Procurement · 15 November 2016

New entrepreneurial panel urges government to boost spending with small business

The panel has set a target of committing a third of national budget to small businesses by 2020
The panel has set a target of committing a third of national budget to small businesses by 2020
A panel of 24 small business representatives has been appointed to advise government and support small companies when accessing public procurement opportunities.

According to an announcement from the Cabinet Office, the formation of the ‘sME Panel? is intended to give ambitious UK entrepreneurs a louder voice within the Crown Commercial Service the public procurement arm of the Cabinet Office.

The panel will seek to use its expertise to act as a mediator between small firms and government, supporting the target of committing a third of the national budget to smaller companies by 2020.

Providing Business Advice with an insight into the targets of the new panel, Enterprise Nation founder Emma Jones, currently acting as small business representative to the crown commercial service, stated that its aims were two-fold.

Jones said: The purposeof the SME Panel is to feed into government on how businesses are findingprocurement in the public sector, and to outwardly promote the opportunity of selling to government to small businesses across the UK.

if we get it right, everyone benefits, she added.

Online platforms such as GCloud have brought together contract opportunities from numerous providers to help create a manageable public procurement process for entrepreneurs.

Commenting on the government’s target to strengthen its relationship with entrepreneurs in Britain, Ben Gummer, UK paymaster general and cabinet minister, made it clear that the interests of small businesses would continue to be supported.

government is firmly on the side of entrepreneurs and we will do everything we can to make their lives easier.

the business experts will play a vital role to help us increase spending with small businesses, which are the lifeblood of the UK economy, he said in a statement.

Jones offered advice to entrepreneurs eager to access public contracts.


 
TAGS:

ABOUT THE EXPERT

Praseeda Nair is the editorial director of Business Advice, and its sister publication for growing businesses, Real Business. She's an impassioned advocate for women in leadership, and likes to profile business owners, advisors and experts in the field of entrepreneurship and management.

Entrepreneurship