Operating and starting your digital business, especially in a larger city like Ontario and Toronto, can seem like a daunting task to a new business owner. Thankfully, there are a variety of programs both offered by the government as well as third party groups which offer financing to small businesses. Digital Main Street, a digital development company based out of Ontario; offers two grants through their business. Let’s cover them further.
The first grant offered by Digital Main Street is their Digital Transformation grant program. This program is designed to provide a one time funding and online training for any brick and mortar business who need assistance in their overall digital adaption and transformation plan. If approved, DMS provides a one time payment of $2,500 to eligible businesses.
The Digital Mainstreet Digital Transformation Grant has the following objectives when it comes to supplying grants and funding to applicable businesses:
Additionally, the owner will need to be an Ontario resident and Canadian citizen who is at least 18-years-old and has completed the Digital Main Street Assessment, has passed the eligibility quiz, the online training, and has developed their digital transformation plan.
In addition to the Digital Transformation Grant offered by Digital Main Street, they also offer their Digital Service Squad Grant. This program is focused in assisting your brick and motar business with the adaption of various technologies. The program provides training, support, and funding in order to hire members for your Digital Service Squad.
For those looking to apply for the DSS grant, it is open to applicants who are able to meeting the following requirements:
There are a number of costs for equipment, staff, and other materials which are eligible under the DSSG. Let’s break those down:
Additionally, there are a number of costs which is ineligible for the DSSG:
For more information about either of these grants, or for more grants located both in Canada and the various provinces; consult Let’s Nurtures grant section; or contact us for a free grant consultation for Canadian businesses.