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The Ontario government is investing $7.5 million to help small and medium-sized businesses upgrade their digital capabilities, boosting growth and resilience in today’s tech-driven economy.
Through the Digitalization Competence Centre (DCC), the province is supporting made-in-Ontario solutions with expert advice, training, and up to $115,000 in grants. The funding will help businesses assess their digital needs, create tailored modernization plans, and invest in new technologies that improve productivity and drive sales.
As part of the investment, $5 million will support the Digital Modernization and Adoption Plan (DMAP), which includes up to $15,000 in planning grants. Businesses that complete DMAP can then apply for up to $100,000 through the Technology Demonstration Program to help fund and implement those plans. To date, companies participating in these programs have reported $380 million in added revenue.
Another $2.5 million is earmarked for the new Retail Modernization Project Grant. Small storefront retailers can apply for up to $5,000 to match private spending on digital tools like online payment systems, inventory software, digital marketing, cybersecurity and artificial intelligence.
To qualify, businesses must be Ontario-based, for-profit, and meet employee and revenue requirements.
The DCC is delivered by the Ontario Centre of Innovation, which oversees a growing network of more than 100 digital consultants and over 140 Ontario-based technology vendors.
Officials say the funding supports the province’s goal of building the most competitive and resilient economy in the G7 by helping businesses embrace innovation and adapt to a rapidly changing digital landscape.
(Written by: Joseph Goden)