“Business as usual” might never be the same again. Due to the widespread COVID-19 pandemic, businesses have been shutting operations. The larger corporations are able to stave off total collapse, but the smaller firms have been unable to cope with the losses mounting daily. In Canada, the situation isn’t any different, and even places like New Brunswick have felt the devastating economic effect of the pandemic.
In such a time, what is needed is a concerted effort to bring the economy back on track. This may be achieved by helping the businesses, one by one. Businesses need to implement modern solutions to achieve their objectives.
This is where TechImpact comes in. Working with the financial support of ACOA and the Government of New Brunswick, TechImpact aims to give New Brunswick businesses a “Digital Boost.” This can help firms become more productive and resilient by adopting new technologies while working with New Brunswick IT services firms.
Working with qualified New Brunswick-based IT partners, businesses based out of the area will now be able to implement new technology solutions and boost digital marketing through this program. Furthermore, the program covers around 75% of the cost of these technology projects, up to a maximum of 50,000 USD, for qualified businesses. All you need to do to undertake a project is to apply and work with a Digital Boost Qualified Technology Provider.
There are two branches to this program.
As a business, resurrecting yourself after the pandemic can be tough. Which is why technology helps to achieve your objectives faster. Firms are looking to strengthen their capabilities so they can effectively stand their ground against such disasters in the future.
By working with TechImpact’s Digital Boost program, businesses based out of New Brunswick can embrace new technology and digital processes to boost digital marketing, productivity, and improve profits, as well as build resilience, open up new export markets. This will give the companies access to a wide range of resources that can help them achieve their developmental objectives.
There are certain eligibility criteria for companies to be considered for the Digital Boost Program.
Certain sectors like retail/wholesale, real estate, government services, social services, softwood lumber, and professional services, cannot be included under the Digital Boost Program.
Being home to many state-of-the-art Information Technology Services forms, New Brunswick is primed to provide the best IT solutions to firms in and around Canada. Via the Digital Boost program, TechImpact aims to match local IT service providers with firms in New Brunswick that could use the IT expertise to improve their business performance. Today, many firms are looking to implement AI, and more, within their businesses to outdo their competitors. As an IT service provider, there is no shortage of demand from firms looking to upgrade themselves technologically.
There are certain conditions you must fulfill to be a Digital Boost Qualified Technology Provider.
Once you submit an application, a Digital Boost Review Committee goes through it to decide whether a firm would be a good fit for us. We hope that firms in New Brunswick will consider becoming a Digital Boost Qualified Technology Provider.
This program is meant to support projects focused on different areas like AI/Machine Learning, Cloud Migration, Work Process Modernisation, and Automation, Business Analytics, and Cybersecurity amongst others. Get in touch and find out whether your firm is eligible or not.
Digital Boost will provide 75 percent of the project cost up to a maximum of $50,000.
You can use their official website, or contact at email@example.com to discuss.
They can help you by discussing your business situation, and bringing in a Digital Boost Qualified Technology Provider to look at the possibilities of doing an initial assessment.
Each application is reviewed by the Digital Boost Review Committee to ensure it meets the criteria.
A Digital Boost project has two phases – assessment and implementation.
The Digital Program will have a continuous intake and operate until the fund is exhausted. The program has a total budget of $1.25 million.
Any New Brunswick-based IT service firm or a firm that has a significant presence in New Brunswick can apply to become one.
The Digital Boost Review Committee will review each application. Each application will be assessed on technical ability, similar projects completed, staff qualifications, and other parameters.
You will sign a Statement of Work (SOW) and contract with each Digital Boost recipient who will pay you 100 percent of the costs of the project. TechImpact, with funding from our ACOA and GNB partners, will reimburse the client 75 percent of the costs.
Your contractual agreement is with the Digital Boost recipient and they will pay you for your services.
All projects must be reviewed and approved prior to commencing any work.
Any project overruns must be covered 100 percent by the Digital Boost Recipient. There will be no exceptions to this rule and it is up to the technology provider to manage with the recipient.