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BDC Small Business Week 2018, Oct. 14 to 20 zeroes in on digital transformation for growth

BDC Small Business Week 2018, Oct. 14 to 20 zeroes in on digital transformation for growth

TORONTO - BDC Small Business Week 2018 (SBW) will focus on the importance, for Canada’s small and medium enterprises (SMEs), of adopting new technologies and implementing digital change to boost growth. Entrepreneurs will receive valuable advice and tools during this year’s edition, which runs Oct. 14 to 20.

Under the theme “Digitize now: Transform your business,” the nationwide event will invite Canadian entrepreneurs to learn about the benefits of new technologies and to take rapid action to measure digital performance for commercial success.

“In our increasingly connected, automated and data-driven world, we want to help Canadian businesses act now so they don’t risk falling behind,” says Michael Denham, President and CEO of BDC. “This year’s BDC Small Business Week will help entrepreneurs harness digital solutions to enhance financial performance and, ultimately, boost growth”.

SBW 2017 survey results suggest that, social media aside, digital technology adoption remains quite low among small businesses. For example, less than one quarter of businesses with fewer than 20 employees currently use e-commerce platforms. Fortunately, this proportion is expected to rise to about 48% by 2020.

“Canada’s SMEs have to digitize now. This is why we’ve partnered with PayPal Canada to launch BDC SBW and share insights on how e-commerce can help businesses achieve their growth goals”, he adds.

“We are delighted to team up with BDC to help Canadian entrepreneurs understand the critical need for a digital transformation so that they can unlock the full potential of digital solutions,’ said Paul Parisi, President of PayPal Canada. “At PayPal, we understand that a thriving e-commerce ecosystem leads to greater trade, employment and income opportunities. That’s why we are focused on delivering frictionless digital commerce solutions that help Canadian small businesses start and grow their business and compete on a global stage.”

October 12, 2018

 
 

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