Help for small enterprises
The report from small business support platform, Enterprise Nation, and think tank The Entrepreneurs Network analysed fresh data from government tenders and data provider Tussell.
Procurement in the UK accounts for a third of all government spending, and over a tenth of all spending in the economy, which means the Government has more fire power to support start-ups and small business growth than many understand. “We’re not suggesting a ‘bonfire of the red tape,’ but this report shows a significant reduction in bureaucracy could help to turn the dial on small business growth.”
Establish a pro-innovation culture. Look for indicators other than history of procurement to deduce ability to deliver on scale. Decrease bureaucracy. Dynamic procurement allows companies to submit information about their company once, which then makes them eligible for all contracts of a certain type.
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