Press release: Government backs UK entrepreneurs with tech support and software to help them grow
Help to Grow: Digital scheme launches today - part of the government’s
flagship support programme for small businesses scheme provides
businesses with discounts of up to £5,000 on approved Digital
Accounting and Customer Relations Management (CRM) software dedicated
website providing free, impartial support now open to boost
businesses’ digital skills
The government’s Help to Grow:
Digital scheme – designed to support smaller businesses in adopting
digital technologies so they can grow – has opened for applications
today (20 January).
Under the scheme, eligible businesses can
now receive discounts of up to £5,000 off the retail price of approved
Digital Accounting and CRM software from leading technology suppliers.
This software will help them to effectively manage their finances and
build customer relationships, ultimately levelling up the way
businesses are run and helping them to scale up.
From today,
businesses can also access practical, specialised support and advice
on how to choose the right digital technologies to boost their growth
and productivity through a new online platform.
The new Help
to Grow: Digital scheme sits alongside the Help to Grow: Management
scheme launched in 2021 as part of wider government efforts to back
businesses and level up the economy.
Through Help to Grow:
Digital, the government is providing business leaders with the advice
and funding they need to embrace digital technology and help their
business grow.
Business Secretary Kwasi Kwarteng
said:
I want UK businesses to be primed and ready to seize all
the opportunities on the horizon as we build back better from the
pandemic.
Adopting technology means higher performance, and the
Help to Grow: Digital scheme is future-proofing our small businesses
and putting the UK at the forefront of the worldwide digital
revolution.
The Chancellor of the Exchequer Rishi Sunak
said:
Small and medium sized businesses are the backbone of our
economy, creating jobs and prosperity across the UK.
When I
announced this at Budget I said we wanted to help businesses become
more innovative, more competitive and more profitable and I am excited
this programme allows them do that.
Help to Grow: Digital will
help them to grow and flourish by adopting new technologies that are
proven to improve processes and boost productivity, levelling up their
digital technology and skills.
Mike Cherry, National Chair at
the Federation of Small Businesses, said:
Small businesses are
often keen to embrace new technologies, but we know that 1 in 4 lack
confidence in their own basic digital skills. For those small firms
who are eligible, providing the means to make improvements through
projects like this will make a real difference for those that are keen
to expand their knowledge and skills.
Our own research has
shown that just 40% of small business owners have used applications
like cloud services and online data storage or back-up. It’s crucial
that practical changes like this scheme are put in place to help small
firms adopt digital technologies, making improvements to their own
business and driving growth.
We’re encouraging as many eligible
small firms to apply and make the most of this new
scheme.
Business Minister Lord Callanan said:
Tech is
proven to boost business productivity and help firms, however big or
small, to work better.
The cost-effective support, advice and
software offered through Help to Grow: Digital will help to level up
the UK economy, backing jobs and growth and bolstering the ability of
our businesses to compete globally.
Tech and Digital Economy
Minister Chris Philp said:
We’re working hard to make sure
small businesses can capitalise on technology’s potential to give
people new skills, create jobs and power growth in the
economy.
The support and advice provided by this new scheme
will supercharge small businesses and build a workforce with tech
talents fit for the future.
Lord Karan Bilimoria, CBI
President, said:
The launch of Help to Grow digital will help
thousands of SME businesses invest in technologies. Supporting
businesses on their digital transformation journey is fundamental to
unlocking economic growth, boosting productivity and creating a more
resilient future for firms.
The financial support and practical
guidance offered under this scheme as well as under the Help to Grow:
Management of which I’m a member on the advisory council, will be a
valuable additional resource to business leaders.
Driving
greater technology adoption continues to be a central aspect of the
government’s Innovation Strategy, and will be essential in delivering
a high skill, high wage economy.
Through the Help to Grow
schemes, the government is helping businesses to boost their
productivity with training and software that is proven to get results.
This is also just the start of the new scheme. The government
is looking to bring on further products that will help small and
medium-sized businesses to grow, including new software to help
businesses maximise their sales online.
Help to Grow:
Management offers business leaders management and leadership training.
Designed to be manageable alongside full-time work, businesses receive
50 hours of training across 12 weeks.
The course is 90%
funded by government and delivered by leading business schools across
the UK, with the support of experienced entrepreneurs and leading
figures from industry.
Courses have been running at business
schools across the UK since June. Additional Information
The
Help to Grow: Digital scheme is delivered through a new online
platform
To qualify for the financial discount through Help to
Grow: Digital, businesses can be from any business sector, but must
meet all 4 of the following criteria:
be a business based in
the United Kingdom registered with Companies House or be a registered
society on the Financial Conduct Authorities Mutuals Register be
employing between 5 and 249 people.
have been actively trading
for over 12 months, and have an incorporation date of at least 365
days prior to application be purchasing the approved software for the
first time eligible businesses will receive one financial discount
towards the purchase of one approved software product up to a maximum
of £5,000 (not including VAT) in Customer Relationship Management and
Digital Accounting software product categories additional software
product categories will be available with the discount soon, including
e-Commerce software the financial discount covers 12 months’ worth of
approved software product core costs, exclusive of VAT
The
approved software products from technology suppliers on the Help to
Grow: Digital online platform for wave 1 are: Customer Relationship
Management (CRM) software: Zestia Ltd Zymplify Livepoint Software
Solutions Ltd Esteiro Business Solutions Ltd Deskpro Ltd Digital
Accounting software:
Customer Relationship Management (CRM)
software allows businesses to store their customer contact and order
data all in one secure, central location. CRM has the capability to
simplify business processes and enable businesses to be more
profitable and efficient.
Businesses who use CRM systems to
manage their sales and customers see on average an 18% boost to their
productivity.
Digital Accounting software makes essential
business finance tasks like raising invoices, tracking spend, and
sharing information easier to manage. Businesses who adopt Digital
Accounting software see on average an 11. 8% increase in employee
sales over 3 years.
To find out how your business can get
Help to Grow, visit the GOV. UK Help to Grow page.