MARKHAM — The Ontario government is continuing to deliver on its plan to protect workers and support small and medium-sized businesses with an additional $5 million to expand the Digital Competence Centre (DCC). This provincewide initiative is delivered in partnership with the Ontario Centre of Innovation (OCI) to help nearly 450 businesses adopt digital tools, modernize operations and improve productivity so that they can continue to grow, create good-paying jobs and stay competitive.
“Our government is making targeted investments to help small businesses succeed in a rapidly evolving digital economy,” said Nina Tangri, Associate Minister of Small Business. “By expanding the Digital Competence Centre, we are giving Ontario entrepreneurs the tools, resources and expertise they need to compete and succeed in today’s increasingly competitive marketplace.”
Ontario businesses can access hands-on support and funding through the DCC’s Digital Modernization and Adoption Plan (DMAP), which provides a matched grant of up to $15,000 that helps businesses plan for technology investments. Companies that have completed a DMAP project are eligible for additional funding through the Technology Demonstration Program, which includes a grant of up to $50,000 to match private investment in purchasing and installing new technologies that support business growth and create jobs.
Through the DCC’s Retail Modernization Project Grant, eligible small retailers with 50 or fewer employees can also receive a matched grant of up to $5,000 to adopt technologies such as point-of-sale systems, online payments, inventory management software, customer relationship management solutions, cybersecurity supports and artificial intelligence tools.
Since its launch in 2022, the DCC has provided more than 800 grants to Ontario businesses that are expected to generate up to $600 million in increased sales revenue and support approximately 3,000 new and existing jobs. Participating companies also saw an average cost savings of 23 per cent and an average of 192 hours of labour saved per month, helping improve productivity and operational efficiency.
[More]
