Canada Digital Adoption Program for Life Sciences Start-Ups

Canada Digital Adoption Program for Life Sciences Start-Ups

Canada's innovation economy has been in overdrive for many years. The new Canada Digital Adoption Program is set to further assist entrepreneurs in the sector by funding up to 90% of the costs of a digital adoption plan, to a maximum of $15,000.

BluePrint CPAs immediately submitted a Digital Advisor application due to our strength in CRMs, cloud accounting technology and workflow software. We work with various subsectors of the life sciences industry, including drug discovery, medtech, primary care and cosmetic medicine. Our commitment to the space spans growth, finance and talent strategies with digital development capabilities in each of those service pillars.

Here are several applications of digital strategy to the life sciences sector.

Growth strategies for biotechnology entrepreneurs help you target specific acquirers, track activity with those accounts, develop CRM automations and define the analytics that should be on your daily dashboard reporting.

Talent strategies involve the development of customized learning systems, culture formation strategies, people analytics, applicant tracking systems and general HR information systems. We can assist you with customizations and integrations of various software HR software systems.

Financial strategies can cover cloud ledgers, payment systems and automation, financial dashboards,

Here is some detail directly from the Industry Canada announcement of the Canada Digital Adoption Program:

"The Boost Your Business Technology grant offers support to Canadian-owned small and medium sized enterprises (SMEs) who want to adopt new digital technologies. Eligible businesses will have access to a marketplace of digital adoption experts to help them develop a digital adoption plan tailored to their needs. Eligible businesses can leverage the grant to pay for the services of a digital advisor. These advisors will work with companies to recommend digital pathways and strategies that will help them achieve their business goals and increase their competitiveness in the digital economy. The grant covers up to 90% of the eligible cost of retaining the services of a digital advisor, up to a maximum grant value of $15,000 per SME, to develop a digital adoption plan. Businesses also have the opportunity to secure a 0% interest loan from the Business Development Bank of Canada (BDC) to facilitate the acquisition of new technology. In addition, applicants can leverage the help of talented post-secondary students and recent graduates through subsidized work placements."

If you're interested in improving your digital operations, please feel free to contact us for a preliminary strategy assessment.

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Rebecca Scott
Web Designer

Rebecca is a Web Designer at BluePrint CPAs. She is a graduate of St. Clair College’s Internet Applications and Web Development Program and has worked as a freelance web designer before joining the BluePrint team.

BluePrint CPAs is a management consultancy that simplifies digital, financial and talent strategies. Our team helps entrepreneurs and their teams grow profitable and modern businesses.

Kit Moore, BluePrint CPAs President & Lead Tax Advisor
Kit Moore, CPA, CA
President & Lead Tax Advisor

Kit Moore, is an entrepreneur that simplifies digital strategy for other business owners. The team at BluePrint CPAs can assist you with web design, development, analytics, management systems and, more importantly, your overall business strategy. The toughest part of digital transformation is re-training your team - and we have pros to help with that as well.

BluePrint CPAs is a management consultancy that simplifies digital, financial and talent strategies. Our team helps entrepreneurs and their teams grow profitable and modern businesses.

Kit Moore, BluePrint CPAs President & Lead Tax Advisor
Kit Moore, CPA, CA
President & Lead Tax Advisor

Kit Moore, is an entrepreneur that simplifies tax and financial strategy for other business owners. The team at BluePrint CPAs can assist you with financial technology, tax strategies, mergers & acquisitions, succession & exit planning and, more importantly, your overall business strategy.

BluePrint CPAs is a management consultancy that simplifies digital, financial and talent strategies. Our team helps entrepreneurs and their teams grow profitable and modern businesses.

Joe Marra, MBA
Senior Associate, Strategy Consulting

Joe is a Senior Associate, Strategy Consulting at BluePrint CPAs. He is a recent graduate of the MBA Program at the Schulich School of Business and has most recently worked for Bayer Inc and the Ford Motor Company of Canada. His experience in marketing, sales, and human resources spans various industries including hospitality, logistics, life sciences and automotive manufacturing. Joe loves working with entrepreneurs to develop their digital strategies and help them grow their business.

BluePrint CPAs is a management consultancy that simplifies digital, financial and talent strategies. Our team helps entrepreneurs and their teams grow profitable and modern businesses.