Government Initiative: Help to Grow Digital

The Government has recently announced their new initiative ‘Help to Grow Digital’. The initiative is in direct response to assisting small and medium sized businesses to grow using digital platforms to assist in the management of businesses.

The assistance certainly comes as a positive step in the Government viewing the use of Digital technology as a benefit to businesses but also supporting this to be more accessible to all with cost being a barrier to entry for a lot of smaller businesses. Under the scheme, eligible businesses can now receive discounts of up to £5,000 off the retail price of approved Digital Accounting and CRM software from leading technology suppliers. This software will help businesses to effectively manage their finances and build customer relationships, ultimately leveling up the way businesses are run and helping them to scale up.

The eligibility criteria for the scheme are as follows:

• be a business based in the United Kingdom registered with Companies House or be a registered society on the Financial Conduct Authorities Mutuals Register
• be employing between 5 and 249 people
• have been actively trading for over 12 months, and have an incorporation date of at least 365 days prior to application
  be purchasing the approved software for the first time

The Government has initially launched partnerships with the following providers:

CRM:

• Capsule CRM
• Zymplify
• Livepoint Software Solutions Ltd
• Gold-Vision CRM
• Deskpro Ltd

Digital Accounting Software:

• Sage Business Cloud
• Quickbooks Online
• Crunch

For more information about the scheme or to discuss how your business could benefit from the use of Digital Accounting Tools please either call your local Westcotts office or email digital@westcotts.uk.