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.
Matter is an innovative startup on a mission to develop pioneering technology solutions for capturing, harvesting and recycling microplastics.
New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
Looking for ways to attract new employees to your startup? Here are some tips to help entrepreneurs entice talented candidates.
 - In cradle 2.3.png)
Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
xigxag is a Cornwall-based startup that has created an innovative audiobook app offering great prices, no subscriptions and exclusive access to their listen-and-read x-book®.
The lowdown on Kanda, the fintech startup that's on a mission to help tradespeople build their businesses and win better work.
Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
It may still be a pretty challenging and stressful time for businesses. However, here are a few basic tips that should help...
10 innovative startups on a mission to solve some of the aerospace industry's key challenges are announced as participants in the next Aerospace Xelerated programme.
Published on: 9th January 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Innovation 2121 aims to inspire young people to help shape Northern Ireland’s next 100 years. 21st Jan 2022 New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
- Imaging experts epipole secure investment to support US growth 20th Jan 2022 Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
- Early stage tech startups sought for Raise Spring Accelerator programme 18th Jan 2022 Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
- Planet First Partners backs cooling tank technology that reduces data centre climate impact 18th Jan 2022 Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
