Small Business Charter awarded funding to support microbusinesses
by Startacus Admin
Microbusinesses in England take note - this one's for you. Government funding provided to the Small Business Charter to in turn support microbusinesses in England to engage with technology.
Good news for microbusinesses with the announcement that the Small Business Charter (SBC) has been awarded funding to support over 700 such enterprises to engage with technology to boost their productivity. The funding has been made available through the government’s £9m Business Basics Programme run by the Department of Business, Energy and Industrial Strategy (BEIS) and Innovate UK. The ‘Leading to Grow Programme’ will be offered at no cost to microbusinesses across England. The programme will be delivered by a consortium of business schools accredited by the Small Business Charter for their expertise in supporting small businesses and entrepreneurs.
Anne Kiem, Executive Director of the Small Business Charter and Chief Executive of the Chartered Association of Business Schools, said:
"We are excited to be working with business schools to help improve the productivity of a range of microbusinesses. The pace of technological advances means that today’s small firms who embrace innovation will be tomorrow’s success stories”.
Businesses that employ up to nine people will be able to apply to take part in workshops around how to utilise existing technologies to improve efficiency and profitability.
Due to the small size and the dispersed nature of microbusinesses, they have not generally received intervention of this sort by government agencies. However, the government is now proactively targeting this type of business due to their potential and readiness to scale-up.
This is the first time that a programme like this has been coordinated across the country and with so many areas being covered, it is hoped that it will help a significant number of microbusinesses and support economic growth in a number of regions.
The UK’s 1.1 million microbusinesses employ over 4 million people and contribute £533bn to the UK economy. The business schools, the Small Business Charter and the government therefore hope to make a real impact on this important part of the economy.
If you're interested in applying, simply visit the Leading to Grow site and contact your local business school.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.
.jpg)
Kingussie High School scoops first place for Junior and Senior categories at this year’s Growing Future Assets Competition.
The lowdown on Manchester-based Arctic Shores and its innovative recruitment solution to help candidate potential count as much as skills and experience.
With the demand for tattoo removal now greater than ever, specialist NAAMA Studios makes a bid for a further £11m in funding.
By combining machine-learning with zero-party data, new tool launched by MarTech startup Qudo ends the ‘era of assumption’ for marketers.
Want to be your own boss and earn some money whilst travelling? Here are a few ways to do just that...
Innovative app marketing and analytics startup, App Radar becomes first platform to provide app marketers with Generative AI-powered insights into their own apps and competition.
Shropshire-based agri-robotics startup upp is automating broccoli harvesting and 'upcycling' the 80% waste into sustainable protein.
Alba secures licence to help transform banking for small and medium sized businesses in Scotland via its high-tech and customer-focused solution.
.jpg)
Making a few small changes in March could make all the difference for your business. Daniella Genas, founder of Be The Boss shares some tips on doing just that.
Published on: 9th January 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Huckletree opens new London hub for tech companies pioneering Web3 solutions 16th Mar 2023 Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.
- Scottish Highlands Home to the Next Generation of Future Female Investors 15th Mar 2023 Kingussie High School scoops first place for Junior and Senior categories at this year’s Growing Future Assets Competition.
- London-based NAAMA Studios on a mission to raise £11m funding 14th Mar 2023 With the demand for tattoo removal now greater than ever, specialist NAAMA Studios makes a bid for a further £11m in funding.
- Qudo democratises data-powered marketing with new ‘freemium’ research and activation platform 14th Mar 2023 By combining machine-learning with zero-party data, new tool launched by MarTech startup Qudo ends the ‘era of assumption’ for marketers.
