SMEs work successfully with UK Government

The UK Government has announced itself ‘open for business’ and wants to work with more small and medium sized enterprises (SMEs*). By 2020 it plans to have one third of its spend on goods and services using SMEs either directly or through the supply chain.

In their latest announcement a list of the top 100 SME suppliers to central government has been published. Several of these suppliers are sharing stories and offering tips on how to be successful in this field, at the dedicated Open for Business website.

Government open for business

Becoming a supplier to the UK Government could make a real difference to your business. Companies have reported increased turnover, an expanding workforce and higher profits. To help boost supplier numbers, the application process has been made simpler, and there is a guarantee that valid invoices will be paid within 30 days or less.

To view current contracts available, click on the Contracts Finder link and search for opportunities to supply the government and its agencies. This is for England only but there are links to Scotland, Wales and Northern Ireland’s own schemes.

Contracts Finder lets you search for information about contracts worth over £10,000, you can use it to search for opportunities in different sectors, find out what’s coming up in the future and look up details of previous tenders and contracts. You can also create an account to get email updates and save your searches.

If you are interested in working at a more local level, for example with South Oxfordshire District Council, please follow the link to see a list of contracts currently available.

*SMEs are categorised into three types, defined by the number of employees and turnover or balance sheet total.

A medium sized business is defined as having a headcount of less than 250 and under 50 million euros turnover/ under 43 million on their balance sheet. Small is less than 50 headcount and under 10 million euros turnover or balance sheet; micro is under 10 headcount and less than 2 million euros turnover or balance sheet.