Chancellor announces tech support for SMEs

Chancellor Rishi Sunak has announced that small businesses will be given cut-price access to the latest technology, with firms able to get up to £5,000 off software under the Help to Grow: Digital scheme. Mr Sunak, who said SMEs are “the backbone of our economy, creating jobs and prosperity across the UK,” noted that in his Budget he outlined an ambition to help businesses become more innovative, more competitive and more profitable, adding: “I am excited this programme allows them to do that.” Mike Cherry, national chairman at the Federation of Small Businesses, who cited research showing that just 40% of small business owners have used applications like cloud services and online data storage or back-up, said it is “crucial that practical changes are put in place to help small firms adopt digital technologies, making improvements to their own business and driving growth.” Business Secretary Kwasi Kwarteng said the scheme is “future-proofing our small businesses and putting the UK at the forefront of the worldwide digital revolution.”

 

 

Daily Express

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