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100k CDAP BDC Loan details

Updated: Jan 23

BDC Loan
BDC Loan

Once your CDAP Plan has been approved, you're eligible for up to 100k in BDC loans.

When you are ready to move forward with your digital adoption plan, apply for a 0% loan of up to $100,000 from the Business Development Bank of Canada (BDC) to implement the plan.


You're eligible to apply if you have completed a digital adoption plan:

  • As part of CDAP and have received your grant payment OR

  • Under another recognized digital adoption program and submitted it to CDAP

Note: Applicants must meet BDC's creditworthiness and eligibility criteria for the 0% interest loan. Completing your Digital Adoption Plan does not guarantee approval for the BDC Loan. Visit BDC's website for details.

Loan amount

  • Business revenue of $500,000 to $5 million as of the closing date of its last fiscal year-end : loans between $25,000 and $50,000

  • Business revenues over $5 million as of the closing date of its last fiscal year-end: loans between $25,000 and $100,000

  • While you may apply for a 0% loan for multiple businesses, note that you are limited to a maximum loan of $200,000 per borrowing group. Visit BDC's website for details.

What does it cover?

The BDC loan covers items directly related to the digital adoption plan. Some examples are:

  • Acquiring IT equipment

  • Installation of new technologies

  • Updating and/or expanding IT equipment

  • Training staff on onboarded technologies

  • Materials and support services directly related to onboarding the technology

  • Further advisory services on your digital adoption plan


  • The loan has a 5-year term with 12-month capital postponement (total of 6 years)

  • There are no fees

  • You have 6 months from the completion of your approved plan to make a loan request

  • You must meet BDC credit worthiness requirements

Visit the BDC website to learn more.

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