Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Home News Government expand Help to Grow: Digital Scheme to help over 1 million SMEs

Government expand Help to Grow: Digital Scheme to help over 1 million SMEs

by uma


London, 25th July – The UK government has today announced it has expanded the eligibility of its Help to Grow: Digital Scheme, slashing the cost of leading software for up to 1.2 million small businesses.

Businesses under 250 employees can now access discounts up to £5,000 on approved software, which now also includes eCommerce software to help businesses reach new markets.

Accounting and CRM software are eligible for discount within the scheme, with aims to help boost the productivity and growth of the UK small business market amidst rising costs during the cost-of-living crisis.

Business Minister, Lord Callanan, said: “Boosting productivity isn’t some abstract concept to be sniffed at – for individual SMEs it means bigger sales and breaking into new markets. It can add £100 billion to the British economy overall, creating jobs and opportunity across the country.

“Adopting the latest technology is proven to help businesses make the most of their potential, and by making more than one million firms eligible for the scheme, we’re helping to level up the UK economy and bolster the ability of our businesses to compete with the best worldwide” he continued.

The scheme will also provide one-to-one advice for SMEs to help guide them on how best to adapt new digital technology.

Shoaib Aslam, Founder of Start My Business, commented: “Government support for start-ups and SMEs is vital and the Help to Grow scheme will prove hugely beneficial for early-stage businesses. SMEs rely on a plethora of digital tools from accounting software to marketing platforms to contract tools which increases operating costs, so discounts via the government led scheme are very welcome, and vital to allow small businesses to stay afloat.

“Whilst discounted software is certainly a positive step, that alone won’t fuel a successful business. Further support from the government in areas such as accessing business finance will help start-ups to finance early-stage growth and create a sustainable operating model. This must be supplemented by mutual support in the small business circle, sharing advice, guidance and digital tools between each other to ensure we can all prosper” he added.


You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More