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.
The lowdown on Koalaa, the London-based startup that's innovating soft prosthetics for babies, children and adults
Changemakers sought by National enterprise charity, Hatch Enterprise for its three new Impact programmes aimed at entrepreneurs using business as a force for good
Ten innovative startups with the potential to shape the future have been named as finalists in INVENT 2021, Northern Ireland’s challenging competition for early stage businesses
.jpeg)
Kyle Murtagh of Toastmasters International shares insights and tips on providing feedback to your team that is effective, constructive and inspiring too
Enterprise North West and Startacus collaborate with a group of students from NWRC to create Week Gen-C, a part- employability, part-career and part-entrepreneurship focused digital project & channel
.jpeg)
Having a strong team around you is key - these basic tips highlight all the things that you'll need to consider...
Vehicle management platform, Caura raises major seed funding to support its mission of reducing stress and expense of driving in the UK
The lowdown on Peroptyx, the machine learning startup that helps companies refine their AI systems with real-world human insight and feedback
The lowdown on Greenfinity, the smart designer system that lets you grow your favourite herbs and other plants throughout the year
Diversity & Inclusion Toolkit launched by Tech Nation to help tech founders and their employees create more diverse and inclusive businesses, and provide equal opportunities for all in UK tech
Published on: 9th January 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Youth Entrepreneurship, Employability and Careers Project 21st Jun 2021 Enterprise North West and Startacus collaborate with a group of students from NWRC to create Week Gen-C, a part- employability, part-career and part-entrepreneurship focused digital project & channel
- Caura raises $4.2m seed round 18th Jun 2021 Vehicle management platform, Caura raises major seed funding to support its mission of reducing stress and expense of driving in the UK
- ECOncrete Wins EU H2020 Funding 16th Jun 2021 ECOncrete Wins EU H2020 Funding to Lead the “LIVING PORTS” Project to Deploy Next-Generation Port Infrastructure
- Calling on all 18-30 year-olds in the UK with innovative business ideas 14th Jun 2021 Innovate UK and The Prince’s Trust are seeking 18-30-year-olds with ambitious business ideas that could turn into important innovations
