// INDUSTRY UNLOCKED
“
WHILE GOVERNMENT
SPENDING WITH SMALL BUSINESSES IS RISING , WE
WANT TO TURBOCHARGE THIS GROWTH .
• A new central platform showing future work in each area . This means , for example , a new SME tech firm in Lancashire will be able to search for tech opportunities upcoming in their region
• Creating one single website to register on , rather than the multiple and timeconsuming systems SMEs currently have to register on before bidding for work
• Reducing unnecessary insurance costs before a supplier has even bid for a contract
• A new competitive flexible procedure , which will allow contractors to design more innovation into the process , benefitting smaller tech start-ups
• Strengthening prompt payment , so that businesses throughout the public sector supply chain receive payment within 30 days
Cabinet Office Minister , Alex Burhart , said : “ We know that complex rules have long been one of the major challenges for SMEs trying to win government work .
“ And while government spending with small businesses is rising , we want to turbocharge this growth .
“ This bill will deliver on that , making it easier for SMEs , who make up 99 % of UK businesses , to compete for and win government contracts , through smarter , simpler and more flexible regulations .”
Elizabeth Vega , Group CEO of Informed Solutions , said : “ SMEs are vital for growth in our economy and vibrant local communities . They are often the largest local employers , the most active members of our local communities , and amongst those businesses most willing to invest in their local communities , train and upskill their staff .
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