Market Leads & Opportunities
SMEs to have easier access to government contracts with action plan to level playing field
Smaller businesses will be given easier access to government contracts as part of a £35 million promise to unlock more opportunities through a new SME Action Plan, Small Business Minister Kelly Tolhurst announced.The SME Action Plan sets out a commitment by the Department for Business, Energy and Industrial Strategy (BEIS) that by 2022, at least £1 in every £3 government spends will be with smaller businesses and the BEIS Group will spend an extra £35 million with SMEs to level the playing field for SMEs bidding for government procurement contracts. BEIS and its partner agencies currently spend approximately £360 million a year on SMEs.To help smaller businesses find subcontracting work, the department will also ensure government’s larger suppliers advertise on our Contracts Finder site.
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