The government enterprise department will allow SMEs greater access to public contracts by registering their business with www.supply2.gov.uk
Under the latest scheme small businesses will have access to public contracts around the UK with a value of £100,000 or less.
The move is part of the Department for Business’ enterprise strategy outlined earlier this year, to help give SMEs a leg up in acquiring crucial public sector contracts.
Business minister Shriti Vadera said: “Small and medium sized businesses need our support to expand. Many smaller businesses are more innovative, have lower costs and present better value for taxpayers than larger firms. Introducing Britain’s small firms to government procurement contracts online will provide opportunities to grow that they would not have otherwise found.”
The news is welcomed by small business groups across the country, with John Wright from the FSB claiming that the move should eradicate the false assumption that biggest is always best.
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1 THE SMALL BUSINESS BLOG » Blog Archive » UK/Ireland Small Business News Round-up - 09/05/2008 // May 9, 2008 at 12:31 pm
[...] SMEs Encouraged To Register For Public Sector Contracts: The government enterprise department will allow SMEs greater access to public contracts by registering their business withwww.supply2.gov.uk Under the latest scheme small businesses will have access to public contracts around the UK with a value of £100,000 or less. [...]