Chamber of Commerce to launch the Grow Your Business Online grant. Through this program, small business owners can receive a micro-grant of up to CAD 2,400 to help them move their business online, improve their e-commerce presence or digitize business operations. Grant recipients must commit to maintaining their digital adoption strategy for at least six months.
In addition, e-commerce advisors will help grant recipients identify their digital needs, provide links to digital resources, assist with the application, and answer questions about the Grow Your Business Online grant.

 

 

Who can apply?

To be eligible for micro-grant funding, a small business must meet all of the following criteria:

- Must be a for-profit business in Ontario (including for-profit social enterprises and co-operatives)
- Must be a registered or incorporated business
- Must be a consumer-facing business
- Must be accessible to consumers or provide in-person services to consumers
- Must have at least one employee (other than the owner) or have had at least CAD 30,000 in annual revenue in the most recent fiscal year. For businesses operating for less than 80 weeks that have not yet filed their first tax return or received a Notice of Assessment from the Canada Revenue Agency, the business must have had a turnover of at least CAD 30,000 in the past 12 months or since its incorporation/registration.
- Must commit to maintaining a digital adoption strategy for at least six months after joining the program
- Must agree to participate in follow-up surveys, share information with the Government of Canada (ISED and Statistics Canada), and have the business name published publicly as a funding recipient.

 

Who is not eligible?

The following types of small businesses are not eligible:

- Corporate chains and franchises
- Registered charities and non-profit organizations
- Multi-level marketing representatives
- Real estate agents and brokerages
- Insurance agents and brokerages
- Mortgage brokers and brokerages
- Investment advisors and brokerages
- Businesses engaged in online resale or dropshipping that rely on third-party suppliers
- Wholesale or distribution businesses and manufacturers

 

SASLAB strongly supports and actively responds to this program. We provide all merchants with a free eligibility assessment, and our subsequent application assistance is also completely free. If you have any questions about applying for this grant, contact us anytime and we will respond as quickly as possible!