Government’s Help to Grow scheme to triple its reach

26.07.2022
James Rix
News
James Rix Manager at Ely

The digital scheme is being expanded to businesses with at least one employee, meaning up to 1.2 million businesses could benefit.

James Rix Manager at Ely

The scheme that reduces the price of leading software, which helps to boost growth and productivity in UK’s smaller businesses has now been made available for those businesses with 1 to 249 employees. This allows them to access discounts of up to £5,000 on approved software.

Previously, the scheme was only available to businesses with more than 5 employees.

Having announced that eCommerce software has also been added to the scheme, a software that helps businesses selling online and reach new markets. Businesses that adopt eCommerce can see on average a 7.5% increase in employee sales over 3 years.

Businesses can now access a £5,000 discount on 30 software solutions from 14 leading technology suppliers for eCommerce, digital accounting and CRM software. In addition, the government has also announced that Help to Grow: Digital will support one-to-one advice for SMEs on how best to adopt digital technology.

To qualify for the discount through the Help to Grow: Digital, businesses can be from any business sector, but must meet all four of the following criteria:

  1. be a business based in the United Kingdom registered with Companies House or be a registered society on the Financial Conduct Authorities Mutuals Register
  2. have at least 1 employee who is not an owner, up to a maximum of 249 employees
  3. have been actively trading for over 12 months, and have an incorporation date of at least 365 days prior to application
  4. be purchasing the approved software for the first time

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